RealtyLens
for saleRealtyLens property overview
$550,000

5609 Aldrich Ave S

Minneapolis, MN, 55419
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4Beds
2Baths
2,260Sqft
$243$/sqft

Listing Notes

Beautifully maintained and full of charm, this spacious 4 bedroom, 2 bathroom home offers an exceptional blend of classic character, thoughtful updates, and rare outdoor space in a prime South Minneapolis location. Situated on a private, beautifully manicured deep lot, this property offers a backyard setting that is truly unique for Minneapolisbe sure to walk all the way to the rear of the lot to fully appreciate the incredible depth, green space, and privacy. Inside, the home showcases beautifully refinished hardwood floors, fresh new carpet throughout (2024), and two inviting fireplaces including a fully functional main level wood-burning fireplace with updated venting and liner, plus a cozy gas fireplace in the lower level that serves as a favorite gathering space. The spacious layout offers comfortable living areas, four well-sized bedrooms, and two bathrooms designed for everyday functionality. The oversized 2.5 car garage provides abundant room for vehicles, storage, tools, and hobby space. Outdoor improvements include an irrigation system servicing both front and back lawns as well as garden beds, along with beautiful landscape lighting on a timer for added evening ambiance. Major exterior peace of mind comes with a brand new roof installed in 2025. Located close to parks, shopping, dining, and city conveniences, this move-in ready home combines warmth, practicality, and one of the most impressive yard settings you will find in Minneapolis.

Market Insights

Below nearby median-12%

$243/sqft vs a nearby median of $276/sqft.

Nearby median$276/sqft
Nearby properties8
Property size2,260 sqft
  • -12% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,260 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$619k$563k$675k · 50% confidence
vs ask $550k−$69k (−12.5%)

Asking price is about 12.5% below the fair value — likely to draw competing offers if it's still on market.

$278/sqft median across 7 tight comps × 2,260 sqft= $628k
  • Sparse street life−$9k −1.5%
Cumulative NYC adjustments−$9k−1.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-12% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
8 days
Last price change
No change recorded
Listed
May 4, 2026
Photos
47 photos
Property type
single family
Status
for sale
Last sold
Sep 26, 2008 · $374,900
Garage
2 spaces

Features & Amenities

Central AirOutdoor SpaceSecurity FeaturesDishwasherFamily RoomFireplaceForced AirHardwood FloorsWasher DryerBasementSingle StoryGarage 1 Or MoreGarage 2 Or MoreNew RoofDenParkShopping

Photos

Price History

May 8, 2026Initial record
$550,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.