4533 ALDRICH AVE S MINNEAPOLIS MN 55419

PID: 0902824440198

Property Overview

Parcel ID0902824440198

Lot Size5,222 sq ft (0.120 ac)

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

Year Built1921

Property ClassRESIDENTIAL-TWO UNIT

OwnerKEVIN MCCLELLAN ET AL

Assessed Value$623,100

Land Value$256,000

Building Value$367,100

Annual Tax$11,834

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

ExistresOct 2018Closed

Centraire Heating & Air Conditioning LLC

ExistresOct 2018Closed

Centraire Heating & Air Conditioning LLC

ExistresOct 2018Closed

Centraire Heating & Air Conditioning 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

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%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4537 ALDRICH AVE S MINNEAPOLIS MN 55419	M H TURMAN & A L TURMAN	RESIDENTIAL	$470,000	42 ft
4529 ALDRICH AVE S MINNEAPOLIS MN 55419	S MISONO & F LIU REV TRUST	RESIDENTIAL-TWO UNIT	$613,700	42 ft
4541 ALDRICH AVE S MINNEAPOLIS MN 55419	ADAM FETCHER & CHRISTINE KIM	RESIDENTIAL	$645,700	84 ft
4525 ALDRICH AVE S MINNEAPOLIS MN 55419	RESTART INC	RESIDENTIAL-TWO UNIT	$0	84 ft
4521 ALDRICH AVE S MINNEAPOLIS MN 55419	FRANK J LOTH & JANE A LOTH	RESIDENTIAL-TWO UNIT	$640,700	126 ft
4545 ALDRICH AVE S MINNEAPOLIS MN 55419	JULIE NIELSEN/JON OLSON	RESIDENTIAL	$531,200	126 ft
4530 LYNDALE AVE S MINNEAPOLIS MN 55419	STONEBRIDGE BUILDING COMPANY	LAND-COMMERCIAL	$150,000	164 ft
4517 ALDRICH AVE S MINNEAPOLIS MN 55419	JOSEPH A BERNARD	RESIDENTIAL-TWO UNIT	$760,100	168 ft
4549 ALDRICH AVE S MINNEAPOLIS MN 55419	FERIDOON YUSEFZADEH	RESIDENTIAL-TWO UNIT	$625,700	168 ft
4532 ALDRICH AVE S MINNEAPOLIS MN 55419	E E BURNS & K J PALAZZOLO	RESIDENTIAL	$486,600	189 ft

Property History

Most Recent Sale

Date202509

Price$290,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$11,834