2205 OLIVER AVE S MINNEAPOLIS MN 55405

PID: 3302924220060

Property Overview

Parcel ID3302924220060

Lot Size6,139 sq ft (0.141 ac)

Lot Dimensions (est.)126 ft wide × 49 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerL M & D T MORAN

Assessed Value$886,200

Land Value$482,000

Building Value$404,200

Annual Tax$15,017

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $43K total declared value · Most recent: Aug 2023 (misc)

MiscAug 2023Closed

$9K

Summit Construction Group

AccessoryOct 2022Closed

$21K

SUSSEL CORP

MiscDec 2020Closed

$11K

SMITH COLE STUCCO AND STONE

MiscOct 2017Closed

$2K

KAUFMAN SHEET METAL ROOFING 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 depth83 ft

Area~3,307 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 3,307 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
2201 OLIVER AVE S MINNEAPOLIS MN 55405	DEBRA K GILROY	RESIDENTIAL	$1,133,100	50 ft
2209 OLIVER AVE S MINNEAPOLIS MN 55405	GRANVILLE P LAWRENCE & WIFE	RESIDENTIAL	$718,500	50 ft
2215 OLIVER AVE S MINNEAPOLIS MN 55405	LIZBETH O BROWN TRUST	RESIDENTIAL	$1,227,800	100 ft
2125 OLIVER AVE S MINNEAPOLIS MN 55405	AT FLIS TRUST/J M FLIS TRUST	RESIDENTIAL	$1,192,900	102 ft
2200 NEWTON AVE S MINNEAPOLIS MN 55405	JOANNE M STRAKOSCH TRUST	RESIDENTIAL	$1,206,500	142 ft
2124 NEWTON AVE S MINNEAPOLIS MN 55405	ANDREW A RZEPKA ET AL	RESIDENTIAL	$939,100	143 ft
2217 OLIVER AVE S MINNEAPOLIS MN 55405	SANDEEP D PATEL ET AL	RESIDENTIAL	$824,800	150 ft
2204 NEWTON AVE S MINNEAPOLIS MN 55405	J QUAM & C LYONS	RESIDENTIAL	$1,000,000	157 ft
2119 OLIVER AVE S MINNEAPOLIS MN 55405	HARRY BROMBERG FUNK TRUST	RESIDENTIAL	$1,145,900	160 ft
2120 NEWTON AVE S MINNEAPOLIS MN 55405	J ENGLES/C ENGELS/L ENGELS	RESIDENTIAL	$1,114,000	161 ft

Property History

Most Recent Sale

Date198602

Price$139,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$15,017