1722 OLIVER AVE S MINNEAPOLIS MN 55405

PID: 2802924330020

Property Overview

Parcel ID2802924330020

Lot Size6,543 sq ft (0.150 ac)

Lot Dimensions (est.)123 ft wide × 53 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerDANIEL E PENNIE REV TR ET AL

Assessed Value$1,012,000

Land Value$490,000

Building Value$522,000

Annual Tax$17,396

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2013 · $148K total declared value · Most recent: May 2018 (misc)

MiscMay 2018Closed

$57K

MCPHILLIPS BROTHERS ROOFING CO

ResDec 2017Closed

CENTERPOINT ENERGY

Building Re-inspectionNov 2013

$91K

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 width50 ft

Buildable depth69 ft

Area~3,205 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 3,205 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1718 OLIVER AVE S MINNEAPOLIS MN 55405	KAITLIN B SIDOTI TRUST	RESIDENTIAL	$1,596,100	75 ft
1726 OLIVER AVE S MINNEAPOLIS MN 55405	T A MEYER & M MEYER-VON BLON	RESIDENTIAL	$1,374,300	92 ft
1819 KENWOOD PKWY MINNEAPOLIS MN 55405	ELIZABETH BRAMA ET AL	RESIDENTIAL	$1,349,000	124 ft
1823 KENWOOD PKWY MINNEAPOLIS MN 55405	R FISHER & P M HOOLIHAN	RESIDENTIAL	$522,700	131 ft
1704 OLIVER AVE S MINNEAPOLIS MN 55405	CAROL HARRIS LIPSCHULTZ	RESIDENTIAL	$896,600	163 ft
1827 KENWOOD PKWY MINNEAPOLIS MN 55405	FORREST D NOWLIN TRUST	RESIDENTIAL-TWO UNIT	$919,700	167 ft
1811 KENWOOD PKWY MINNEAPOLIS MN 55405	R SALIDO & C F TOLMASKY	RESIDENTIAL	$700,700	168 ft
1736 OLIVER AVE S MINNEAPOLIS MN 55405	H HAAKENSON & P HAAKENSON	RESIDENTIAL	$1,024,700	179 ft
1805 KENWOOD PKWY MINNEAPOLIS MN 55405	SARAH SHEFFIELD WEST	RESIDENTIAL-TWO UNIT	$739,300	200 ft
2148 SUMMIT AVE MINNEAPOLIS MN 55405	JOSEPH C LIN & MELODY Y NG	RESIDENTIAL	$753,600	204 ft

Property History

Most Recent Sale

Date201308

Price$895,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$17,396