5501 ALDRICH AVE S MINNEAPOLIS MN 55419

PID: 2102824110209

Property Overview

Parcel ID2102824110209

Lot Size5,100 sq ft (0.117 ac)

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

Year Built1928

Property ClassRESIDENTIAL

OwnerT A DUEPNER & A J DRESSEN

Assessed Value$329,000

Land Value$180,000

Building Value$149,000

Annual Tax$4,837

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2023 · Most recent: Jul 2023 (res)

ResJul 2023Closed

CenterPoint Energy Resource Corp

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

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 width114 ft

Buildable depth0 ft

Area~2,362 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 small multifamily (2–4 units, wood frame) benchmarks for 2,362 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5505 ALDRICH AVE S MINNEAPOLIS MN 55419	MARY J LATTERELL	RESIDENTIAL	$362,100	40 ft
5509 ALDRICH AVE S MINNEAPOLIS MN 55419	GENE B & NANCY M ZEMSKE	RESIDENTIAL	$415,700	80 ft
5455 ALDRICH AVE S MINNEAPOLIS MN 55419	PLAZA I INC	RESIDENTIAL	$245,000	111 ft
5515 ALDRICH AVE S MINNEAPOLIS MN 55419	J D KUMMER & L M ZAHNER	RESIDENTIAL	$365,000	123 ft
5516 LYNDALE AVE S MINNEAPOLIS MN 55419	DAN CAMPO PROPERTIES LLC	COMMERCIAL-PREFERRED	$5,290,000	168 ft
5519 ALDRICH AVE S MINNEAPOLIS MN 55419	TANIESHA DVOSKIN & A DVOSKIN	RESIDENTIAL	$439,800	170 ft
5447 ALDRICH AVE S MINNEAPOLIS MN 55419	D E CARBERRY & K A CARBERRY	RESIDENTIAL	$581,200	176 ft
5500 ALDRICH AVE S MINNEAPOLIS MN 55419	B ANDERSON & J ANDERSON	RESIDENTIAL	$612,500	183 ft
5504 ALDRICH AVE S MINNEAPOLIS MN 55419	ANDREW MELBY/MARIYA MELBY	RESIDENTIAL	$526,100	187 ft
5452 LYNDALE AVE S MINNEAPOLIS MN 55419	DENZER HOLDINGS LLC	COMMERCIAL-PREFERRED	$1,825,000	198 ft

Property History

Most Recent Sale

Date200705

Price$193,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,837