4433 ALDRICH AVE N MINNEAPOLIS MN 55412

PID: 1311821210007

Property Overview

Parcel ID1311821210007

Lot Size8,213 sq ft (0.189 ac)

Lot Dimensions (est.)129 ft wide × 64 ft deep

Year Built1904

Property ClassRESIDENTIAL-TWO UNIT

OwnerJOSEPH MORRISSEY

Assessed Value$253,800

Land Value$31,000

Building Value$222,800

Annual Tax$4,776

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2018 · $1K total declared value · Most recent: Jun 2018 (misc)

MiscJun 2018Closed

$1K

Drew G Kabanuk

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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 width116 ft

Buildable depth24 ft

Area~4,503 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 small multifamily (2–4 units, wood frame) benchmarks for 4,503 sqft buildable area.

Est. units

Yield on cost

4.3%

Spread

-1.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4425 ALDRICH AVE N MINNEAPOLIS MN 55412	MAHMOOD KHAN	VACANT LAND-APARTMENT	$98,500	80 ft
4503 ALDRICH AVE N MINNEAPOLIS MN 55412	LINDA ELIZABETH CHAPPLE	RESIDENTIAL	$107,600	112 ft
4428 BRYANT AVE N MINNEAPOLIS MN 55412	SHINGLE CREEK MANOR LLC	APARTMENT	$732,000	143 ft
4417 ALDRICH AVE N MINNEAPOLIS MN 55412	CAIRNLOCK REVOCABLE TRUST	RESIDENTIAL	$136,000	144 ft
4507 ALDRICH AVE N MINNEAPOLIS MN 55412	JMT 3404 FREMONT LLC	RESIDENTIAL	$106,000	152 ft
4422 BRYANT AVE N MINNEAPOLIS MN 55412	OLGA GINZBURG	RESIDENTIAL	$176,200	163 ft
4415 ALDRICH AVE N MINNEAPOLIS MN 55412	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	176 ft
4500 BRYANT AVE N MINNEAPOLIS MN 55412	VICTORIA C C NIER	RESIDENTIAL	$160,800	181 ft
4420 BRYANT AVE N MINNEAPOLIS MN 55412	OUTLOOK ESTATES LLC	RESIDENTIAL	$147,500	181 ft
4511 ALDRICH AVE N MINNEAPOLIS MN 55412	J VAN HALL & K R VAN HALL	RESIDENTIAL	$183,000	192 ft

Property History

Most Recent Sale

Date202511

Price$320,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,776