4502 ALDRICH AVE N MINNEAPOLIS MN 55412

PID: 1211821340147

Property Overview

Parcel ID1211821340147

Lot Size5,068 sq ft (0.116 ac)

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

Year Built1924

Property ClassRESIDENTIAL

OwnerSUSAN MARIE O'HERN

Assessed Value$65,000

Land Value$25,000

Building Value$40,000

Annual Tax$674

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width114 ft

Buildable depth0 ft

Area~2,340 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,340 sqft buildable area.

Est. units

Yield on cost

1.7%

Spread

-3.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4506 ALDRICH AVE N MINNEAPOLIS MN 55412	BARRY R KNAPP	RESIDENTIAL	$141,800	40 ft
4510 ALDRICH AVE N MINNEAPOLIS MN 55412	TYLER WILLIAM CRABTREE	RESIDENTIAL	$178,000	80 ft
4514 ALDRICH AVE N MINNEAPOLIS MN 55412	TRIO INVESTMENTS LLC	RESIDENTIAL	$131,800	120 ft
4501 CAMDEN AVE N MINNEAPOLIS MN 55412	CEL MONTON LLC	RESIDENTIAL	$139,700	141 ft
4507 CAMDEN AVE N MINNEAPOLIS MN 55412	RI FIVE INVESTMENTS LLC	RESIDENTIAL	$141,000	146 ft
4518 ALDRICH AVE N MINNEAPOLIS MN 55412	CCF2 MN LLC	RESIDENTIAL	$152,900	160 ft
4511 CAMDEN AVE N MINNEAPOLIS MN 55412	MARY K LEIKVOLD	RESIDENTIAL	$126,000	162 ft
4515 CAMDEN AVE N MINNEAPOLIS MN 55412	RICHARDL EDLUND ETAL	RESIDENTIAL	$205,700	185 ft
4503 ALDRICH AVE N MINNEAPOLIS MN 55412	LINDA ELIZABETH CHAPPLE	RESIDENTIAL	$107,600	187 ft
4507 ALDRICH AVE N MINNEAPOLIS MN 55412	JMT 3404 FREMONT LLC	RESIDENTIAL	$106,000	191 ft

Property History

Most Recent Sale

Date199812

Price$22,700

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$674