231 DAYTON AVE

PID: 012823110026· 2 fields stubbed (see below)

Property Overview

Parcel ID012823110026

Lot Size6,970 sq ft (0.160 ac)

Lot Dimensions (est.)60 ft wide × 116 ft deep

Year Built1926

Property ClassAPARTMENTS 20-49 RENTAL UNITS

OwnerGOLDLAND GROUP LLC

Assessed Value$1,687,200

Land Value$400,000

Building Value$1,287,200

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Saint Paul — 4d Affordable Housing Incentive ↗

Potential programs

Saint Paul STAR Grants & LoansMedium

Saint Paul's Sales Tax Revitalization (STAR) program provides grants and loans for commercial, mixed-use, and neighborhood improvement projects. Applications accepted annually.

Saint Paul — STAR Program ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2024 · $50K total declared value · Most recent: Mar 2025 (warm air, ventilation & general sheet)

Warm Air, Ventilation & General SheetMar 2025Finaled

$2K

Kristen Scharbach Quality Trusted Commercial Construction & Roofing

Building PermitSep 2024Finaled

$48K

Kristen Scharbach Quality Trusted Commercial Construction & Roofing

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Summit-University Planning Council · Saint Paul

Median reported rent1,124/mo

Renter-occupied61.5%

Median home value$295K

Vacancy rate5.4%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 340

Zoning

RM2Medium-Density Multiple-Family Residential

Multi-family Residential 2 — medium-intensity apartment (5 stories max)

Typical Uses

·Mid-rise apartments
·Condominiums
·Assisted living
·Nursing homes

Max Height50 ft

Min Setbacks

Front

25 ft

Side

9 ft

Rear

25 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width50 ft

Buildable depth76 ft

Area~1,523 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 1,523 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
232 MARSHALL AVE	CHDC RAMSEY HILL LLC	APARTMENTS 7-19 RENTAL UNITS	$1,840,300	116 ft
241 DAYTON AVE	IVAN LOPEZ CORTES	THREE FAMILY DWELLING, PLATTED LOT	$554,400	120 ft
226 MARSHALL AVE	PAUL ZENNER LORRI STEFFEN	APARTMENTS 4-6 RENTAL UNITS	$650,000	131 ft
220 MARSHALL AVE 2	KATHLEEN L KANNE	CONDO	$145,900	189 ft
220 MARSHALL AVE 4	FIONA S CUSHNER	CONDO	$141,000	189 ft
220 MARSHALL AVE 6	IGOR DUKIC	CONDO	$152,100	189 ft
220 MARSHALL AVE 8	RONALD A POGUE	CONDO	$141,000	189 ft
220 MARSHALL AVE 5	YOLANDA C LAMOTHE HERNANDEZ	CONDO	$145,900	189 ft
220 MARSHALL AVE 1	PATRICIA BOYD	CONDO	$145,900	189 ft
220 MARSHALL AVE 7	ALISON WOYCHEK	CONDO	$193,700	189 ft

Property History

Most Recent Sale

Date2014-06-09

Price$1,545,000

Type—

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount. See README for details on which sources are live vs. stubbed.