5964 OLIVER AVE S MINNEAPOLIS MN 55419

PID: 2102824320102

Property Overview

Parcel ID2102824320102

Lot Size6,409 sq ft (0.147 ac)

Lot Dimensions (est.)126 ft wide × 51 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerA L TAYLOR & R MARIE TAYLOR

Assessed Value$478,200

Land Value$170,000

Building Value$308,200

Annual Tax$7,648

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2022 · Most recent: Jan 2026 (existres)

ExistresJan 2026Closed

Standard Heating and Air Conditioning Inc

ResFeb 2024Closed

CenterPoint Energy Resource Corp

ResNov 2022Closed

Hero Home Services LLC

ExistresJul 2022Closed

CENTERPOINT ENERGY

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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 width113 ft

Buildable depth11 ft

Area~3,257 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 3,257 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5960 OLIVER AVE S MINNEAPOLIS MN 55419	M L REGULUS REV TRUST	RESIDENTIAL	$364,000	50 ft
5956 OLIVER AVE S MINNEAPOLIS MN 55419	JAMES O HOIUM	RESIDENTIAL	$320,000	100 ft
6000 OLIVER AVE S MINNEAPOLIS MN 55419	SHERRY L SHEAHAN	RESIDENTIAL	$441,500	135 ft
5965 PENN AVE S MINNEAPOLIS MN 55419	PAM CASH	COMMERCIAL-PREFERRED	$731,000	142 ft
5952 OLIVER AVE S MINNEAPOLIS MN 55419	LARAN E BRANDT	RESIDENTIAL	$483,100	151 ft
5957 PENN AVE S MINNEAPOLIS MN 55419	59TH PENN LLC	COMMERCIAL-PREFERRED	$508,000	169 ft
2124 60TH ST W MINNEAPOLIS MN 55419	BETH L REED ET AL SUBJ/L E	RESIDENTIAL	$464,000	187 ft
6006 OLIVER AVE S MINNEAPOLIS MN 55419	C L & K M PALMGREN	RESIDENTIAL	$430,000	190 ft
5948 OLIVER AVE S MINNEAPOLIS MN 55419	M MARTINEZ & LUIS R MARTINEZ	RESIDENTIAL	$461,300	201 ft
6001 PENN AVE S MINNEAPOLIS MN 55419	KURT K BOHNEN 2005 REC TRUST	COMMERCIAL-PREFERRED	$565,000	202 ft

Property History

Most Recent Sale

Date201602

Price$292,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,648