340 MARSHALL AVE

PID: 012823120023· 2 fields stubbed (see below)

Property Overview

Parcel ID012823120023

Lot Size10,019 sq ft (0.240 ac)

Lot Dimensions (est.)101 ft wide × 99 ft deep

Year Built1966

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerG&L PROPERTIES LLC

Assessed Value$632,000

Land Value$140,000

Building Value$492,000

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

1 permit on record since 2018 · Most recent: Apr 2018 (building permit)

Building PermitApr 2018Finaled

—

KEVIN HAUGTVEDT A PLUS WINDOWS

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 width91 ft

Buildable depth59 ft

Area~3,246 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 3-story wood frame (5–12 units) benchmarks for 3,246 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
222 VIRGINIA ST	FOUR CORNERS PROPERTIES OF MN LLC	TWO FAMILY DWELLING - UP/DWN	$555,800	81 ft
325 DAYTON AVE	MF LEGACY GROUP LLC	MIXED RESID/COMMERCIAL	$2,143,900	127 ft
341 DAYTON AVE	JULIA S BURGESS TR WADE M BURGESS TR	SINGLE FAMILY DWELLING, PLATTED LOT	$1,345,500	129 ft
223 FARRINGTON ST	ERIC T SCOTT LAUREN SMITH	CONDO	$335,900	134 ft
225 FARRINGTON ST	RANDALL THOMSON ELLEN M THOMSON	CONDO	$316,000	134 ft
317 MARSHALL AVE	MN STATE COLLEGES AND UNIV	EXEMPT PROP. OWNED BY STATE OF MN	$2,674,600	189 ft
219 VIRGINIA ST	22 WESTERN LLC	APARTMENTS 7-19 RENTAL UNITS	$898,500	217 ft
203 VIRGINIA ST	REJUV A HOME INC	APARTMENTS 7-19 RENTAL UNITS	$2,606,200	252 ft
312 MARSHALL AVE	JAMES M BATTIATO TR	SINGLE FAMILY DWELLING, PLATTED LOT	$836,000	264 ft
315 DAYTON AVE	JASON ROSS JULIE M DUCKSTAD	SINGLE FAMILY DWELLING, PLATTED LOT	$467,700	288 ft

Property History

Most Recent Sale

Date2022-07-21

Price$875,000

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.