1814 OLIVER AVE S MINNEAPOLIS MN 55405

PID: 2802924330003

Property Overview

Parcel ID2802924330003

Lot Size13,854 sq ft (0.318 ac)

Lot Dimensions (est.)159 ft wide × 87 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerELLEN DAYTON GRACE

Assessed Value$1,629,500

Land Value$668,000

Building Value$961,500

Annual Tax$29,078

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2008 · $682K total declared value · Most recent: Nov 2024 (misc)

MiscNov 2024Closed

$32K

ALLSTAR CONSTRUCTION COMMERCIAL LLC

ExistresJan 2022Closed

Select Mechanical Services Inc

ResOct 2021Closed

WOODLAND STOVES & FIREPLACES

ResDec 2017Closed

CENTERPOINT ENERGY

Building Re-inspectionFeb 2008

$650K

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

Neighborhood Profile

Kenwood · Minneapolis

Median reported rent1,749/mo

Renter-occupied47.2%

Median home value$827K

Vacancy rate7.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1065

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 width79 ft

Buildable depth116 ft

Area~9,080 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 9,080 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1818 OLIVER AVE S MINNEAPOLIS MN 55405	DOUGLAS P YOUNG	RESIDENTIAL-TWO UNIT	$1,017,200	72 ft
1804 OLIVER AVE S MINNEAPOLIS MN 55405	OLIVER AVENUE LLC	RESIDENTIAL	$1,623,500	86 ft
1824 OLIVER AVE S MINNEAPOLIS MN 55405	G HOLM & M-L BLAIS-HOLM	RESIDENTIAL	$913,700	128 ft
1925 PENN AVE S MINNEAPOLIS MN 55405	R EVERETT & LAURIE EVERETT	RESIDENTIAL	$2,038,000	163 ft
1800 OLIVER AVE S MINNEAPOLIS MN 55405	ROBERT W BRAS/JULIE MATONICH	RESIDENTIAL	$1,931,800	182 ft
1917 PENN AVE S MINNEAPOLIS MN 55405	MARY JEAN MCGREGOR TRUSTEE	RESIDENTIAL	$629,600	182 ft
1902 OLIVER AVE S MINNEAPOLIS MN 55405	LISA KANE	RESIDENTIAL	$666,300	192 ft
1935 PENN AVE S MINNEAPOLIS MN 55405	ASHISH MISHRA/KRISTIN MISHRA	RESIDENTIAL	$1,371,900	195 ft
1913 PENN AVE S MINNEAPOLIS MN 55405	R P CHRISTENSEN ET AL TRS	RESIDENTIAL	$527,000	208 ft
1909 PENN AVE S MINNEAPOLIS MN 55405	M K FEELY & R J FEELY	RESIDENTIAL	$859,000	242 ft

Property History

Most Recent Sale

Date200712

Price$1,385,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$29,078