3645 ALDRICH AVE S MINNEAPOLIS MN 55409

PID: 0402824440103

Property Overview

Parcel ID0402824440103

Lot Size4,999 sq ft (0.115 ac)

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

Year Built1910

Property ClassRESIDENTIAL

OwnerM BINKOWSKI & K BINKOWSKI

Assessed Value$536,800

Land Value$209,000

Building Value$327,800

Annual Tax$8,439

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2021 · $20K total declared value · Most recent: Dec 2024 (res)

ResDec 2024Closed

CenterPoint Energy Resource Corp

AdditionFeb 2024Expired

$5K

CANDLEWOOD CARPENTRY LLC

ResNov 2023Closed

Berg Plumbing and Heating Inc

MiscApr 2021Closed

$15K

RENEWAL BY ANDERSEN CORP

ResMar 2021Closed

Warners Stellian Co Inc

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

Neighborhood Profile

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 55409

Median sale price$379K-21.6% YoY

Median price / sqft$218/sqft

Median days to close56 days

Active listings21

Source: Redfin Data Center (Invalid Date) · Zip 55409

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~2,527 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 2,527 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
3649 ALDRICH AVE S MINNEAPOLIS MN 55409	PETER J HUNTER-HANSON ET AL	RESIDENTIAL-TWO UNIT	$439,400	42 ft
3641 ALDRICH AVE S MINNEAPOLIS MN 55409	ANDREW KRIETER	RESIDENTIAL	$343,400	42 ft
3653 ALDRICH AVE S MINNEAPOLIS MN 55409	JACK C FISCHBACH	RESIDENTIAL	$411,400	84 ft
3637 ALDRICH AVE S MINNEAPOLIS MN 55409	TERRI LYNN BLESSING	RESIDENTIAL	$301,700	84 ft
3633 ALDRICH AVE S MINNEAPOLIS MN 55409	SHANNON ELISE MURPHY	RESIDENTIAL	$442,600	126 ft
3644 LYNDALE AVE S MINNEAPOLIS MN 55409	E R GRAHAM TRUST ET AL	RESIDENTIAL	$699,600	130 ft
3640 LYNDALE AVE S MINNEAPOLIS MN 55409	B K RASMUSSEN & K A ANTHONY	RESIDENTIAL-TWO UNIT	$453,700	137 ft
3648 LYNDALE AVE S MINNEAPOLIS MN 55409	MARY LAU	RESIDENTIAL-TWO UNIT	$623,300	137 ft
3654 LYNDALE AVE S MINNEAPOLIS MN 55409	JOSHUA WEINER/SARAH GOTWALS	CONDOMINIUM	$206,000	155 ft
3652 LYNDALE AVE S MINNEAPOLIS MN 55409	EMILY HUNT	CONDOMINIUM	$206,000	155 ft

Property History

Most Recent Sale

Date201608

Price$469,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,439