4635 ALDRICH AVE N MINNEAPOLIS MN 55412

PID: 1211821340035

Property Overview

Parcel ID1211821340035

Lot Size5,129 sq ft (0.118 ac)

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

Year Built1916

Property ClassRESIDENTIAL

OwnerLUANN OLSON

Assessed Value$97,000

Land Value$31,000

Building Value$66,000

Annual Tax$1,205

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

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 depth88 ft

Area~2,647 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 2,647 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
4631 ALDRICH AVE N MINNEAPOLIS MN 55412	CHERYL C DAVID	RESIDENTIAL	$172,400	40 ft
4639 ALDRICH AVE N MINNEAPOLIS MN 55412	4639 ALDRICH LLC	RESIDENTIAL-TWO UNIT	$283,300	50 ft
4627 ALDRICH AVE N MINNEAPOLIS MN 55412	BRIAN MELTZER TRUST	RESIDENTIAL	$131,000	80 ft
4647 ALDRICH AVE N MINNEAPOLIS MN 55412	ADS LLC	RESIDENTIAL	$183,600	110 ft
4623 ALDRICH AVE N MINNEAPOLIS MN 55412	T U P INC	RESIDENTIAL	$194,000	120 ft
4634 BRYANT AVE N MINNEAPOLIS MN 55412	CITY/LAKES COMMUNITY LAND TR	—	$244,200	142 ft
4638 BRYANT AVE N MINNEAPOLIS MN 55412	PAUL OTTO	RESIDENTIAL	$177,100	147 ft
4626 BRYANT AVE N MINNEAPOLIS MN 55412	MILANOVICH PROPERTIES LLC	RESIDENTIAL	$180,000	159 ft
4651 ALDRICH AVE N MINNEAPOLIS MN 55412	FABIAN VALTIERREZ	RESIDENTIAL	$188,100	160 ft
4619 ALDRICH AVE N MINNEAPOLIS MN 55412	STANLEY BRUCE KOZAK	RESIDENTIAL	$178,600	160 ft

Property History

Current Tax Year

Year2026

Tax Due$1,205