4549 ALDRICH AVE S MINNEAPOLIS MN 55419

PID: 0902824440194

Property Overview

Parcel ID0902824440194

Lot Size5,221 sq ft (0.120 ac)

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

Year Built1923

Property ClassRESIDENTIAL-TWO UNIT

OwnerFERIDOON YUSEFZADEH

Assessed Value$625,700

Land Value$256,000

Building Value$369,700

Annual Tax$12,023

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

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

ResNov 2024Closed

CenterPoint Energy Resource Corp

MiscJun 2022Closed

$5K

Holmlund Masonry Inc

ResNov 2021Closed

Lake State Plumbing LLC

ExistresMay 2021Closed

McQuillan Bros Plumbing Heating & AC LLC

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 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth84 ft

Area~2,697 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 2,697 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4553 ALDRICH AVE S MINNEAPOLIS MN 55419	KAY F KING	RESIDENTIAL	$726,000	42 ft
4545 ALDRICH AVE S MINNEAPOLIS MN 55419	JULIE NIELSEN/JON OLSON	RESIDENTIAL	$531,200	42 ft
710 46TH ST W MINNEAPOLIS MN 55419	ANNA HALSTEAD/ZANE HALSTEAD	RESIDENTIAL	$418,600	82 ft
4541 ALDRICH AVE S MINNEAPOLIS MN 55419	ADAM FETCHER & CHRISTINE KIM	RESIDENTIAL	$645,700	84 ft
706 46TH ST W MINNEAPOLIS MN 55419	ARIELLE ROSENBERG	RESIDENTIAL	$476,300	122 ft
4537 ALDRICH AVE S MINNEAPOLIS MN 55419	M H TURMAN & A L TURMAN	RESIDENTIAL	$470,000	126 ft
4601 ALDRICH AVE S MINNEAPOLIS MN 55419	STEVEN N SCHULTZ	RESIDENTIAL	$468,600	160 ft
700 46TH ST W MINNEAPOLIS MN 55419	GARY R GUSTAFSON	RESIDENTIAL	$342,600	167 ft
4533 ALDRICH AVE S MINNEAPOLIS MN 55419	KEVIN MCCLELLAN ET AL	RESIDENTIAL-TWO UNIT	$623,100	168 ft
4548 ALDRICH AVE S MINNEAPOLIS MN 55419	T W ABRESCH & S C ABRESCH	RESIDENTIAL	$335,400	189 ft

Property History

Current Tax Year

Year2026

Tax Due$12,023