6006 OLIVER AVE S MINNEAPOLIS MN 55419

PID: 2102824330075

Property Overview

Parcel ID2102824330075

Lot Size6,648 sq ft (0.153 ac)

Lot Dimensions (est.)125 ft wide × 53 ft deep

Year Built1958

Property ClassRESIDENTIAL

OwnerC L & K M PALMGREN

Assessed Value$430,000

Land Value$181,000

Building Value$249,000

Annual Tax$6,522

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $50K total declared value · Most recent: Aug 2024 (misc)

MiscAug 2024Closed

$39K

SELA ROOFING AND REMODELING INC

MiscNov 2023Closed

$4K

BUILDERS AND REMODELERS INC

ExistresDec 2022Closed

BOYS MECHANICAL INC

MiscJul 2019Closed

$6K

BAYPORT ROOFING AND SIDING LLC

RemodelDec 2018Closed

$2K

EGRESS BY ERICSON 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

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 width43 ft

Buildable depth85 ft

Area~3,672 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 3,672 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
6010 OLIVER AVE S MINNEAPOLIS MN 55419	J A MASTROIANNA & V L HARB	RESIDENTIAL	$481,000	53 ft
6000 OLIVER AVE S MINNEAPOLIS MN 55419	SHERRY L SHEAHAN	RESIDENTIAL	$441,500	55 ft
6014 OLIVER AVE S MINNEAPOLIS MN 55419	L M FERGUSON REV TRUST	RESIDENTIAL	$452,000	106 ft
6009 PENN AVE S MINNEAPOLIS MN 55419	PM PROPERTY CO LLC	COMMERCIAL-PREFERRED	$1,010,000	143 ft
6001 PENN AVE S MINNEAPOLIS MN 55419	KURT K BOHNEN 2005 REC TRUST	COMMERCIAL-PREFERRED	$565,000	144 ft
6018 OLIVER AVE S MINNEAPOLIS MN 55419	L E NORTHFELT ETAL	RESIDENTIAL	$381,000	159 ft
6013 PENN AVE S MINNEAPOLIS MN 55419	DERRICK JASON HORTON	RESIDENTIAL-TWO UNIT	$428,400	163 ft
6005 OLIVER AVE S MINNEAPOLIS MN 55419	S J NELSON & P T SMITH	RESIDENTIAL	$411,600	178 ft
6009 OLIVER AVE S MINNEAPOLIS MN 55419	SUSAN M ZIESCHE	RESIDENTIAL	$462,000	183 ft
6001 OLIVER AVE S MINNEAPOLIS MN 55419	M D BORTINGER & M P BELLES	RESIDENTIAL	$517,700	188 ft

Property History

Most Recent Sale

Date199806

Price$148,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,522