4638 ALDRICH AVE N MINNEAPOLIS MN 55412

PID: 1211821340024

Property Overview

Parcel ID1211821340024

Lot Size5,068 sq ft (0.116 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1942

Property ClassRESIDENTIAL

OwnerCHOR YANG

Assessed Value$156,200

Land Value$31,000

Building Value$125,200

Annual Tax$2,193

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

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 55412

Median sale price$225K-2.2% YoY

Median price / sqft$172/sqft

Median days to close31 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55412

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 depth87 ft

Area~2,601 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 2,601 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
4634 ALDRICH AVE N MINNEAPOLIS MN 55412	LINDSAY NOLL	RESIDENTIAL	$335,000	40 ft
4642 ALDRICH AVE N MINNEAPOLIS MN 55412	G A STEELE & B W STRIPE	RESIDENTIAL	$146,800	40 ft
4630 ALDRICH AVE N MINNEAPOLIS MN 55412	T KENIMER & C KENIMER	RESIDENTIAL	$208,700	80 ft
4646 ALDRICH AVE N MINNEAPOLIS MN 55412	CCF3, LLC	RESIDENTIAL	$179,000	90 ft
4626 ALDRICH AVE N MINNEAPOLIS MN 55412	BENJAMIN PORTNOE	RESIDENTIAL	$326,000	120 ft
4639 CAMDEN AVE N MINNEAPOLIS MN 55412	JOHN NARANJO/JOSEPH NARANJO	RESIDENTIAL	$212,000	141 ft
4643 CAMDEN AVE N MINNEAPOLIS MN 55412	MARIA A ATHANASSELIS	RESIDENTIAL	$125,000	146 ft
4652 ALDRICH AVE N MINNEAPOLIS MN 55412	BROADWAY AVENUE LLC	RESIDENTIAL-TWO UNIT	$274,200	150 ft
4633 CAMDEN AVE N MINNEAPOLIS MN 55412	AARON PATRICK HAYS	RESIDENTIAL	$231,600	155 ft
4622 ALDRICH AVE N MINNEAPOLIS MN 55412	ROBERT STEELE/ANDREA STEELE	RESIDENTIAL	$195,600	160 ft

Property History

Most Recent Sale

Date200912

Price$70,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,193