5057 OLIVER AVE S MINNEAPOLIS MN 55419

PID: 1602824320043

Property Overview

Parcel ID1602824320043

Lot Size4,936 sq ft (0.113 ac)

Lot Dimensions (est.)129 ft wide × 38 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerYANLING LI COTTLE

Assessed Value$623,000

Land Value$288,000

Building Value$335,000

Annual Tax$10,038

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2005 · $189K total declared value · Most recent: Jan 2024 (misc)

MiscJan 2024Closed

$48K

SCHERER BROTHERS LUMBER CO

ResJan 2022Closed

Pronto Heating & Air Conditioning Inc

AdditionOct 2021Closed

$2K

YANLING Cottle

AdditionAug 2021Closed

$8K

YANLING Cottle

MiscMar 2021Closed

$6K

ASHTON MCGEE RESTORATION GROUP LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Lynnhurst · Minneapolis

Median reported rent1,771/mo

Renter-occupied10.4%

Median home value$551K

Vacancy rate5.7%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1113

Market Snapshot

Zip code 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width116 ft

Buildable depth0 ft

Area~2,248 sqft

Lot dimensions are insufficient for the standard setbacks shown.

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 2,248 sqft buildable area.

Est. units

Yield on cost

1.2%

Spread

-4.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5053 OLIVER AVE S MINNEAPOLIS MN 55419	ADRIENNE E GRAY	RESIDENTIAL	$582,100	39 ft
5049 OLIVER AVE S MINNEAPOLIS MN 55419	B BERGLUND & C POCRNICH	RESIDENTIAL	$578,900	79 ft
5101 OLIVER AVE S MINNEAPOLIS MN 55419	K J GRIESHABER/J J SIEGFRIED	RESIDENTIAL	$584,900	100 ft
5045 OLIVER AVE S MINNEAPOLIS MN 55419	J A D HART & D S D HART II	RESIDENTIAL	$663,300	119 ft
5105 OLIVER AVE S MINNEAPOLIS MN 55419	SUSAN M TOWNSEND	RESIDENTIAL	$650,800	140 ft
2104 51ST ST W MINNEAPOLIS MN 55419	MEGHAN HEMKEN & PETER FORBES	RESIDENTIAL	$537,600	141 ft
5052 NEWTON AVE S MINNEAPOLIS MN 55419	GERALD V ROBB	RESIDENTIAL	$568,000	146 ft
5041 OLIVER AVE S MINNEAPOLIS MN 55419	JOHN A RUTLEDGE	RESIDENTIAL	$516,000	159 ft
5048 NEWTON AVE S MINNEAPOLIS MN 55419	LICKTEIG/HELM PROPERTIES LLC	RESIDENTIAL	$467,800	161 ft
5100 NEWTON AVE S MINNEAPOLIS MN 55419	TANGEN TRUST	RESIDENTIAL	$699,200	173 ft

Property History

Current Tax Year

Year2026

Tax Due$10,038