5401 OLIVER AVE S MINNEAPOLIS MN 55419

PID: 2102824220072

Property Overview

Parcel ID2102824220072

Lot Size5,987 sq ft (0.137 ac)

Lot Dimensions (est.)127 ft wide × 47 ft deep

Year Built1947

Property ClassRESIDENTIAL

OwnerALYSSA HOUGH

Assessed Value$344,800

Land Value$192,000

Building Value$152,800

Annual Tax$5,101

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $36K total declared value · Most recent: Feb 2022 (misc)

MiscFeb 2022Closed

$24K

ELYSIAN CONSTRUCTION INC

MiscOct 2021Closed

$12K

ELYSIAN CONSTRUCTION INC

ResJun 2020Closed

CenterPoint Energy Resource Corp

ExistresJan 2020Closed

CENTERPOINT ENERGY

ResDec 2018Closed

AQUA CITY PLUMBING

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

Neighborhood Profile

Armatage · 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 width114 ft

Buildable depth7 ft

Area~2,971 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 2,971 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5405 OLIVER AVE S MINNEAPOLIS MN 55419	CYNTHIA L CARPENTER ET AL	RESIDENTIAL	$400,900	49 ft
5409 OLIVER AVE S MINNEAPOLIS MN 55419	S J & C M LEE TRUSTEES	RESIDENTIAL	$460,600	98 ft
5353 OLIVER AVE S MINNEAPOLIS MN 55419	T MARRONE & K BOHNENSTINGL	RESIDENTIAL	$451,100	114 ft
5400 NEWTON AVE S MINNEAPOLIS MN 55419	JULIANE JANET MORAN	RESIDENTIAL	$518,500	141 ft
5413 OLIVER AVE S MINNEAPOLIS MN 55419	B HOFFMANN & A TUNHEIM	RESIDENTIAL	$478,300	148 ft
5406 NEWTON AVE S MINNEAPOLIS MN 55419	G & K REDELSHEIMER TRUST	RESIDENTIAL	$430,600	155 ft
5349 OLIVER AVE S MINNEAPOLIS MN 55419	J JUBARA & M JUBARA	RESIDENTIAL	$537,300	161 ft
5354 NEWTON AVE S MINNEAPOLIS MN 55419	A DARLINGTON & N BLYTH	RESIDENTIAL	$641,600	181 ft
5400 OLIVER AVE S MINNEAPOLIS MN 55419	G SANDHOLM & R SANDHOLM	RESIDENTIAL	$420,800	186 ft
5412 NEWTON AVE S MINNEAPOLIS MN 55419	R ANDERSON & M ANDERSON	RESIDENTIAL	$508,400	188 ft

Property History

Most Recent Sale

Date202505

Price$430,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,101