2748 ALDRICH AVE S MINNEAPOLIS MN 55408

PID: 3302924410083

Property Overview

Parcel ID3302924410083

Lot Size5,220 sq ft (0.120 ac)

Lot Dimensions (est.)129 ft wide × 41 ft deep

Year Built1914

Property ClassRESIDENTIAL-TWO UNIT

OwnerA2 HOUSE LLC

Assessed Value$527,200

Land Value$136,000

Building Value$391,200

Annual Tax$10,015

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2017 · $6K total declared value · Most recent: Aug 2022 (misc)

MiscAug 2022Closed

$6K

Bison Builders Inc

ExistresNov 2017Closed

MINNEAPOLIS-ST. PAUL PLUMBING, HEATING & AIR

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 55408

Median sale price$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

Source: Redfin Data Center (Invalid Date) · Zip 55408

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 width31 ft

Buildable depth87 ft

Area~2,710 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 2,710 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2744 ALDRICH AVE S MINNEAPOLIS MN 55408	M E CROW & L J CROW	RESIDENTIAL	$329,000	40 ft
2752 ALDRICH AVE S MINNEAPOLIS MN 55408	CHRISTOPHER GREGORY	RESIDENTIAL	$472,900	40 ft
2740 ALDRICH AVE S MINNEAPOLIS MN 55408	MATTHEW COHEN/MICHELLE COHEN	RESIDENTIAL	$579,000	81 ft
2756 ALDRICH AVE S MINNEAPOLIS MN 55408	D A WOOD & B J MULHERN	RESIDENTIAL	$249,000	84 ft
808 28TH ST W MINNEAPOLIS MN 55408	JULIAN FERNANDEZ-PETERSEN	RESIDENTIAL	$380,900	91 ft
2736 ALDRICH AVE S MINNEAPOLIS MN 55408	JOSHUA SCOTT JENQUIST	RESIDENTIAL-TWO UNIT	$533,600	121 ft
812 28TH ST W MINNEAPOLIS MN 55408	J&B COMMUNITY SERVICES LLC	RESIDENTIAL	$309,000	129 ft
2749 BRYANT AVE S MINNEAPOLIS MN 55408	A D THILGES & J LANGNER	RESIDENTIAL	$473,000	140 ft
2753 BRYANT AVE S MINNEAPOLIS MN 55408	RANDALL E MEEKER JR ET AL TR	RESIDENTIAL	$459,000	146 ft
2745 BRYANT AVE S MINNEAPOLIS MN 55408	M Y PASCHALL & J D PASCHALL	RESIDENTIAL	$542,300	146 ft

Property History

Most Recent Sale

Date202011

Price$508,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,015