5440 OLIVER AVE S MINNEAPOLIS MN 55419

PID: 2102824220083

Property Overview

Parcel ID2102824220083

Lot Size6,309 sq ft (0.145 ac)

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

Year Built1947

Property ClassRESIDENTIAL

OwnerD A BRONSON & S M BRONSON

Assessed Value$451,200

Land Value$203,000

Building Value$248,200

Annual Tax$7,143

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $100K total declared value · Most recent: Jan 2025 (res)

ResJan 2025Closed

Petes Plumbing LLC

ExistresJan 2025Closed

4Front Energy Solutions Inc

RemodelDec 2024Inspection

$95K

9x9 Studio LLC

ExistresAug 2023Closed

Pronto Heating & Air Conditioning Inc

ResJun 2020Closed

CenterPoint Energy Resource Corp

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
5444 OLIVER AVE S MINNEAPOLIS MN 55419	ROBERTA R BLACKWOOD	RESIDENTIAL	$391,200	48 ft
5436 OLIVER AVE S MINNEAPOLIS MN 55419	HAL W BROWN/SYDNEY R SHAW	RESIDENTIAL	$626,900	50 ft
5432 OLIVER AVE S MINNEAPOLIS MN 55419	CHRISTINA GUNDERSON	RESIDENTIAL	$407,100	100 ft
5441 PENN AVE S MINNEAPOLIS MN 55419	M YARMOLICH & N YARMOLICH	RESIDENTIAL-TWO UNIT	$366,300	140 ft
5445 PENN AVE S MINNEAPOLIS MN 55419	TENZIN LHAMO	RESIDENTIAL-TWO UNIT	$396,900	148 ft
5437 PENN AVE S MINNEAPOLIS MN 55419	PENN AVE PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$367,700	149 ft
5428 OLIVER AVE S MINNEAPOLIS MN 55419	F C MARVER & L H BAILEY	RESIDENTIAL	$515,900	150 ft
5500 OLIVER AVE S MINNEAPOLIS MN 55419	SCB1 PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$431,500	162 ft
5433 PENN AVE S MINNEAPOLIS MN 55419	KGCRENTAL LLC	RESIDENTIAL-TWO UNIT	$412,700	172 ft
5445 OLIVER AVE S MINNEAPOLIS MN 55419	M M & T M CHAMLIN	RESIDENTIAL	$528,100	189 ft

Property History

Most Recent Sale

Date201107

Price$255,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,143