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3429 Aldrich Ave S, Minneapolis, MN, 55408

3beds
2baths
1,623sqft
$374,900
$231price/sqft
$2,872/moest. monthly cost
$114,880/yrincome needed

About This Home

This fully updated South Uptown duplex offers a clean, turnkey opportunity for owner-occupants or investors. Every space has been refreshed with new flooring, fresh paint, and updated lighting throughout. Both units feature open floor plans and renovated kitchens outfitted with brand-new cabinets and appliances. The main-level unit includes 2 bedrooms and 1 bath, while the bright upper unit offers 1 bedroom and 1 bath. Practical upgrades include new windows, freshly painted front and back porches, and separate washer/dryer sets in each unit. The mechanicals are set up seamlessly with split electrical utilities and individual 100-amp panels. Roof replaced in 2025. Located in a highly walkable neighborhood, the property sits just blocks from local parks, shops, restaurants, and Bde Maka Ska.

Getting Around

86
WalkingVery Walkable
57
TransitGood Transit
91
BikeBiker's Paradise

Schools

6/10
3/10
North Academy Senior HighGrades 9-123.8 mi

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Age 8 Years or Less,Asphalt,Pitched
  • Construction materials: Frame,Stone

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex Up and Down

Interior

Appliances

  • Laundry features: Main Level,In Unit,Upper Level

Basement

  • Has basement: Yes
  • Basement: Daylight,Full,Storage Space,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,623

Heating

  • Heating features: Baseboard

Interior Area

  • Total structure area: 2,622
  • Total interior livable area: 1,623 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0402824410088
  • Zoning description: Residential-Multi-Family
  • Foundation area: 999

Features

  • Levels: Two
  • Pool features: None
  • Patio & porch: Porch,Rear Porch
  • Fencing: Chain Link,Partial

Lot

  • Lot size: 4,791 sqft
  • Features: Near Public Transit,Infill Lot,Tree Coverage - Light
  • Lot size dimensions: 42 x 118

Parking

  • Parking features: Gravel

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Tornado
Winter Weather

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,895$22,740
Home Insurance *$286$3,432
Property Taxes $521$6,252
Electricity $170$2,050
Total$2,872$34,464
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$98,468/yr
40% on housing$86,160/yr
45% on housing$76,586/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$231This listing

vs Other Active Listings

Avg $/sqft

ZIP 55408$163
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55408$255
Hennepin County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-22Price change$374,900
2026-06-25Price change$385,000
2026-06-10Listed for sale$399,900
2020-04-20Sold$105,606
2019-12-10Sold$24,003

For Sale by Agent

AgentKyle Babcock
BrokerageRE/MAX Results

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