5136 OLIVER AVE S MINNEAPOLIS MN 55419

PID: 1602824320119

Property Overview

Parcel ID1602824320119

Lot Size5,098 sq ft (0.117 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerM E WALSH & P J WALSH

Assessed Value$590,100

Land Value$295,000

Building Value$295,100

Annual Tax$9,415

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2016 · $29K total declared value · Most recent: Jun 2025 (misc)

MiscJun 2025Closed

$9K

Millennium Roofing LLC

ExistresApr 2025Inspection

Standard Heating and Air Conditioning Inc

ResApr 2018Closed

CENTERPOINT ENERGY

ExistresJun 2017Closed

Patrick J Walsh

ResJun 2017Closed

Patrick J Walsh

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth87 ft

Area~2,623 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 small multifamily (2–4 units, wood frame) benchmarks for 2,623 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5132 OLIVER AVE S MINNEAPOLIS MN 55419	CAROL JANE BRUNETTE	RESIDENTIAL	$416,900	40 ft
5140 OLIVER AVE S MINNEAPOLIS MN 55419	J M ROLLER & S A ROLLER	RESIDENTIAL	$731,400	50 ft
5128 OLIVER AVE S MINNEAPOLIS MN 55419	N J HAIGHT & J P ANDERSON	RESIDENTIAL	$693,000	80 ft
5148 OLIVER AVE S MINNEAPOLIS MN 55419	D R LAMAGDELEINE TRUST ET AL	RESIDENTIAL	$708,900	110 ft
5124 OLIVER AVE S MINNEAPOLIS MN 55419	A A MATTHIAS & J P MATTHIAS	RESIDENTIAL	$601,300	120 ft
5137 PENN AVE S MINNEAPOLIS MN 55419	COMMUNITY HOUSING RESOURCES	APARTMENT	$0	141 ft
5133 PENN AVE S MINNEAPOLIS MN 55419	PATRICIA M FEDKIW	RESIDENTIAL	$452,300	145 ft
5120 OLIVER AVE S MINNEAPOLIS MN 55419	G S HULNE & H J LEIDE	RESIDENTIAL	$582,700	160 ft
5145 PENN AVE S MINNEAPOLIS MN 55419	PEDRO D GUILLEN GARZA	RESIDENTIAL	$409,900	160 ft
5129 PENN AVE S MINNEAPOLIS MN 55419	HADRIAN V MOORE	RESIDENTIAL	$439,300	161 ft

Property History

Most Recent Sale

Date201612

Price$459,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,415