3852 ALDRICH AVE S MINNEAPOLIS MN 55409

PID: 0902824110035

Property Overview

Parcel ID0902824110035

Lot Size3,398 sq ft (0.078 ac)

Lot Dimensions (est.)81 ft wide × 42 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerC SWAIMAN & I SWAIMAN

Assessed Value$371,700

Land Value$168,000

Building Value$203,700

Annual Tax$5,754

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $24K total declared value · Most recent: Mar 2024 (existres)

ExistresMar 2024Closed

ST PAUL PLUMBING AND HEATING CO INC

MiscMay 2022Closed

$12K

Precision Exteriors Restoration LLC

ResApr 2018Closed

CENTERPOINT ENERGY

ExistresSep 2017Closed

STERN HEATING AND COOLING INC

ResAug 2017Closed

Precision Plumbing and Heating Inc

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

Neighborhood Profile

Minneapolis

Median reported rent1,253/mo

Renter-occupied32.9%

Median home value$403K

Vacancy rate4.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1099

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

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 width68 ft

Buildable depth2 ft

Area~1,186 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 sfr / adu benchmarks for 1,186 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3848 ALDRICH AVE S MINNEAPOLIS MN 55409	ELIZABETH KARAN	RESIDENTIAL	$420,300	45 ft
810 39TH ST W MINNEAPOLIS MN 55409	DEIRDRE CULLEN	RESIDENTIAL	$371,500	72 ft
3844 ALDRICH AVE S MINNEAPOLIS MN 55409	BRENT JOHN NORGAARD	RESIDENTIAL	$406,900	88 ft
3900 ALDRICH AVE S MINNEAPOLIS MN 55409	NOAH S KUNIN & C SAINT-CROIX	RESIDENTIAL	$468,000	115 ft
812 39TH ST W MINNEAPOLIS MN 55409	B EFROIMSKIY & D PERESVETOVA	RESIDENTIAL	$401,300	127 ft
3840 ALDRICH AVE S MINNEAPOLIS MN 55409	J ROSSUM & B ROSSUM	RESIDENTIAL	$519,400	129 ft
811 39TH ST W MINNEAPOLIS MN 55409	CARY SPECK & CLAIRE WILLIAMS	RESIDENTIAL	$440,000	142 ft
3853 ALDRICH AVE S MINNEAPOLIS MN 55409	RANDALL S FELDMAN	RESIDENTIAL	$356,500	142 ft
3849 ALDRICH AVE S MINNEAPOLIS MN 55409	NICOLE GAYE MCCRACKEN	RESIDENTIAL	$361,000	148 ft
3836 ALDRICH AVE S MINNEAPOLIS MN 55409	J J BIRK & B R BIRK	RESIDENTIAL	$357,100	170 ft

Property History

Most Recent Sale

Date201902

Price$475,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,754