4537 ALDRICH AVE S MINNEAPOLIS MN 55419

PID: 0902824440197

Property Overview

Parcel ID0902824440197

Lot Size5,222 sq ft (0.120 ac)

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

Year Built1921

Property ClassRESIDENTIAL

OwnerM H TURMAN & A L TURMAN

Assessed Value$470,000

Land Value$256,000

Building Value$214,000

Annual Tax$7,217

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

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

ResNov 2024Closed

CenterPoint Energy Resource Corp

AdditionSep 2020Closed

$4K

PHI DECKS

ExistresOct 2018Closed

Airic's Heating & Air Conditioning Inc

ResDec 2017Closed

UPTOWN PLUMBING HEATING AND COOLING

ExistresDec 2017Closed

UPTOWN PLUMBING HEATING AND COOLING

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

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 depth84 ft

Area~2,698 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 2,698 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4541 ALDRICH AVE S MINNEAPOLIS MN 55419	ADAM FETCHER & CHRISTINE KIM	RESIDENTIAL	$645,700	42 ft
4533 ALDRICH AVE S MINNEAPOLIS MN 55419	KEVIN MCCLELLAN ET AL	RESIDENTIAL-TWO UNIT	$623,100	42 ft
4545 ALDRICH AVE S MINNEAPOLIS MN 55419	JULIE NIELSEN/JON OLSON	RESIDENTIAL	$531,200	84 ft
4529 ALDRICH AVE S MINNEAPOLIS MN 55419	S MISONO & F LIU REV TRUST	RESIDENTIAL-TWO UNIT	$613,700	84 ft
4549 ALDRICH AVE S MINNEAPOLIS MN 55419	FERIDOON YUSEFZADEH	RESIDENTIAL-TWO UNIT	$625,700	126 ft
4525 ALDRICH AVE S MINNEAPOLIS MN 55419	RESTART INC	RESIDENTIAL-TWO UNIT	$0	126 ft
710 46TH ST W MINNEAPOLIS MN 55419	ANNA HALSTEAD/ZANE HALSTEAD	RESIDENTIAL	$418,600	167 ft
4521 ALDRICH AVE S MINNEAPOLIS MN 55419	FRANK J LOTH & JANE A LOTH	RESIDENTIAL-TWO UNIT	$640,700	168 ft
4553 ALDRICH AVE S MINNEAPOLIS MN 55419	KAY F KING	RESIDENTIAL	$726,000	168 ft
4536 ALDRICH AVE S MINNEAPOLIS MN 55419	SARA R HARRISON	RESIDENTIAL	$356,800	189 ft

Property History

Most Recent Sale

Date201209

Price$299,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,217