562 HOLLY AVE

PID: 012823230097· 2 fields stubbed (see below)

Property Overview

Parcel ID012823230097

Lot Size8,712 sq ft (0.200 ac)

Lot Dimensions (est.)63 ft wide × 139 ft deep

Year Built1925

Property ClassAPARTMENTS 20-49 RENTAL UNITS

OwnerPAUL ZENNER LORRI STEFFEN

Assessed Value$1,890,700

Land Value$400,000

Building Value$1,490,700

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

No permits found in Saint Paul open data for this parcel.

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

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 width53 ft

Buildable depth99 ft

Area~2,128 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 2,128 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
568 HOLLY AVE	EMK HOLDING CO LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$638,600	73 ft
578 HOLLY AVE	LAUREL H LEIN ERIC M LEIN	APARTMENTS 7-19 RENTAL UNITS	$1,090,600	152 ft
555 PORTLAND AVE	ST JOHN THE EVANGELIST	EXEMPT, CHURCH, PUBLIC WORSHIP, PRIV	$3,700,200	157 ft
565 PORTLAND AVE 203	JENNIFER ROCCO C/O MCGRATH PROPERTIES	CONDO	$122,000	161 ft
565 PORTLAND AVE 204	NANG TRI TAN THU HUONG TRAN	CONDO	$122,000	161 ft
565 PORTLAND AVE 104	ANDREW A STEVENSON AMBER J P STEVENSON	CONDO	$122,000	161 ft
565 PORTLAND AVE 106	TERRANCE P MCGRATH JANE A MCGRATH	CONDO	$122,000	161 ft
565 PORTLAND AVE 101	TERRANCE P MCGRATH JANE A MCGRATH	CONDO	$122,000	161 ft
565 PORTLAND AVE 105	TERRY P MCGRATH JANE A MCGRATH	CONDO	$123,100	161 ft
565 PORTLAND AVE 302	ELIZABETH J ROCCO	CONDO	$123,100	161 ft

Property History

Most Recent Sale

Date2010-11-17

Price$1,340,000

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.