5015 ALDRICH AVE S MINNEAPOLIS MN 55419

PID: 1602824410084

Property Overview

Parcel ID1602824410084

Lot Size6,327 sq ft (0.145 ac)

Lot Dimensions (est.)134 ft wide × 47 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerM P EISELE & B L EISELE

Assessed Value$619,800

Land Value$305,000

Building Value$314,800

Annual Tax$9,978

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $11K total declared value · Most recent: Jun 2025 (res)

ResJun 2025Closed

MN Plumbing & Home Services INC

MiscOct 2024Final Inspection

$11K

Options Exteriors

ResJan 2023Closed

Peters Plumbing LLC

ResOct 2017Closed

MN PLUMBING AND APPLIANCES

ExistresSep 2017Closed

Michael P Eisele

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

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 width37 ft

Buildable depth95 ft

Area~3,497 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 3,497 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5019 ALDRICH AVE S MINNEAPOLIS MN 55419	DAVID C JOHNSON ETAL	RESIDENTIAL	$738,900	47 ft
5011 ALDRICH AVE S MINNEAPOLIS MN 55419	J S METHERD & M D METHERD	RESIDENTIAL	$663,100	48 ft
5005 ALDRICH AVE S MINNEAPOLIS MN 55419	TCALM GROUP REV TRUST	RESIDENTIAL	$603,000	95 ft
5025 ALDRICH AVE S MINNEAPOLIS MN 55419	JAMIE PATTERSON	RESIDENTIAL	$626,800	96 ft
5014 LYNDALE AVE S MINNEAPOLIS MN 55419	C R LESLIE & R W RUDOLF JR	RESIDENTIAL	$662,600	125 ft
5008 LYNDALE AVE S MINNEAPOLIS MN 55419	MADONNA M KASBOHM	RESIDENTIAL	$634,800	127 ft
5018 LYNDALE AVE S MINNEAPOLIS MN 55419	T A PETERSON & A L PETERSON	RESIDENTIAL	$602,000	138 ft
5001 ALDRICH AVE S MINNEAPOLIS MN 55419	JOY F SANDLER REVOCABLE TRST	RESIDENTIAL-TWO UNIT	$634,500	143 ft
5029 ALDRICH AVE S MINNEAPOLIS MN 55419	S L PUCKETT & W E PUCKETT	RESIDENTIAL	$713,400	146 ft
5006 LYNDALE AVE S MINNEAPOLIS MN 55419	RANDALL C ROGERS	RESIDENTIAL-TWO UNIT	$641,300	150 ft

Property History

Most Recent Sale

Date201701

Price$423,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$9,978