4506 ALDRICH AVE N MINNEAPOLIS MN 55412

PID: 1211821340148

Property Overview

Parcel ID1211821340148

Lot Size5,068 sq ft (0.116 ac)

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

Year Built1924

Property ClassRESIDENTIAL

OwnerBARRY R KNAPP

Assessed Value$141,800

Land Value$31,000

Building Value$110,800

Annual Tax$1,816

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 2020 · Most recent: Oct 2020 (res)

ResOct 2020Closed

Urban Pine Plumbing and Mechanical 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 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
4502 ALDRICH AVE N MINNEAPOLIS MN 55412	SUSAN MARIE O'HERN	RESIDENTIAL	$65,000	40 ft
4510 ALDRICH AVE N MINNEAPOLIS MN 55412	TYLER WILLIAM CRABTREE	RESIDENTIAL	$178,000	40 ft
4514 ALDRICH AVE N MINNEAPOLIS MN 55412	TRIO INVESTMENTS LLC	RESIDENTIAL	$131,800	80 ft
4518 ALDRICH AVE N MINNEAPOLIS MN 55412	CCF2 MN LLC	RESIDENTIAL	$152,900	120 ft
4507 CAMDEN AVE N MINNEAPOLIS MN 55412	RI FIVE INVESTMENTS LLC	RESIDENTIAL	$141,000	141 ft
4511 CAMDEN AVE N MINNEAPOLIS MN 55412	MARY K LEIKVOLD	RESIDENTIAL	$126,000	146 ft
4501 CAMDEN AVE N MINNEAPOLIS MN 55412	CEL MONTON LLC	RESIDENTIAL	$139,700	146 ft
4522 ALDRICH AVE N MINNEAPOLIS MN 55412	JIMMIE LATCHMAN	RESIDENTIAL-TWO UNIT	$383,100	160 ft
4515 CAMDEN AVE N MINNEAPOLIS MN 55412	RICHARDL EDLUND ETAL	RESIDENTIAL	$205,700	162 ft
4519 CAMDEN AVE N MINNEAPOLIS MN 55412	RIFIVE INVESTMENTS LLC	RESIDENTIAL	$314,000	185 ft

Property History

Most Recent Sale

Date201804

Price$99,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,816