2112 OLIVER AVE S MINNEAPOLIS MN 55405

PID: 3302924220023

Property Overview

Parcel ID3302924220023

Lot Size6,500 sq ft (0.149 ac)

Lot Dimensions (est.)130 ft wide × 50 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerSARAH L BREW

Assessed Value$973,900

Land Value$489,000

Building Value$484,900

Annual Tax$16,676

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2020 · $310K total declared value · Most recent: Jan 2024 (misc)

MiscJan 2024Closed

$32K

LES JONES ROOFING INC

ExistresAug 2021Closed

Cities 1 Plumbing and Heating Inc

MiscAug 2021Cancelled

$18K

LES JONES ROOFING INC

ExistresApr 2021Closed

Cities 1 Plumbing and Heating Inc

ResMar 2021Closed

Cities 1 Plumbing and Heating Inc

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 width40 ft

Buildable depth90 ft

Area~3,598 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 3,598 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2108 OLIVER AVE S MINNEAPOLIS MN 55405	E P FROST & N A FROST	RESIDENTIAL	$1,124,800	50 ft
2116 OLIVER AVE S MINNEAPOLIS MN 55405	K A KUTSCHEID/S B KUTSCHEID	RESIDENTIAL	$824,300	50 ft
2104 OLIVER AVE S MINNEAPOLIS MN 55405	MARK H JOHNSON REV TR ET AL	RESIDENTIAL	$810,400	100 ft
2120 OLIVER AVE S MINNEAPOLIS MN 55405	P B SCAL & R A HORNSTEIN	RESIDENTIAL	$1,058,200	100 ft
2113 PENN AVE S MINNEAPOLIS MN 55405	K D KENNEDY & S J KENNEDY	TRIPLEX	$741,000	144 ft
2100 OLIVER AVE S MINNEAPOLIS MN 55405	LESTER M KEPHART ETAL	RESIDENTIAL	$575,000	150 ft
2200 OLIVER AVE S MINNEAPOLIS MN 55405	A THOMSON & J M GEE	RESIDENTIAL	$873,900	150 ft
2119 PENN AVE S MINNEAPOLIS MN 55405	ROBERT P ENGLUND	RESIDENTIAL-TWO UNIT	$723,400	152 ft
2107 PENN AVE S MINNEAPOLIS MN 55405	KENWOOD PLACE PROPERTIES	COMMERCIAL-PREFERRED	$1,018,500	161 ft
2113 OLIVER AVE S MINNEAPOLIS MN 55405	JOHN MARK BULGERIN ET AL	RESIDENTIAL	$553,600	172 ft

Property History

Most Recent Sale

Date199710

Price$275,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$16,676