4932 ALDRICH AVE N MINNEAPOLIS MN 55430

PID: 1211821240073

Property Overview

Parcel ID1211821240073

Lot Size6,421 sq ft (0.147 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1951

Property ClassRESIDENTIAL

OwnerBRYAN VARGAS LEANA

Assessed Value$243,400

Land Value$46,000

Building Value$197,400

Annual Tax$3,423

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

8 permits on record since 2017 · $17K total declared value · Most recent: Feb 2025 (existres)

ExistresFeb 2025Closed

Bryan Vargas Leana

ResDec 2024Closed

Bryan Vargas Leana

RemodelNov 2024Closed

$15K

Bryan Vargas Leana

RemodelNov 2023Closed

$2K

Doston Holdings LLC

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

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 depth88 ft

Area~3,534 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 3,534 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4928 ALDRICH AVE N MINNEAPOLIS MN 55430	LEE STEINHAUER	RESIDENTIAL	$226,600	50 ft
4936 ALDRICH AVE N MINNEAPOLIS MN 55430	SAUL BECERRA CASTELLON	RESIDENTIAL	$201,100	50 ft
4924 ALDRICH AVE N MINNEAPOLIS MN 55430	R L MCLAUGHLIN & M L GOOCH	RESIDENTIAL	$241,000	100 ft
4940 ALDRICH AVE N MINNEAPOLIS MN 55430	RICKY A MCALLISTER	RESIDENTIAL	$237,100	100 ft
4933 CAMDEN AVE N MINNEAPOLIS MN 55430	KEVIN D THOMAS	RESIDENTIAL	$221,400	142 ft
4937 CAMDEN AVE N MINNEAPOLIS MN 55430	NATASHA WILSON	RESIDENTIAL	$223,400	148 ft
4944 ALDRICH AVE N MINNEAPOLIS MN 55430	PATTI JO MATHIEU	RESIDENTIAL	$256,700	148 ft
4920 ALDRICH AVE N MINNEAPOLIS MN 55430	VICTORIA Z WEHYEE	RESIDENTIAL	$242,400	150 ft
4929 CAMDEN AVE N MINNEAPOLIS MN 55430	J W RORVICK & C K DELAROCA	RESIDENTIAL	$268,500	153 ft
4941 CAMDEN AVE N MINNEAPOLIS MN 55430	CAMERON DEION SANDERS	RESIDENTIAL	$220,500	170 ft

Property History

Most Recent Sale

Date202309

Price$256,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,423