1524 ALDRICH AVE N MINNEAPOLIS MN 55411

PID: 1602924440110

Property Overview

Parcel ID1602924440110

Lot Size127,655 sq ft (2.931 ac)

Lot Dimensions (est.)329 ft wide × 388 ft deep

Year Built1979

Property ClassCOMMERCIAL-PREFERRED

OwnerCITY OF MINNEAPOLIS PK BOARD

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$0

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Public land opportunityHigh

Owned by City of Minneapolis — surplus sales, redevelopment programs, or land trust transfers may apply.

Hennepin County parcel ownership data ↗

Potential programs

Minneapolis Homes — property salesMedium

Minneapolis Homes sells city-owned lots for homeownership and affordable housing; eligibility depends on property status and program cycle.

Minneapolis — City Property Sales ↗

Hennepin County surplus propertyMedium

Hennepin County disposes of public parcels through its surplus property program; contact Real Estate Services for current listings.

Hennepin County — Surplus Property Sales ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

1 permit on record since 2024 · $1K total declared value · Most recent: Apr 2024 (addition)

AdditionApr 2024Expired

$1K

ALBRECHT

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

Neighborhood Profile

Near - North · Minneapolis

Median reported rent409/mo

Renter-occupied59.5%

Median home value$245K

Vacancy rate10.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1263

Market Snapshot

Zip code 55411

Median sale price$243K-2.9% YoY

Median price / sqft$140/sqft

Median days to close40 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55411

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 width319 ft

Buildable depth348 ft

Area~107,785 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
707 ELIZABETH LA MINNEAPOLIS MN 55411	TEKIA S JEFFERSON	RESIDENTIAL	$342,000	232 ft
706 PRINTICE LA MINNEAPOLIS MN 55411	GRETCHEN KALTHOFF	RESIDENTIAL	$244,600	234 ft
713 ELIZABETH LA MINNEAPOLIS MN 55411	A E GARDNER	RESIDENTIAL	$266,100	251 ft
712 PRINTICE LA MINNEAPOLIS MN 55411	R C JENKINS & V T JENKINS	RESIDENTIAL	$267,000	261 ft
719 ELIZABETH LA MINNEAPOLIS MN 55411	S C LASLEY/E A LASLEY ET AL	RESIDENTIAL	$239,000	279 ft
718 PRINTICE LA MINNEAPOLIS MN 55411	KIMBERLY H TAN	RESIDENTIAL	$235,000	288 ft
700 PRINTICE LA MINNEAPOLIS MN 55411	OLUKAYODE OLUTOYIN IGE	RESIDENTIAL	$255,100	297 ft
701 ELIZABETH LA MINNEAPOLIS MN 55411	JALEF LLC	RESIDENTIAL	$248,400	299 ft
517 LYN PARK LA N MINNEAPOLIS MN 55411	FAISO ADEN	RESIDENTIAL	$272,700	338 ft
606 HALL LA MINNEAPOLIS MN 55411	GERI L WILLIAMS	RESIDENTIAL	$277,000	369 ft

Property History

Current Tax Year

Year2026

Tax Due$0