5821 OLIVER AVE S MINNEAPOLIS MN 55419

PID: 2102824320056

Property Overview

Parcel ID2102824320056

Lot Size6,715 sq ft (0.154 ac)

Lot Dimensions (est.)128 ft wide × 52 ft deep

Year Built1949

Property ClassRESIDENTIAL

OwnerE MCLACHLAN & J J VOLENEC

Assessed Value$509,300

Land Value$183,000

Building Value$326,300

Annual Tax$7,886

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · Most recent: Feb 2024 (res)

ResFeb 2024Closed

CenterPoint Energy Resource Corp

ExistresJan 2023Closed

WOODLAND STOVES & FIREPLACES

ResMay 2018Closed

MN PLUMBING AND APPLIANCES

ResAug 2017Closed

Warners Stellian Co Inc

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 width115 ft

Buildable depth12 ft

Area~3,488 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 3,488 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5817 OLIVER AVE S MINNEAPOLIS MN 55419	B K NELSON & D A NELSON	RESIDENTIAL	$395,400	51 ft
5813 OLIVER AVE S MINNEAPOLIS MN 55419	A JOHNSON & M JOHNSON	RESIDENTIAL	$358,000	101 ft
5901 OLIVER AVE S MINNEAPOLIS MN 55419	T HELSETH & C HELSETH	RESIDENTIAL	$407,000	103 ft
5820 NEWTON AVE S MINNEAPOLIS MN 55419	KRISTEN SCHULTZ/STEPHEN OWEN	RESIDENTIAL	$541,100	142 ft
5816 NEWTON AVE S MINNEAPOLIS MN 55419	PETER VERHEY	RESIDENTIAL	$352,000	151 ft
5809 OLIVER AVE S MINNEAPOLIS MN 55419	JOAN I JUNG	RESIDENTIAL	$352,000	151 ft
5905 OLIVER AVE S MINNEAPOLIS MN 55419	KIMBERLY K CARLSON	RESIDENTIAL	$375,000	156 ft
5812 NEWTON AVE S MINNEAPOLIS MN 55419	J PANKOW & H PANKOW	RESIDENTIAL	$403,000	174 ft
5900 NEWTON AVE S MINNEAPOLIS MN 55419	PAUL A DECK & JOYANNE DECK	RESIDENTIAL	$468,200	175 ft
5820 OLIVER AVE S MINNEAPOLIS MN 55419	RONALD G CAMPBELL	RESIDENTIAL	$372,000	187 ft

Property History

Most Recent Sale

Date202108

Price$510,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,886