5031 OLIVER AVE S MINNEAPOLIS MN 55419

PID: 1602824320049

Property Overview

Parcel ID1602824320049

Lot Size5,165 sq ft (0.119 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerBRADLEY JAY SCHLICHTING

Assessed Value$568,500

Land Value$296,000

Building Value$272,500

Annual Tax$9,006

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2018 · $67K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Final Inspection

CenterPoint Energy Resource Corp

ExistresNov 2021Closed

Standard Heating and Air Conditioning Inc

ExistresJun 2019Closed

Standard Heating and Air Conditioning Inc

MiscMay 2019Closed

$11K

WRIGHT AT HOME SERVICES INC

ResSep 2018Closed

DINIUS PLUMBING CO INC

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth89 ft

Area~2,674 sqft

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 2,674 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5037 OLIVER AVE S MINNEAPOLIS MN 55419	MARGARET MARY TRACY	RESIDENTIAL	$462,100	40 ft
5029 OLIVER AVE S MINNEAPOLIS MN 55419	T U FORAN REVOC TRUST ET AL	RESIDENTIAL	$698,800	40 ft
5041 OLIVER AVE S MINNEAPOLIS MN 55419	JOHN A RUTLEDGE	RESIDENTIAL	$516,000	80 ft
5025 OLIVER AVE S MINNEAPOLIS MN 55419	J M KOONTZ & P B KOONTZ	RESIDENTIAL	$700,800	80 ft
5045 OLIVER AVE S MINNEAPOLIS MN 55419	J A D HART & D S D HART II	RESIDENTIAL	$663,300	120 ft
5021 OLIVER AVE S MINNEAPOLIS MN 55419	ALEXANDER MELTON ET AL	RESIDENTIAL	$615,000	120 ft
5034 NEWTON AVE S MINNEAPOLIS MN 55419	L R & E F OLSON	RESIDENTIAL	$451,400	142 ft
5028 NEWTON AVE S MINNEAPOLIS MN 55419	BILL D BLANCHFILL ET AL	RESIDENTIAL	$740,300	145 ft
5040 NEWTON AVE S MINNEAPOLIS MN 55419	JOHNNA L JOHNSON	RESIDENTIAL	$587,600	159 ft
5017 OLIVER AVE S MINNEAPOLIS MN 55419	A W DIETERICH/M M DIETERICH	RESIDENTIAL	$651,600	159 ft

Property History

Most Recent Sale

Date199602

Price$139,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$9,006