4345 ALDRICH AVE S MINNEAPOLIS MN 55409

PID: 0902824410198

Property Overview

Parcel ID0902824410198

Lot Size5,224 sq ft (0.120 ac)

Lot Dimensions (est.)124 ft wide × 42 ft deep

Year Built1925

Property ClassRESIDENTIAL-TWO UNIT

OwnerSTEVEN J BACKES

Assessed Value$659,700

Land Value$256,000

Building Value$403,700

Annual Tax$10,731

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $18K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

ResJan 2019Closed

Warners Stellian Co Inc

ExistresOct 2017Closed

Aaztec Heating and Air Conditioning Inc

AdditionJun 2017Closed

$18K

SCHEFTEL CONSTRUCTION INC

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

Neighborhood Profile

East Harriet · Minneapolis

Median reported rent1,676/mo

Renter-occupied16.2%

Median home value$633K

Vacancy rate4.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 107

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth84 ft

Area~2,699 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 2,699 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
4349 ALDRICH AVE S MINNEAPOLIS MN 55409	K A GAULRAPP & M S LEGLER	RESIDENTIAL-TWO UNIT	$812,100	42 ft
4341 ALDRICH AVE S MINNEAPOLIS MN 55409	PETER W MITCHELL ET AL	RESIDENTIAL-TWO UNIT	$651,100	42 ft
4353 ALDRICH AVE S MINNEAPOLIS MN 55409	BENJAMIN D PAGE ET AL	RESIDENTIAL-TWO UNIT	$639,800	84 ft
4337 ALDRICH AVE S MINNEAPOLIS MN 55409	ALDRICH ENTERPRISES INC	RESIDENTIAL-TWO UNIT	$649,100	84 ft
4344 LYNDALE AVE S MINNEAPOLIS MN 55409	K E BETHKE ET AL TRUSTEES	RESIDENTIAL	$470,600	124 ft
4333 ALDRICH AVE S MINNEAPOLIS MN 55409	J HAMILTON & N WHITE	RESIDENTIAL-TWO UNIT	$746,300	126 ft
4340 LYNDALE AVE S MINNEAPOLIS MN 55409	STACEY P SLAUGHTER REVOC TR	RESIDENTIAL	$507,200	131 ft
4348 LYNDALE AVE S MINNEAPOLIS MN 55409	JANE A BLACKWELL LIV TRUST	RESIDENTIAL	$643,000	131 ft
4336 LYNDALE AVE S MINNEAPOLIS MN 55409	J CRABTREE & K CRABTREE	RESIDENTIAL	$386,200	150 ft
4354 LYNDALE AVE S MINNEAPOLIS MN 55409	M B GOSSMAN & T LINDERHOLM	RESIDENTIAL	$432,000	150 ft

Property History

Most Recent Sale

Date198907

Price$152,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$10,731