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3640 Aldrich Ave

Minneapolis, MN 55409

8 bd 4 ba 3,474 sqft Built 1960 Lot 5,227 sqft multi_family
Most recent sale
$770,000
Feb 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 1, 2024 Sold $735,000 NorthstarMLS
Feb 13, 2023 Listed $1,200,000 NorthstarMLS
Jul 17, 2022 Price changed $889,000 MLS #6181240
Apr 29, 2022 Listed $1,000,000 MLS #6181240
Feb 2, 2022 Sold $770,000 Public Record
Feb 10, 2021 Sold $520,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $589,500 $135,500 $725,000 $11,740
2023 $607,800 $135,500 $743,300 $11,966
2022 $481,000 $135,500 $616,500 $10,472
2021 $481,000 $135,500 $616,500 $10,330
2020 $481,000 $135,500 $616,500 $10,847
2019 $463,000 $135,500 $598,500 $9,481
2018 $397,300 $109,700 $507,000 $8,741
2017 $351,300 $109,700 $461,000 $8,004
2016 $327,300 $99,700 $427,000 $7,503
2015 $288,300 $99,700 $388,000 $6,848
2014 $237,800 $99,700 $337,500 $6,412
2013 $210,500 $83,100 $293,600 $6,457
2012 $230,100 $63,900 $294,000 $6,978
2011 $262,600 $63,900 $326,500 $6,657
2010 $262,600 $63,900 $326,500 $6,762
2009 $316,100 $63,900 $380,000 $7,197
2008 $336,100 $63,900 $400,000 $8,184
2007 $399,600 $59,400 $459,000 $7,680

Property facts

Year built
1960
Property type
multi_family
Stories
2
Beds
8
Baths
4
Living area
3,474 sqft
Lot size
5,227 sqft
ZIP code
55409
City
Minneapolis
Street
Aldrich Ave
Coordinates
44.93637, -93.28986

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,211
Gross rental yield
8.12%
Implied cap rate
5.28%
Trend-extrapolated value

Frequently asked questions

When did 3640 Aldrich Ave last sell?
3640 Aldrich Ave most recently sold on Feb 2, 2022 for $770,000.
What is the current tax assessment for 3640 Aldrich Ave?
The most recent total assessment for 3640 Aldrich Ave (year 2024) is $725,000 with $11,740 in property tax.
How does 3640 Aldrich Ave's assessment compare to its last sale price?
The current assessment is 5.8% below the last sale price of $770,000.
When was 3640 Aldrich Ave built?
3640 Aldrich Ave was built in 1960.
How does 3640 Aldrich Ave compare to others on Aldrich Ave?
We track 8 other properties on Aldrich Ave. Browse the list under "Other properties on Aldrich Ave" to compare beds, baths, and sale history.
What are the property facts for 3640 Aldrich Ave?
3640 Aldrich Ave is a 8 bed, 4 bath, 3,474 sqft, 5,227 sqft lot multi_family.
Is 3640 Aldrich Ave a flip candidate?
Yes — 3640 Aldrich Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3640 Aldrich Ave a tax-appeal candidate?
No — 3640 Aldrich Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.9%
Implied 1-yr
-11.7%
2026 Q3
$421.9K
2026 Q4
$421.9K
ZIP 55409 — Median Price History + Forecast

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