3409 ALDRICH AVE S MINNEAPOLIS MN 55408

PID: 0402824410012

Property Overview

Parcel ID0402824410012

Lot Size4,991 sq ft (0.115 ac)

Lot Dimensions (est.)119 ft wide × 42 ft deep

Year Built1902

Property ClassRESIDENTIAL

OwnerJ HOWITT & A LEWANDOWSKI

Assessed Value$398,600

Land Value$178,000

Building Value$220,600

Annual Tax$5,997

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2021 · $8K total declared value · Most recent: Mar 2026 (res)

ResMar 2026Closed

4Front Energy Solutions Inc

RemodelSep 2023Closed

$8K

ALL ENERGY SOLAR INC

ResAug 2022Closed

All Pride Plumbing Inc

ExistresJun 2021Closed

MAJESTIC CUSTOM HEATING & AIR CONDITIONING

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

Neighborhood Profile

South Uptown · Minneapolis

Median reported rent1,188/mo

Renter-occupied69.2%

Median home value$289K

Vacancy rate4.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1092

Market Snapshot

Zip code 55408

Median sale price$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

Source: Redfin Data Center (Invalid Date) · Zip 55408

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 width32 ft

Buildable depth79 ft

Area~2,521 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 2,521 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3415 ALDRICH AVE S MINNEAPOLIS MN 55408	JOHN A MULLANEY	RESIDENTIAL	$433,100	42 ft
3405 ALDRICH AVE S MINNEAPOLIS MN 55408	JOSEPH WALZ	APARTMENT	$653,000	45 ft
3417 ALDRICH AVE S MINNEAPOLIS MN 55408	JOYFUL LIFE LLC	RESIDENTIAL-TWO UNIT	$420,200	84 ft
3401 ALDRICH AVE S MINNEAPOLIS MN 55408	P J SWENSON/E A SWENSON	RESIDENTIAL-TWO UNIT	$362,000	88 ft
709 34TH ST W MINNEAPOLIS MN 55408	CAROLINE GULLY BROWN	RESIDENTIAL	$280,200	107 ft
3421 ALDRICH AVE S MINNEAPOLIS MN 55408	W J KELLEY & H MILLER-KELLEY	RESIDENTIAL	$398,200	126 ft
3408 LYNDALE AVE S MINNEAPOLIS MN 55408	N M WAHL & L R WAHL	RESIDENTIAL	$385,000	130 ft
3412 LYNDALE AVE S MINNEAPOLIS MN 55408	JOHN S KAMPRUD ETAL	RESIDENTIAL	$303,000	137 ft
3416 LYNDALE AVE S MINNEAPOLIS MN 55408	ANDREW L BERRY ET AL	RESIDENTIAL	$311,000	155 ft
3400 LYNDALE AVE S MINNEAPOLIS MN 55408	ACAN PROPERTIES LLC	COMMERCIAL-PREFERRED	$1,170,000	157 ft

Property History

Most Recent Sale

Date202210

Price$408,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,997