5505 ALDRICH AVE S MINNEAPOLIS MN 55419

PID: 2102824110208

Property Overview

Parcel ID2102824110208

Lot Size5,100 sq ft (0.117 ac)

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

Year Built1928

Property ClassRESIDENTIAL

OwnerMARY J LATTERELL

Assessed Value$362,100

Land Value$180,000

Building Value$182,100

Annual Tax$5,388

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2022 · $15K total declared value · Most recent: Jul 2024 (misc)

MiscJul 2024Closed

$15K

Saints Exteriors

ResJul 2023Closed

CenterPoint Energy Resource Corp

ExistresMar 2022Closed

APOLLO HEATING AND AIR

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
5509 ALDRICH AVE S MINNEAPOLIS MN 55419	GENE B & NANCY M ZEMSKE	RESIDENTIAL	$415,700	40 ft
5501 ALDRICH AVE S MINNEAPOLIS MN 55419	T A DUEPNER & A J DRESSEN	RESIDENTIAL	$329,000	40 ft
5515 ALDRICH AVE S MINNEAPOLIS MN 55419	J D KUMMER & L M ZAHNER	RESIDENTIAL	$365,000	82 ft
5519 ALDRICH AVE S MINNEAPOLIS MN 55419	TANIESHA DVOSKIN & A DVOSKIN	RESIDENTIAL	$439,800	130 ft
5516 LYNDALE AVE S MINNEAPOLIS MN 55419	DAN CAMPO PROPERTIES LLC	COMMERCIAL-PREFERRED	$5,290,000	145 ft
5455 ALDRICH AVE S MINNEAPOLIS MN 55419	PLAZA I INC	RESIDENTIAL	$245,000	151 ft
5523 ALDRICH AVE S MINNEAPOLIS MN 55419	DAPHNE SANTA-MARIA QUAY	RESIDENTIAL	$451,000	180 ft
5504 ALDRICH AVE S MINNEAPOLIS MN 55419	ANDREW MELBY/MARIYA MELBY	RESIDENTIAL	$526,100	183 ft
5508 ALDRICH AVE S MINNEAPOLIS MN 55419	CHARLES CARLSON/HANNAH WIND	RESIDENTIAL	$387,900	187 ft
5500 ALDRICH AVE S MINNEAPOLIS MN 55419	B ANDERSON & J ANDERSON	RESIDENTIAL	$612,500	188 ft

Property History

Most Recent Sale

Date198701

Price$63,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,388