5701 OLIVER AVE S MINNEAPOLIS MN 55419

PID: 2102824230071

Property Overview

Parcel ID2102824230071

Lot Size13,607 sq ft (0.312 ac)

Lot Dimensions (est.)151 ft wide × 90 ft deep

Year Built2013

Property ClassRESIDENTIAL

OwnerM FARNER & T HUSEBY

Assessed Value$1,190,100

Land Value$280,000

Building Value$910,100

Annual Tax$20,765

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2013 · $516K total declared value · Most recent: Jun 2023 (misc)

MiscJun 2023Closed

$74K

ALLSTAR CONSTRUCTION COMMERCIAL LLC

MiscJun 2023Closed

$42K

ALLSTAR CONSTRUCTION COMMERCIAL LLC

BinbJul 2013

$400K

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

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 width138 ft

Buildable depth50 ft

Area~6,446 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 sfr / adu benchmarks for 6,446 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2109 57TH ST W MINNEAPOLIS MN 55419	B KRISHNAMURTHY/S GOPINATHAN	RESIDENTIAL	$427,100	84 ft
5717 OLIVER AVE S MINNEAPOLIS MN 55419	SARAH STRONG & GREG STRONG	RESIDENTIAL	$429,700	133 ft
5712 OLIVER AVE S MINNEAPOLIS MN 55419	CORTNEY MURNANE	RESIDENTIAL	$351,300	156 ft
5708 OLIVER AVE S MINNEAPOLIS MN 55419	WADE R ELLARS	RESIDENTIAL	$343,200	158 ft
2105 57TH ST W MINNEAPOLIS MN 55419	DOROTHY M MADER	RESIDENTIAL	$376,300	161 ft
5655 OLIVER AVE S MINNEAPOLIS MN 55419	G MANOUSAKIS & A SYRIKA	RESIDENTIAL	$905,100	167 ft
5716 OLIVER AVE S MINNEAPOLIS MN 55419	K J LYNN & R SCHOESSLER-LYNN	RESIDENTIAL	$491,300	198 ft
5656 OLIVER AVE S MINNEAPOLIS MN 55419	R & L ROY	RESIDENTIAL	$347,600	201 ft
5704 OLIVER AVE S MINNEAPOLIS MN 55419	LARA G BERGMAN TRUST	RESIDENTIAL	$461,400	205 ft
5721 OLIVER AVE S MINNEAPOLIS MN 55419	K C HANCOCK & J D HANCOCK	RESIDENTIAL	$411,400	207 ft

Property History

Most Recent Sale

Date201210

Price$165,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$20,765