445 OLIVER AVE S MINNEAPOLIS MN 55405

PID: 2802924230101

Property Overview

Parcel ID2802924230101

Lot Size4,722 sq ft (0.108 ac)

Lot Dimensions (est.)112 ft wide × 42 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerADAM E KOENIG

Assessed Value$585,700

Land Value$170,000

Building Value$415,700

Annual Tax$9,325

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2021 · $56K total declared value · Most recent: Jan 2026 (res)

ResJan 2026Inspection

ACS Logistics Holdings LLC

ResDec 2024Closed

CenterPoint Energy Resource Corp

MiscAug 2024Expired

$39K

THE HOME DEPOT

ResSep 2022Closed

Bartylla Plumbing and Heating Inc

RemodelAug 2022Closed

$17K

JUSTKYLE INC

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

Neighborhood Profile

Bryn - Mawr · Minneapolis

Median reported rent1,697/mo

Renter-occupied14.8%

Median home value$467K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1051

Market Snapshot

Zip code 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

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 width40 ft

Buildable depth54 ft

Area~2,216 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 2,216 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
449 OLIVER AVE S MINNEAPOLIS MN 55405	COLIN CASEY MOORE	RESIDENTIAL	$381,400	41 ft
441 OLIVER AVE S MINNEAPOLIS MN 55405	JEFFREY MEKLE/LATISHIA ALLEN	RESIDENTIAL	$858,000	48 ft
453 OLIVER AVE S MINNEAPOLIS MN 55405	R L BROWN JR & N E SLOCUM	RESIDENTIAL	$598,000	95 ft
437 OLIVER AVE S MINNEAPOLIS MN 55405	JULIE A FAUTSCH	RESIDENTIAL	$839,000	96 ft
456 NEWTON AVE S MINNEAPOLIS MN 55405	S & S PUNDT	RESIDENTIAL	$616,000	99 ft
452 NEWTON AVE S MINNEAPOLIS MN 55405	MARLIN L POSSEHL	RESIDENTIAL	$505,400	118 ft
464 NEWTON AVE S MINNEAPOLIS MN 55405	D M GILSDORF & R A GILSDORF	RESIDENTIAL	$587,800	120 ft
433 OLIVER AVE S MINNEAPOLIS MN 55405	KIMBERLY M CALLAHANREV TR	RESIDENTIAL	$573,400	144 ft
448 NEWTON AVE S MINNEAPOLIS MN 55405	B D HORRAS & E A HELGERSON	RESIDENTIAL	$476,700	153 ft
444 OLIVER AVE S MINNEAPOLIS MN 55405	ALEXANDER CHOV/ALISON RICH	RESIDENTIAL	$697,800	169 ft

Property History

Most Recent Sale

Date202009

Price$547,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,325