5541 ALDRICH AVE S MINNEAPOLIS MN 55419

PID: 2102824110200

Property Overview

Parcel ID2102824110200

Lot Size5,100 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1940

Property ClassRESIDENTIAL

OwnerVICTORIA LYNN GABRIEL

Assessed Value$424,000

Land Value$180,000

Building Value$244,000

Annual Tax$6,421

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $31K total declared value · Most recent: Jul 2023 (res)

ResJul 2023Closed

CenterPoint Energy Resource Corp

MiscJun 2019Closed

$7K

SELA ROOFING AND REMODELING INC

RemodelOct 2017Closed

$2K

TERRY MILLER CONSTRUCTION LLC

MiscAug 2017Closed

$2K

RENEWAL BY ANDERSEN CORP

AdditionAug 2017Closed

$11K

OUTDOOR SOLUTIONS 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

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 width30 ft

Buildable depth87 ft

Area~2,624 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 2,624 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5545 ALDRICH AVE S MINNEAPOLIS MN 55419	KELLEIGH RUTH WALD	RESIDENTIAL	$422,600	40 ft
5537 ALDRICH AVE S MINNEAPOLIS MN 55419	LISA ALICE TRADWELL	RESIDENTIAL	$429,000	40 ft
5549 ALDRICH AVE S MINNEAPOLIS MN 55419	NATHAN KREPS & LARA PRATT	RESIDENTIAL	$474,000	80 ft
5533 ALDRICH AVE S MINNEAPOLIS MN 55419	J J RATHS & L A RATHS	RESIDENTIAL	$495,000	80 ft
5553 ALDRICH AVE S MINNEAPOLIS MN 55419	S R TRUNK & K D GREENWAY	RESIDENTIAL	$374,700	124 ft
5529 ALDRICH AVE S MINNEAPOLIS MN 55419	JOHN HASSLEN	RESIDENTIAL	$404,400	128 ft
5536 LYNDALE AVE S MINNEAPOLIS MN 55419	DAN CAMPO PROPERTIES LLC	LAND-COMMERCIAL	$561,300	136 ft
5557 ALDRICH AVE S MINNEAPOLIS MN 55419	W KOTOVIC & J CARPENTER	RESIDENTIAL	$444,700	169 ft
5556 LYNDALE AVE S MINNEAPOLIS MN 55419	KODET & SCHUMACHER LLC	COMMERCIAL-PREFERRED	$573,000	179 ft
5523 ALDRICH AVE S MINNEAPOLIS MN 55419	DAPHNE SANTA-MARIA QUAY	RESIDENTIAL	$451,000	180 ft

Property History

Most Recent Sale

Date198606

Price$82,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,421