5533 ALDRICH AVE S MINNEAPOLIS MN 55419

PID: 2102824110202

Property Overview

Parcel ID2102824110202

Lot Size5,100 sq ft (0.117 ac)

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

Year Built1941

Property ClassRESIDENTIAL

OwnerJ J RATHS & L A RATHS

Assessed Value$495,000

Land Value$180,000

Building Value$315,000

Annual Tax$7,606

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2003 · $245K total declared value · Most recent: Feb 2026 (existres)

ExistresFeb 2026Closed

Residential Heating and Air Conditioning Inc

ExistresJan 2026Inspection

STAFFORD HOME SERVICE

RemodelMay 2024Closed

$5K

ALL ENERGY SOLAR INC

MiscMay 2024Closed

$23K

Saints Exteriors

ResSep 2023Expired

Water Heaters Now 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
5537 ALDRICH AVE S MINNEAPOLIS MN 55419	LISA ALICE TRADWELL	RESIDENTIAL	$429,000	40 ft
5529 ALDRICH AVE S MINNEAPOLIS MN 55419	JOHN HASSLEN	RESIDENTIAL	$404,400	47 ft
5541 ALDRICH AVE S MINNEAPOLIS MN 55419	VICTORIA LYNN GABRIEL	RESIDENTIAL	$424,000	80 ft
5523 ALDRICH AVE S MINNEAPOLIS MN 55419	DAPHNE SANTA-MARIA QUAY	RESIDENTIAL	$451,000	100 ft
5545 ALDRICH AVE S MINNEAPOLIS MN 55419	KELLEIGH RUTH WALD	RESIDENTIAL	$422,600	120 ft
5536 LYNDALE AVE S MINNEAPOLIS MN 55419	DAN CAMPO PROPERTIES LLC	LAND-COMMERCIAL	$561,300	131 ft
5519 ALDRICH AVE S MINNEAPOLIS MN 55419	TANIESHA DVOSKIN & A DVOSKIN	RESIDENTIAL	$439,800	150 ft
5549 ALDRICH AVE S MINNEAPOLIS MN 55419	NATHAN KREPS & LARA PRATT	RESIDENTIAL	$474,000	160 ft
5532 ALDRICH AVE S MINNEAPOLIS MN 55419	MARK HELSETH & VICKY HELSETH	RESIDENTIAL	$304,000	183 ft
5528 ALDRICH AVE S MINNEAPOLIS MN 55419	RYRR PROPERTIES LLC	RESIDENTIAL	$387,000	187 ft

Property History

Current Tax Year

Year2026

Tax Due$7,606