5005 ALDRICH AVE N MINNEAPOLIS MN 55430

PID: 1211821240021

Property Overview

Parcel ID1211821240021

Lot Size6,479 sq ft (0.149 ac)

Lot Dimensions (est.)130 ft wide × 50 ft deep

Year Built1951

Property ClassRESIDENTIAL

OwnerMAGGIE H CHAMBERS

Assessed Value$226,800

Land Value$47,000

Building Value$179,800

Annual Tax$3,145

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 2023 · Most recent: Apr 2026 (res)

ResApr 2026Closed

Urban Pine Plumbing and Mechanical Inc

ResOct 2023Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

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 depth90 ft

Area~3,581 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 3,581 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5009 ALDRICH AVE N MINNEAPOLIS MN 55430	RICHARD J GEEN JR	RESIDENTIAL	$227,300	50 ft
5001 ALDRICH AVE N MINNEAPOLIS MN 55430	S TIMMONS & M JACKSON	RESIDENTIAL	$211,200	50 ft
5013 ALDRICH AVE N MINNEAPOLIS MN 55430	DWAYNE MEIER	RESIDENTIAL	$181,200	100 ft
5004 BRYANT AVE N MINNEAPOLIS MN 55430	T J & T L DENNIS	RESIDENTIAL	$245,200	143 ft
5017 ALDRICH AVE N MINNEAPOLIS MN 55430	MICHAEL R FREDRICHS	RESIDENTIAL	$180,500	150 ft
5000 BRYANT AVE N MINNEAPOLIS MN 55430	R J JANTZ JR & C BANTZ	RESIDENTIAL	$227,000	151 ft
5008 BRYANT AVE N MINNEAPOLIS MN 55430	ELI ZACHARY MCEWAN ET AL	RESIDENTIAL	$264,600	152 ft
4945 ALDRICH AVE N MINNEAPOLIS MN 55430	N D N CORREA/L M C SANCHEZ	RESIDENTIAL	$243,200	158 ft
5012 BRYANT AVE N MINNEAPOLIS MN 55430	MELODIE GARCIA	RESIDENTIAL	$244,300	175 ft
5004 ALDRICH AVE N MINNEAPOLIS MN 55430	Z FONDREN/B OTERO	RESIDENTIAL	$239,000	188 ft

Property History

Most Recent Sale

Date201405

Price$120,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,145