5548 ALDRICH AVE S MINNEAPOLIS MN 55419

PID: 2102824110175

Property Overview

Parcel ID2102824110175

Lot Size5,599 sq ft (0.129 ac)

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

Year Built1940

Property ClassRESIDENTIAL

OwnerS L EDWARDS & F O EDWARDS

Assessed Value$537,500

Land Value$192,000

Building Value$345,500

Annual Tax$8,421

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Permit History

7 permits on record since 2018 · $25K total declared value · Most recent: Jul 2023 (res)

ResJul 2023Closed

CenterPoint Energy Resource Corp

MiscJun 2023Closed

$14K

KAUFMAN SHEET METAL ROOFING INC

ResSep 2021Closed

Fineline Mechanical Services Inc

MiscAug 2021Closed

$3K

M S RELOCATION SERVICES INC

RemodelOct 2018Closed

$2K

FRANK GARDNER CONSTRUCTION LLC

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth100 ft

Area~2,999 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 2,999 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
5544 ALDRICH AVE S MINNEAPOLIS MN 55419	ANDREW SCOTT HOPPIN TRUSTEE	RESIDENTIAL	$437,700	40 ft
5552 ALDRICH AVE S MINNEAPOLIS MN 55419	JUSTIN A LEE & CAREN A LEE	RESIDENTIAL	$453,700	42 ft
5540 ALDRICH AVE S MINNEAPOLIS MN 55419	J MCCLINTOCK & K MCCLINTOCK	RESIDENTIAL	$468,600	80 ft
5556 ALDRICH AVE S MINNEAPOLIS MN 55419	SHERRI HOISETH BERNSTEIN	RESIDENTIAL	$502,100	88 ft
5536 ALDRICH AVE S MINNEAPOLIS MN 55419	L OSTROM & S AASE	RESIDENTIAL	$891,600	120 ft
5549 BRYANT AVE S MINNEAPOLIS MN 55419	PAUL E GRAUSAM	RESIDENTIAL	$562,400	137 ft
5553 BRYANT AVE S MINNEAPOLIS MN 55419	DAWN P MURPHY	RESIDENTIAL	$330,000	143 ft
5545 BRYANT AVE S MINNEAPOLIS MN 55419	JEFF WIGGINS & SHARI WIGGINS	RESIDENTIAL	$413,300	146 ft
5532 ALDRICH AVE S MINNEAPOLIS MN 55419	MARK HELSETH & VICKY HELSETH	RESIDENTIAL	$304,000	160 ft
818 56TH ST W MINNEAPOLIS MN 55419	820 W 56TH LLC	RESIDENTIAL-TWO UNIT	$492,600	161 ft

Property History

Most Recent Sale

Date202201

Price$428,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,421