5436 OLIVER AVE S MINNEAPOLIS MN 55419

PID: 2102824220082

Property Overview

Parcel ID2102824220082

Lot Size6,309 sq ft (0.145 ac)

Lot Dimensions (est.)126 ft wide × 50 ft deep

Year Built1947

Property ClassRESIDENTIAL

OwnerHAL W BROWN/SYDNEY R SHAW

Assessed Value$626,900

Land Value$203,000

Building Value$423,900

Annual Tax$10,111

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2020 · $125K total declared value · Most recent: May 2023 (res)

ResMay 2023Cancelled

4Front Energy Solutions Inc

ExistresMay 2023Cancelled

4Front Energy Solutions Inc

ExistresJun 2022Closed

Hero Home Services LLC

ExistresOct 2021Closed

GTS HVAC INC

ResAug 2021Closed

Accurate Plumbing INC

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

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 width40 ft

Buildable depth86 ft

Area~3,446 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 3,446 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5432 OLIVER AVE S MINNEAPOLIS MN 55419	CHRISTINA GUNDERSON	RESIDENTIAL	$407,100	50 ft
5440 OLIVER AVE S MINNEAPOLIS MN 55419	D A BRONSON & S M BRONSON	RESIDENTIAL	$451,200	50 ft
5444 OLIVER AVE S MINNEAPOLIS MN 55419	ROBERTA R BLACKWOOD	RESIDENTIAL	$391,200	98 ft
5428 OLIVER AVE S MINNEAPOLIS MN 55419	F C MARVER & L H BAILEY	RESIDENTIAL	$515,900	100 ft
5437 PENN AVE S MINNEAPOLIS MN 55419	PENN AVE PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$367,700	140 ft
5441 PENN AVE S MINNEAPOLIS MN 55419	M YARMOLICH & N YARMOLICH	RESIDENTIAL-TWO UNIT	$366,300	148 ft
5433 PENN AVE S MINNEAPOLIS MN 55419	KGCRENTAL LLC	RESIDENTIAL-TWO UNIT	$412,700	148 ft
5424 OLIVER AVE S MINNEAPOLIS MN 55419	B A LARISON/MEGAN D LARISON	RESIDENTIAL	$410,100	150 ft
5445 PENN AVE S MINNEAPOLIS MN 55419	TENZIN LHAMO	RESIDENTIAL-TWO UNIT	$396,900	171 ft
5429 PENN AVE S MINNEAPOLIS MN 55419	SHEILA M ODOUGHERTY	RESIDENTIAL-TWO UNIT	$355,700	172 ft

Property History

Most Recent Sale

Date202411

Price$850,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,111