4128 ALDRICH AVE S MINNEAPOLIS MN 55409

PID: 0902824140174

Property Overview

Parcel ID0902824140174

Lot Size5,643 sq ft (0.130 ac)

Lot Dimensions (est.)134 ft wide × 42 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerKRISTEN P MARK

Assessed Value$500,100

Land Value$241,000

Building Value$259,100

Annual Tax$7,691

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2020 · $77K total declared value · Most recent: Feb 2024 (misc)

MiscFeb 2024Closed

$6K

AFFORDABLE EGRESS WINDOWS & BASEMENT WATERPROOFI

ExistresJan 2024Closed

Innovative Mechanical LLC

RemodelDec 2023Closed

$56K

Red Fox Remodeling LLC

ResDec 2023Closed

Elias Plumbing LLC

MiscApr 2022Closed

$15K

SCHERER BROTHERS LUMBER CO

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

Neighborhood Profile

East Harriet · 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth94 ft

Area~3,019 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 3,019 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
4124 ALDRICH AVE S MINNEAPOLIS MN 55409	DENNIS H MARQUARDT	RESIDENTIAL-TWO UNIT	$623,500	42 ft
4132 ALDRICH AVE S MINNEAPOLIS MN 55409	THERESE STERLING-LITTLE	RESIDENTIAL	$513,000	42 ft
4120 ALDRICH AVE S MINNEAPOLIS MN 55409	MOLLY J COYNE	RESIDENTIAL	$496,700	84 ft
4136 ALDRICH AVE S MINNEAPOLIS MN 55409	THOMAS G FLETCHER JR	RESIDENTIAL-TWO UNIT	$601,800	84 ft
4116 ALDRICH AVE S MINNEAPOLIS MN 55409	J GRITTNER & J GRITTNER	RESIDENTIAL	$537,000	126 ft
4140 ALDRICH AVE S MINNEAPOLIS MN 55409	TYLER NORGREN	RESIDENTIAL	$493,000	126 ft
4129 BRYANT AVE S MINNEAPOLIS MN 55409	L V HOFF & E ORTEGA	RESIDENTIAL	$497,300	134 ft
4133 BRYANT AVE S MINNEAPOLIS MN 55409	SUEANN CORDAHL	RESIDENTIAL	$371,700	140 ft
4125 BRYANT AVE S MINNEAPOLIS MN 55409	J G SCHANEN & V R SCHANEN	RESIDENTIAL	$389,900	141 ft
4121 BRYANT AVE S MINNEAPOLIS MN 55409	JEREMY PAULSON/ASHLIE HANSEN	RESIDENTIAL	$376,600	158 ft

Property History

Most Recent Sale

Date202009

Price$415,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,691