4647 ALDRICH AVE N MINNEAPOLIS MN 55412

PID: 1211821340033

Property Overview

Parcel ID1211821340033

Lot Size7,694 sq ft (0.177 ac)

Lot Dimensions (est.)129 ft wide × 60 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerADS LLC

Assessed Value$183,600

Land Value$37,000

Building Value$146,600

Annual Tax$3,192

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 2018 · Most recent: Aug 2018 (res)

ResAug 2018Closed

Majestic Plumbing 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 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 width50 ft

Buildable depth88 ft

Area~4,412 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 4,412 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4651 ALDRICH AVE N MINNEAPOLIS MN 55412	FABIAN VALTIERREZ	RESIDENTIAL	$188,100	50 ft
4639 ALDRICH AVE N MINNEAPOLIS MN 55412	4639 ALDRICH LLC	RESIDENTIAL-TWO UNIT	$283,300	60 ft
4655 ALDRICH AVE N MINNEAPOLIS MN 55412	KEVIN KOSTKA & MAI KOSTKA	RESIDENTIAL	$185,000	90 ft
4635 ALDRICH AVE N MINNEAPOLIS MN 55412	LUANN OLSON	RESIDENTIAL	$97,000	110 ft
4659 ALDRICH AVE N MINNEAPOLIS MN 55412	IRINA KOVALSKY	RESIDENTIAL	$213,400	128 ft
4646 BRYANT AVE N MINNEAPOLIS MN 55412	SILVY LAFAYETTE ET AL	RESIDENTIAL	$333,000	142 ft
4642 BRYANT AVE N MINNEAPOLIS MN 55412	SCOTT STRICKLAND	RESIDENTIAL	$196,800	145 ft
4631 ALDRICH AVE N MINNEAPOLIS MN 55412	CHERYL C DAVID	RESIDENTIAL	$172,400	150 ft
4650 BRYANT AVE N MINNEAPOLIS MN 55412	ANGELA D HUNTER	RESIDENTIAL	$211,400	154 ft
4638 BRYANT AVE N MINNEAPOLIS MN 55412	PAUL OTTO	RESIDENTIAL	$177,100	158 ft

Property History

Most Recent Sale

Date201601

Price$105,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,192