441 OLIVER AVE S MINNEAPOLIS MN 55405

PID: 2802924230102

Property Overview

Parcel ID2802924230102

Lot Size5,892 sq ft (0.135 ac)

Lot Dimensions (est.)127 ft wide × 47 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerJEFFREY MEKLE/LATISHIA ALLEN

Assessed Value$858,000

Land Value$190,000

Building Value$668,000

Annual Tax$14,474

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2005 · $306K total declared value · Most recent: Feb 2026 (existres)

ExistresFeb 2026Closed

Blue Ox Heating and Air LLC

ResDec 2025Closed

Dean's Home Services

ResDec 2025Closed

FIRESIDE HEARTH AND HOME

ExistresMay 2025Closed

The Snelling Co Inc

ExistresSep 2024Closed

Dean's Professional Plumbing 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 depth78 ft

Area~3,095 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 3,095 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
445 OLIVER AVE S MINNEAPOLIS MN 55405	ADAM E KOENIG	RESIDENTIAL	$585,700	48 ft
437 OLIVER AVE S MINNEAPOLIS MN 55405	JULIE A FAUTSCH	RESIDENTIAL	$839,000	49 ft
449 OLIVER AVE S MINNEAPOLIS MN 55405	COLIN CASEY MOORE	RESIDENTIAL	$381,400	88 ft
433 OLIVER AVE S MINNEAPOLIS MN 55405	KIMBERLY M CALLAHANREV TR	RESIDENTIAL	$573,400	97 ft
452 NEWTON AVE S MINNEAPOLIS MN 55405	MARLIN L POSSEHL	RESIDENTIAL	$505,400	116 ft
456 NEWTON AVE S MINNEAPOLIS MN 55405	S & S PUNDT	RESIDENTIAL	$616,000	122 ft
448 NEWTON AVE S MINNEAPOLIS MN 55405	B D HORRAS & E A HELGERSON	RESIDENTIAL	$476,700	137 ft
453 OLIVER AVE S MINNEAPOLIS MN 55405	R L BROWN JR & N E SLOCUM	RESIDENTIAL	$598,000	142 ft
429 OLIVER AVE S MINNEAPOLIS MN 55405	E M STREICH & C A STREICH	RESIDENTIAL	$589,500	146 ft
464 NEWTON AVE S MINNEAPOLIS MN 55405	D M GILSDORF & R A GILSDORF	RESIDENTIAL	$587,800	161 ft

Property History

Most Recent Sale

Date202402

Price$1,000,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$14,474