Closed

$425,000

2553 Aldrich Ave S, Minneapolis, MN 55405

5beds

3baths

2,647sqft

Multi Family

Built in 1907

-- sqft lot

$459,900 Zestimate^®

$161/sqft

$2,235 Estimated rent

Home value

$459,900

$437,000 - $487,000

$2,235/mo

Zestimate^® history

Owner options

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$2,235/mo

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$2,235/mo

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$2,670/mo

Est. payment

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$2,670/mo

Est. payment

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What's special

Coffee shopsPrivate deckHuge kitchenWalkable to shoppingOrganic gardensWood floorsExtensive plumbing

Renovated up/down stucco duplex in Lowry Hill East, walkable to shopping, restaurants, coffee shops...and close to Lake of the Isles, Uptown, Downtown plus easy access to public transportation and freeways. The property was fully remodeled in 2009, and updated continuously since then. Recent improvements include new roof (11/2023); insulation throughout; extensive plumbing & electrical; central A/C in Unit 1 and organic gardens in the backyard. **Unit 1 (main floor): 2BR/1Bath with open floor plan, huge kitchen with vintage cabinetry, newer appliances, exposed brick chimney, wood floors, in-unit laundry, exclusive/full access to basement. Longtime tenants just moved out, but were paying $1625/month. This unit has been freshly painted. **Unit 2 (2nd and 3rd floors): 3BR/2Bath with spacious rooms, wood floors, in-unit laundry and private deck. Great tenants currently pay $1750/month on a month-to-month lease with 60 days notice. **BRAND NEW ROOF INSTALLED NOVEMBER 2023**

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3

Heating

Baseboard, Forced Air

Appliances

Laundry: In Unit

Features

Basement: Full

Interior area

Total structure area: 2,647
Total interior livable area: 2,647 sqft
Finished area above ground: 2,647
Finished area below ground: 0

Property

Parking

Parking features: Gravel, Open
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: More Than 2 Stories
Patio & porch: Deck
Pool features: None

Lot

Size: 4,356 sqft
Dimensions: 38 x 119
Features: Tree Coverage - Medium
Topography: Level

Details

Foundation area: 1083
Parcel number: 3302924140179
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame, Stone
Roof: Age 8 Years or Less,Architectural Shingle,Asphalt,Pitched

Condition

New construction: No
Year built: 1907

Utilities & green energy

Electric: Circuit Breakers, Power Company: Xcel Energy
Gas: Electric, Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & neighborhood

Location

Region: Minneapolis
Subdivision: Twenty Fifth St Add

Price history

Date	Event	Price
3/15/2024	Sold	$425,000-5.3%$161/sqft
Source: NorthstarMLS as distributed by MLS GRID #6450819 Report a problem
2/22/2024	Pending sale	$449,000$170/sqft
Source: NorthstarMLS as distributed by MLS GRID #6450819 Report a problem
11/30/2023	Price change	$449,000-6.3%$170/sqft
Source: NorthstarMLS as distributed by MLS GRID #6450819 Report a problem
10/20/2023	Listed for sale	$479,000+219.3%$181/sqft
Source: NorthstarMLS as distributed by MLS GRID #6450819 Report a problem
11/23/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
11/19/2022	Price change	$1,775-7.8%$1/sqft
Source: Zillow Rental Manager Report a problem
10/24/2022	Price change	$1,925-3.8%$1/sqft
Source: Zillow Rental Manager Report a problem
10/18/2022	Listed for rent	$2,000$1/sqft
Source: Zillow Rental Manager Report a problem
12/30/2008	Sold	$150,000$57/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #1281659 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,492 +3.4%	$377,400 +6%
2024	$6,278 +2.5%	$356,000 -7.5%
2023	$6,128 -8.1%	$385,000 +3.2%
2022	$6,666 +16.3%	$373,000 -2.1%
2021	$5,731 -5.7%	$381,000 +10%
2020	$6,074 +6%	$346,500 +2.1%
2019	$5,731 -5.7%	$339,500 +10%
2018	$6,074 +17.4%	$308,500 +21.9%
2017	$5,176 +6.5%	$253,000 +15.8%
2016	$4,861 +6.7%	$218,500 -9.9%
2015	$4,556 -9.7%	$242,500 +14.9%
2014	$5,043 +4.9%	$211,000
2013	$4,808 +1.2%	$211,000 -4.1%
2012	$4,748 +31.3%	$220,000 +25.7%
2011	$3,617 +33%	$175,000 +16.7%
2010	$2,718 -34.2%	$150,000 -47.7%
2009	$4,131 +39.3%	$287,000 +36.3%
2006	$2,966 +17.7%	$210,500 +19.3%
2005	$2,520 +12.5%	$176,500 +18.9%
2004	$2,241 +18.8%	$148,500 +17.9%
2002	$1,887 -64%	$126,000
2001	$5,239	--