369 LAUREL AVE

PID: 012823120149· 2 fields stubbed (see below)

Property Overview

Parcel ID012823120149

Lot Size11,761 sq ft (0.270 ac)

Lot Dimensions (est.)71 ft wide × 166 ft deep

Year Built1919

Property ClassAPARTMENTS 20-49 RENTAL UNITS

OwnerLOR WEST APARTMENTS LP

Assessed Value$2,561,800

Land Value$520,000

Building Value$2,041,800

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 2019 · $77K total declared value · Most recent: Apr 2019 (building permit)

Building PermitApr 2019Finaled

$77K

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 rent1,172/mo

Renter-occupied59.0%

Median home value$399K

Vacancy rate4.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 355

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 width61 ft

Buildable depth126 ft

Area~3,866 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 3,866 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
136 WESTERN AVE N	LOR WEST APARTMENTS LP	APARTMENTS 20-49 RENTAL UNITS	$2,567,600	70 ft
361 LAUREL AVE	ALICIA N BURRIS THOMAS T WOODWARD	SINGLE FAMILY DWELLING, PLATTED LOT	$849,000	89 ft
143 VIRGINIA ST	STEVEN W HENDRICK TR CYNTHIA K HENDRICK TR	SINGLE FAMILY W/ACCESSORY UNIT	$979,400	105 ft
149 VIRGINIA ST	149 VIRGINIA LLC	APARTMENTS 20-49 RENTAL UNITS	$2,684,900	141 ft
355 LAUREL AVE	KRISTEN L HINDT RAAJIN ARNACHELLUM	SINGLE FAMILY DWELLING, PLATTED LOT	$823,100	150 ft
366 SELBY AVE 10	DACBLD LLC	CONDOMINIUM OFFICE UNIT	$105,200	196 ft
366 SELBY AVE 11	DACBLD LLC	CONDOMINIUM OFFICE UNIT	$173,200	196 ft
366 SELBY AVE 12	DACBLD LLC	CONDOMINIUM OFFICE UNIT	$959,800	196 ft
366 SELBY AVE 2	DACBLD LLC	RETAIL CONDOMINIUM	$229,400	196 ft
366 SELBY AVE 6B	DACBLD LLC	CONDOMINIUM OFFICE UNIT	$47,700	196 ft

Property History

Most Recent Sale

Date1994-09-01

Price$944,999

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.