5500 ALDRICH AVE S MINNEAPOLIS MN 55419

PID: 2102824110163

Property Overview

Parcel ID2102824110163

Lot Size5,599 sq ft (0.129 ac)

Lot Dimensions (est.)140 ft wide × 40 ft deep

Year Built1940

Property ClassRESIDENTIAL

OwnerB ANDERSON & J ANDERSON

Assessed Value$612,500

Land Value$192,000

Building Value$420,500

Annual Tax$9,839

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · $10K total declared value · Most recent: Jul 2023 (res)

ResJul 2023Closed

CenterPoint Energy Resource Corp

MiscOct 2021Expired

$10K

CHRISCO CONSTRUCTION

ExistresJun 2019Closed

Standard Heating and Air Conditioning Inc

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

Neighborhood Profile

Kenny · 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

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 width127 ft

Buildable depth0 ft

Area~2,700 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,700 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5504 ALDRICH AVE S MINNEAPOLIS MN 55419	ANDREW MELBY/MARIYA MELBY	RESIDENTIAL	$526,100	40 ft
5508 ALDRICH AVE S MINNEAPOLIS MN 55419	CHARLES CARLSON/HANNAH WIND	RESIDENTIAL	$387,900	80 ft
5452 ALDRICH AVE S MINNEAPOLIS MN 55419	KENDRA M BRAEGELMANN ET AL	RESIDENTIAL	$396,100	99 ft
5512 ALDRICH AVE S MINNEAPOLIS MN 55419	SAMUEL ADRIAENS	RESIDENTIAL	$322,000	120 ft
5501 BRYANT AVE S MINNEAPOLIS MN 55419	J D LARKIN & E LARKIN	RESIDENTIAL	$523,700	137 ft
5448 ALDRICH AVE S MINNEAPOLIS MN 55419	DENISE EMANUEL CLEMEN	RESIDENTIAL	$459,000	143 ft
5505 BRYANT AVE S MINNEAPOLIS MN 55419	BRIAN FINN & SHELLEY FINN	RESIDENTIAL	$760,900	143 ft
5509 BRYANT AVE S MINNEAPOLIS MN 55419	ERIC E STEINKE	RESIDENTIAL	$333,600	159 ft
5516 ALDRICH AVE S MINNEAPOLIS MN 55419	B L ARMSTRONG JR/T ARMSTRONG	RESIDENTIAL	$588,700	160 ft
5515 BRYANT AVE S MINNEAPOLIS MN 55419	ERICA L STEINKE	RESIDENTIAL	$429,400	182 ft

Property History

Most Recent Sale

Date201806

Price$499,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,839