2644 ALDRICH AVE S MINNEAPOLIS MN 55408

PID: 3302924410188

Property Overview

Parcel ID3302924410188

Lot Size5,207 sq ft (0.120 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1900

Property ClassMED/CARE FACILITY

OwnerCAPGROW HLDGS JV SB VIIILLC

Assessed Value$743,000

Land Value$132,200

Building Value$610,800

Annual Tax$14,111

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · $21K total declared value · Most recent: Dec 2019 (comnofdbv)

ComnofdbvDec 2019Closed

Metro Heating & Cooling LLC

RoofwindOct 2019Expired

$4K

REAL ESTATE UPDATERS

RoofwindJun 2019Expired

$18K

WALKER ROOFING CO

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 width30 ft

Buildable depth90 ft

Area~2,701 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 2,701 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
2640 ALDRICH AVE S MINNEAPOLIS MN 55408	D B DONATUCCI & D DONATUCCI	RESIDENTIAL	$454,000	40 ft
2648 ALDRICH AVE S MINNEAPOLIS MN 55408	PROGRESS VALLEY INC	APARTMENT	$0	40 ft
2636 ALDRICH AVE S MINNEAPOLIS MN 55408	RICHARD J SMITH	RESIDENTIAL	$333,000	81 ft
2658 ALDRICH AVE S MINNEAPOLIS MN 55408	2658 ALDRICH AVENUE S LLC	RESIDENTIAL-TWO UNIT	$526,200	102 ft
810 27TH ST W MINNEAPOLIS MN 55408	R H DOWSETT ET AL	RESIDENTIAL-TWO UNIT	$412,200	112 ft
2632 ALDRICH AVE S MINNEAPOLIS MN 55408	LINDA IVERSON	TRIPLEX	$427,300	120 ft
2645 BRYANT AVE S MINNEAPOLIS MN 55408	ERIC J ENGE/MARIE L STOREVIK	RESIDENTIAL	$581,000	140 ft
2649 BRYANT AVE S MINNEAPOLIS MN 55408	J WOOLMAN & R C GABRIEL	RESIDENTIAL	$439,000	146 ft
2639 BRYANT AVE S MINNEAPOLIS MN 55408	ANTHONY J HANKEL/LISA R LIND	RESIDENTIAL-TWO UNIT	$479,800	146 ft
2628 ALDRICH AVE S MINNEAPOLIS MN 55408	ENDLESS ENDEAVORS LLC	RESIDENTIAL	$496,000	159 ft

Property History

Most Recent Sale

Date202109

Price$736,080

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$14,111