5721 OLIVER AVE S MINNEAPOLIS MN 55419

PID: 2102824230069

Property Overview

Parcel ID2102824230069

Lot Size9,605 sq ft (0.221 ac)

Lot Dimensions (est.)136 ft wide × 71 ft deep

Year Built1947

Property ClassRESIDENTIAL

OwnerK C HANCOCK & J D HANCOCK

Assessed Value$411,400

Land Value$246,000

Building Value$165,400

Annual Tax$6,212

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $68K total declared value · Most recent: Jun 2023 (misc)

MiscJun 2023Closed

$20K

SCHERER BROTHERS LUMBER CO

MiscNov 2021Closed

$4K

SMART BUILDERS INC

ExistresNov 2018Closed

BOEHM HEATING

RemodelNov 2018Closed

$44K

CARPENTRY UNLIMITED LLC

ResMay 2018Closed

Farr Plumbing and Heating LLC

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

Neighborhood Profile

Armatage · Minneapolis

Median reported rent2,052/mo

Renter-occupied15.4%

Median home value$393K

Vacancy rate2.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 120.01

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 width60 ft

Buildable depth97 ft

Area~5,721 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 5,721 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5725 OLIVER AVE S MINNEAPOLIS MN 55419	JON R MENKE & LISA K GUYOTT	RESIDENTIAL	$487,200	77 ft
5717 OLIVER AVE S MINNEAPOLIS MN 55419	SARAH STRONG & GREG STRONG	RESIDENTIAL	$429,700	78 ft
5714 NEWTON AVE S MINNEAPOLIS MN 55419	G J & M R KETTER	RESIDENTIAL	$531,300	132 ft
5718 NEWTON AVE S MINNEAPOLIS MN 55419	T N TRUMBLE ET AL JT REV TR	RESIDENTIAL	$488,200	152 ft
5710 NEWTON AVE S MINNEAPOLIS MN 55419	LINDA DOMNITZ LIVING TRUST	RESIDENTIAL	$438,100	155 ft
5729 OLIVER AVE S MINNEAPOLIS MN 55419	ERIK M & NICOLE A Z LINDBERG	RESIDENTIAL	$489,000	157 ft
5716 OLIVER AVE S MINNEAPOLIS MN 55419	K J LYNN & R SCHOESSLER-LYNN	RESIDENTIAL	$491,300	193 ft
5720 OLIVER AVE S MINNEAPOLIS MN 55419	ANN C MACKINNON	RESIDENTIAL	$404,700	193 ft
2109 57TH ST W MINNEAPOLIS MN 55419	B KRISHNAMURTHY/S GOPINATHAN	RESIDENTIAL	$427,100	196 ft
5722 NEWTON AVE S MINNEAPOLIS MN 55419	LEAH BOILEAU/RYAN VESLEDAHL	RESIDENTIAL	$383,200	205 ft

Property History

Most Recent Sale

Date201505

Price$273,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,212