5214 ALDRICH AVE N MINNEAPOLIS MN 55430

PID: 1211821210056

Property Overview

Parcel ID1211821210056

Lot Size6,135 sq ft (0.141 ac)

Lot Dimensions (est.)124 ft wide × 49 ft deep

Year Built1951

Property ClassRESIDENTIAL

OwnerSHAWN JOCHUM

Assessed Value$243,100

Land Value$46,000

Building Value$197,100

Annual Tax$3,417

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2018 · Most recent: Oct 2023 (res)

ResOct 2023Closed

CenterPoint Energy Resource Corp

ExistresMar 2018Closed

ASSURED COMFORT HTG AND AIR COND LLC

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

Neighborhood Profile

Lind - Bohanon · Minneapolis

Median reported rent1,200/mo

Renter-occupied30.7%

Median home value$219K

Vacancy rate6.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1.02

Market Snapshot

Zip code 55430

Median sale price$285K+3.3% YoY

Median price / sqft$175/sqft

Median days to close36 days

Active listings37

Source: Redfin Data Center (Invalid Date) · Zip 55430

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 width40 ft

Buildable depth83 ft

Area~3,314 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 3,314 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5208 ALDRICH AVE N MINNEAPOLIS MN 55430	NICHOLAS MINH LUAN LE	RESIDENTIAL	$234,700	50 ft
5218 ALDRICH AVE N MINNEAPOLIS MN 55430	CLARICE KEYS	RESIDENTIAL	$231,800	50 ft
5222 ALDRICH AVE N MINNEAPOLIS MN 55430	LAVONNE LEIH	RESIDENTIAL	$287,000	99 ft
5200 ALDRICH AVE N MINNEAPOLIS MN 55430	MORIAH YOUNG & ZACHARY SMITH	RESIDENTIAL	$255,500	100 ft
5211 CAMDEN AVE N MINNEAPOLIS MN 55430	YESICA RUIZ FRANCO	RESIDENTIAL	$151,400	144 ft
5215 CAMDEN AVE N MINNEAPOLIS MN 55430	S K & W R BARIBEAU	RESIDENTIAL	$229,600	145 ft
5226 ALDRICH AVE N MINNEAPOLIS MN 55430	EDWARD L SANDERS III	RESIDENTIAL	$221,100	148 ft
5207 CAMDEN AVE N MINNEAPOLIS MN 55430	JUAN G PACHECO ORTIZ	RESIDENTIAL	$231,800	152 ft
5217 CAMDEN AVE N MINNEAPOLIS MN 55430	EUGENE HARRIS	RESIDENTIAL	$131,100	154 ft
5221 CAMDEN AVE N MINNEAPOLIS MN 55430	DANIEL W PRACHAR	RESIDENTIAL	$222,800	173 ft

Property History

Most Recent Sale

Date201805

Price$195,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,417