5034 ALDRICH AVE S MINNEAPOLIS MN 55419

PID: 1602824410053

Property Overview

Parcel ID1602824410053

Lot Size7,769 sq ft (0.178 ac)

Lot Dimensions (est.)129 ft wide × 60 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerD R WEIRENS & R L HOULE

Assessed Value$974,000

Land Value$329,000

Building Value$645,000

Annual Tax$16,677

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2005 · $72K total declared value · Most recent: Jul 2024 (res)

ResJul 2024Closed

CenterPoint Energy Resource Corp

ResJan 2022Closed

SEDGWICK HEATING & AIR CONDITIONING

ExistresDec 2021Closed

Standard Heating and Air Conditioning Inc

Building Re-inspectionSep 2005

$72K

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

Neighborhood Profile

Lynnhurst · Minneapolis

Median reported rent1,759/mo

Renter-occupied8.6%

Median home value$617K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1114

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

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 width50 ft

Buildable depth89 ft

Area~4,471 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 4,471 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5038 ALDRICH AVE S MINNEAPOLIS MN 55419	P M & J C SUTTER	RESIDENTIAL	$1,103,000	59 ft
5026 ALDRICH AVE S MINNEAPOLIS MN 55419	SAMUEL WOLFE & JENNA WOLFE	RESIDENTIAL	$877,900	60 ft
5020 ALDRICH AVE S MINNEAPOLIS MN 55419	P D DAGGETT & S E ELLINGSTAD	RESIDENTIAL	$1,130,000	120 ft
5039 BRYANT AVE S MINNEAPOLIS MN 55419	J N GRABER & S J GRABER	RESIDENTIAL	$1,077,700	141 ft
5046 ALDRICH AVE S MINNEAPOLIS MN 55419	J L MICHEL & H B MIDELFORT	RESIDENTIAL	$1,022,800	150 ft
5033 BRYANT AVE S MINNEAPOLIS MN 55419	T L SMITH & H M SMITH	RESIDENTIAL	$683,400	153 ft
5045 BRYANT AVE S MINNEAPOLIS MN 55419	R MCADARAGH & M MCADARAGH	RESIDENTIAL	$842,200	154 ft
5016 ALDRICH AVE S MINNEAPOLIS MN 55419	J O'KEEFE & A O'KEEFE	RESIDENTIAL	$593,000	174 ft
5025 BRYANT AVE S MINNEAPOLIS MN 55419	ANN MARIE MANLEY	RESIDENTIAL	$824,800	184 ft
5051 BRYANT AVE S MINNEAPOLIS MN 55419	TRUST AGMT SUSAN A ALTENBACH	RESIDENTIAL	$864,900	186 ft

Property History

Most Recent Sale

Date200006

Price$395,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$16,677