4620 ALDRICH AVE S MINNEAPOLIS MN 55419

PID: 1602824110035

Property Overview

Parcel ID1602824110035

Lot Size5,358 sq ft (0.123 ac)

Lot Dimensions (est.)134 ft wide × 40 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerROBIN LARSON/SANDRA K LARSON

Assessed Value$542,000

Land Value$284,000

Building Value$258,000

Annual Tax$8,505

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2017 · $46K total declared value · Most recent: Oct 2024 (addition)

AdditionOct 2024Closed

$5K

ARMSTRONG CONCRETE INC

AccessoryAug 2024Closed

$22K

Minneapolis Garage Builders, LLC

ResJul 2024Closed

CenterPoint Energy Resource Corp

RemodelJul 2023Closed

$14K

Tile MSP LLC

ResJul 2023Closed

Suburban Plumbing

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Minneapolis

Median reported rent1,676/mo

Renter-occupied16.2%

Median home value$633K

Vacancy rate4.8%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 107

Market Snapshot

Zip code 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth94 ft

Area~2,818 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 2,818 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4616 ALDRICH AVE S MINNEAPOLIS MN 55419	GEORGE CRABLE & LINDA CRABLE	RESIDENTIAL	$594,100	40 ft
4624 ALDRICH AVE S MINNEAPOLIS MN 55419	MARIANNE H BRINDA	RESIDENTIAL	$498,000	40 ft
4612 ALDRICH AVE S MINNEAPOLIS MN 55419	KATE RYAN REILING	RESIDENTIAL	$513,000	78 ft
4628 ALDRICH AVE S MINNEAPOLIS MN 55419	ALICE HILL REVOCABLE TRUST	RESIDENTIAL	$652,900	80 ft
4608 ALDRICH AVE S MINNEAPOLIS MN 55419	P C ERDAHL & E A O ERDAHL	RESIDENTIAL	$698,500	115 ft
4632 ALDRICH AVE S MINNEAPOLIS MN 55419	T S PETERSON & C A PETERSON	RESIDENTIAL	$637,100	120 ft
4621 BRYANT AVE S MINNEAPOLIS MN 55419	LUCAS OLSON	RESIDENTIAL-TWO UNIT	$629,400	134 ft
4625 BRYANT AVE S MINNEAPOLIS MN 55419	CYNTHIA J LARSON	RESIDENTIAL	$502,000	140 ft
4617 BRYANT AVE S MINNEAPOLIS MN 55419	DYLAN M LEEMAN/TYLER WATSON	RESIDENTIAL	$554,000	140 ft
4604 ALDRICH AVE S MINNEAPOLIS MN 55419	PETER S NUSSBAUM	RESIDENTIAL	$562,400	152 ft

Property History

Most Recent Sale

Date202302

Price$515,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,505