344 SUMMIT AVE

PID: 012823130056· 2 fields stubbed (see below)

Property Overview

Parcel ID012823130056

Lot Size52,708 sq ft (1.170 ac)

Lot Dimensions (est.)301 ft wide × 175 ft deep

Year Built1915

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerEDWARD RUPP PAULA RUPP

Assessed Value$1,400,000

Land Value$474,400

Building Value$925,600

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

25 permits on record since 2015 · $376K total declared value · Most recent: Jun 2025 (building permit)

Building PermitJun 2025Active/Issued

$62K

Donald Jones Capital Carpentry LLC

Building PermitApr 2025Finaled

$5K

EDWARD RUPP

PlumbingJan 2025Finaled

$1K

GARDNER PLUMBING LLC

ElectricalJan 2025Finaled

$5K

L & J ELECTRICAL LLC

PlumbingNov 2024Finaled

$3K

GARDNER PLUMBING LLC

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 rent1,151/mo

Renter-occupied49.5%

Median home value$404K

Vacancy rate10.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 358

Zoning

H2Residential

Residential — medium-density multi-unit housing (up to 5 units)

Typical Uses

·Apartment buildings (up to 5 units)
·Duplexes
·Townhomes

Max Height39 ft

Min Setbacks

Front

10 ft

Side

5 ft

Rear

10 ft

Development Potential

Setbacks

Front10 ft

Side (each)5 ft

Rear10 ft

Estimated Buildable Footprint

Buildable width291 ft

Buildable depth155 ft

Area~41,452 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 41,452 sqft buildable area.

Est. units

146

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
340 SUMMIT AVE	CHADWICK L DAYTON MARGARET H DAYTON	SINGLE FAMILY DWELLING, PLATTED LOT	$2,448,800	135 ft
360 SUMMIT AVE	CAROL JOHNSON	SINGLE FAMILY DWELLING, PLATTED LOT	$855,900	150 ft
362 SUMMIT AVE 2-E	PAUL J TSCHIDA JANE C TSCHIDA	CONDO	$417,000	153 ft
362 SUMMIT AVE	PAUL J TSCHIDA JANE C TSCHIDA	CONDO GARAGE	$1,900	153 ft
364 SUMMIT AVE 2-W	JOHN M LOBAN	CONDO	$411,000	153 ft
362 SUMMIT AVE	ERIC LEIN ALISA LEIN	CONDO GARAGE	$1,900	153 ft
362 SUMMIT AVE 1E	ROBERT K GRENNIER	CONDO	$425,000	153 ft
364 SUMMIT AVE 1W	JOHN MICHAEL LOBAN	CONDO	$431,100	153 ft
339 IRVINE AVE	339 IA LLC	THREE FAMILY DWELLING, PLATTED LOT	$559,700	175 ft
333 IRVINE AVE	MARTA E SYNESIOU	SINGLE FAMILY DWELLING, PLATTED LOT	$944,500	221 ft

Property History

Most Recent Sale

Date2025-01-17

Price$2,400,000

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.