268 DAYTON AVE

PID: 012823120035· 2 fields stubbed (see below)

Property Overview

Parcel ID012823120035

Lot Size84,071 sq ft (1.910 ac)

Lot Dimensions (est.)364 ft wide × 231 ft deep

Year Built1904

Property ClassAPARTMENTS 50-99 RENTAL UNITS

OwnerCB CATHEDRAL HILL LIMITED PARTNERSHIP

Assessed Value$10,271,200

Land Value$1,200,000

Building Value$9,071,200

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

37 permits on record since 2015 · $5.1M total declared value · Most recent: Jan 2025 (plumbing)

PlumbingJan 2025Finaled

$14K

JAYHAWK MECHANICAL INC

MechanicalApr 2016Finaled

$6K

TOM MOORE ASSOCIATED MECH CONTRACTORS INC

MechanicalApr 2016Finaled

$6K

TOM MOORE ASSOCIATED MECH CONTRACTORS INC

MechanicalApr 2016Finaled

$6K

TOM MOORE ASSOCIATED MECH CONTRACTORS INC

MechanicalApr 2016Finaled

$6K

TOM MOORE ASSOCIATED MECH CONTRACTORS INC

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 width354 ft

Buildable depth191 ft

Area~60,975 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 5-over-1 podium (12–50 units) benchmarks for 60,975 sqft buildable area.

Est. units

446

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
250 DAYTON AVE	244 DAYTON LLC	RESID/EXEMPT VACANT LAND	$122,300	203 ft
249 SELBY AVE	CATHEDRAL OF ST PAUL	EXEMPT, CHURCH, PUBLIC WORSHIP, PRIV	$138,200	217 ft
170 NINA ST	DENNIS HANOLD BARBARA KUCERA	TWIN HOME	$518,200	218 ft
248 DAYTON AVE	244 DAYTON LLC	APARTMENTS 4-6 RENTAL UNITS	$582,000	233 ft
0 SELBY AVE	SUMMIT PLACE MASTER ASSC II	COMMERCIAL VACANT LAND	$30,100	233 ft
0 SELBY AVE	L AND S OFFICE SERVICES INC	RESIDENTIAL, VACANT LAND, LOT	$5,300	235 ft
286 DAYTON AVE 1-E	SANDRA JOY OLSON TR	CONDO	$273,900	236 ft
286 DAYTON AVE 2E	SUSAN L WOLF	CONDO	$273,900	236 ft
286 DAYTON AVE 2W	JULIE A FASCIANA	CONDO	$277,200	236 ft
286 DAYTON AVE 286-3	NEAL FRANTZEN	CONDO	$267,100	236 ft

Property History

Most Recent Sale

Date2015-07-29

Price$1,333,840

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.