2552 ALDRICH AVE S MINNEAPOLIS MN 55405

PID: 3302924140185

Property Overview

Parcel ID3302924140185

Lot Size7,623 sq ft (0.175 ac)

Lot Dimensions (est.)129 ft wide × 59 ft deep

Year Built1903

Property ClassRESIDENTIAL-TWO UNIT

OwnerR APONTE & J A APONTE

Assessed Value$471,700

Land Value$169,000

Building Value$302,700

Annual Tax$7,410

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2021 · $10K total declared value · Most recent: Dec 2024 (res)

ResDec 2024Inspection

Urban Pine Plumbing and Mechanical Inc

MiscSep 2023Final Inspection

$10K

ARCHWAY CONTRACTING INC

ResFeb 2021Closed

WOODLAND STOVES & FIREPLACES

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Lowry Hill East · Minneapolis

Median reported rent1,194/mo

Renter-occupied84.0%

Median home value$388K

Vacancy rate3.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1067

Market Snapshot

Zip code 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

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 width50 ft

Buildable depth87 ft

Area~4,367 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 4,367 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2556 ALDRICH AVE S MINNEAPOLIS MN 55405	TIMOTHY L VENNE	RESIDENTIAL-TWO UNIT	$397,800	49 ft
2544 ALDRICH AVE S MINNEAPOLIS MN 55405	CHARLES KENNELLY/GRACE GRETZ	APARTMENT	$637,000	56 ft
2540 ALDRICH AVE S MINNEAPOLIS MN 55405	E G LEE & D ROEDIGER	TRIPLEX	$621,200	103 ft
2536 ALDRICH AVE S MINNEAPOLIS MN 55405	GABRIEL ISAIAH SCHWARTZMAN	RESIDENTIAL	$372,700	142 ft
2549 BRYANT AVE S MINNEAPOLIS MN 55405	JENNIFER THOMPSON	RESIDENTIAL-TWO UNIT	$463,800	142 ft
2555 BRYANT AVE S MINNEAPOLIS MN 55405	2555 BRYANT AVE LLC	APARTMENT	$2,093,000	146 ft
2545 BRYANT AVE S MINNEAPOLIS MN 55405	ERIN SAYER	CONDOMINIUM	$215,000	155 ft
2545 BRYANT AVE S MINNEAPOLIS MN 55405	MARK HOLLOCK & JOAN PARKS	CONDOMINIUM	$215,000	155 ft
2545 BRYANT AVE S MINNEAPOLIS MN 55405	JOHN SIFFERT & MARTHA NORRIS	CONDOMINIUM	$219,000	155 ft
2545 BRYANT AVE S MINNEAPOLIS MN 55405	MARK HOLLOCK & JOAN PARKS	CONDOMINIUM	$213,000	155 ft

Property History

Most Recent Sale

Date199110

Price$106,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,410