4723 ALDRICH AVE N MINNEAPOLIS MN 55430

PID: 1211821310040

Property Overview

Parcel ID1211821310040

Lot Size5,158 sq ft (0.118 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerKETRA MARAE GEORGE

Assessed Value$119,900

Land Value$37,000

Building Value$82,900

Annual Tax$1,353

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

1 permit on record since 2023 · Most recent: Nov 2023 (existres)

ExistresNov 2023Expired

Home Energy Center Inc

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 width30 ft

Buildable depth89 ft

Area~2,668 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 2,668 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4727 ALDRICH AVE N MINNEAPOLIS MN 55430	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	40 ft
4719 ALDRICH AVE N MINNEAPOLIS MN 55430	ANGELIA MUSTAPHA	RESIDENTIAL	$237,200	40 ft
4731 ALDRICH AVE N MINNEAPOLIS MN 55430	FELICIA HERZOG	RESIDENTIAL	$235,700	80 ft
4715 ALDRICH AVE N MINNEAPOLIS MN 55430	SHONE SCOTT	RESIDENTIAL	$148,300	80 ft
4735 ALDRICH AVE N MINNEAPOLIS MN 55430	DAVID S VELEZ & IMELDA RIERA	RESIDENTIAL	$235,300	120 ft
4711 ALDRICH AVE N MINNEAPOLIS MN 55430	BELDEN RIVER PROPERTIES LLC	RESIDENTIAL	$185,100	120 ft
4722 BRYANT AVE N MINNEAPOLIS MN 55430	J A BENAVIDEZ & C BENAVIDEZ	RESIDENTIAL	$116,000	143 ft
4718 BRYANT AVE N MINNEAPOLIS MN 55430	JAVON A CLEVELAND	RESIDENTIAL	$224,000	148 ft
4726 BRYANT AVE N MINNEAPOLIS MN 55430	1321 7TH ST LLC	RESIDENTIAL	$231,000	148 ft
4739 ALDRICH AVE N MINNEAPOLIS MN 55430	TAMMY J EFFERTZ	RESIDENTIAL	$216,500	160 ft

Property History

Most Recent Sale

Date202410

Price$170,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,353