1738 OLIVER AVE S MINNEAPOLIS MN 55405

PID: 2802924330024

Property Overview

Parcel ID2802924330024

Lot Size12,132 sq ft (0.279 ac)

Lot Dimensions (est.)176 ft wide × 69 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerD M & R M LEBEDOFF

Assessed Value$916,000

Land Value$635,000

Building Value$281,000

Annual Tax$15,580

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2003 · $89K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$14K

TRUE BLUE CONSTRUCTION SERVICES LLC

ExistresNov 2018Closed

UPTOWN PLUMBING HEATING AND COOLING

Building Re-inspectionOct 2003

$75K

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width163 ft

Buildable depth29 ft

Area~7,591 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 7,591 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1800 OLIVER AVE S MINNEAPOLIS MN 55405	ROBERT W BRAS/JULIE MATONICH	RESIDENTIAL	$1,931,800	88 ft
2148 SUMMIT AVE MINNEAPOLIS MN 55405	JOSEPH C LIN & MELODY Y NG	RESIDENTIAL	$753,600	121 ft
1736 OLIVER AVE S MINNEAPOLIS MN 55405	H HAAKENSON & P HAAKENSON	RESIDENTIAL	$1,024,700	126 ft
1901 PENN AVE S MINNEAPOLIS MN 55405	M THOMPSON & P FLEMING	RESIDENTIAL	$1,104,900	180 ft
1905 PENN AVE S MINNEAPOLIS MN 55405	D MACPHERSON & M KEMP	RESIDENTIAL	$1,097,300	182 ft
1804 OLIVER AVE S MINNEAPOLIS MN 55405	OLIVER AVENUE LLC	RESIDENTIAL	$1,623,500	184 ft
1909 PENN AVE S MINNEAPOLIS MN 55405	M K FEELY & R J FEELY	RESIDENTIAL	$859,000	200 ft
1835 KENWOOD PKWY MINNEAPOLIS MN 55405	LALEETA BILBRO	RESIDENTIAL-TWO UNIT	$831,300	208 ft
1726 OLIVER AVE S MINNEAPOLIS MN 55405	T A MEYER & M MEYER-VON BLON	RESIDENTIAL	$1,374,300	210 ft
1839 KENWOOD PKWY MINNEAPOLIS MN 55405	T MCVAY & C B MCVAY	RESIDENTIAL	$1,267,700	219 ft

Property History

Current Tax Year

Year2026

Tax Due$15,580