578 HOLLY AVE

PID: 012823230099· 2 fields stubbed (see below)

Property Overview

Parcel ID012823230099

Lot Size10,454 sq ft (0.240 ac)

Lot Dimensions (est.)76 ft wide × 137 ft deep

Year Built1890

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerLAUREL H LEIN ERIC M LEIN

Assessed Value$1,090,600

Land Value$200,000

Building Value$890,600

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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 width66 ft

Buildable depth97 ft

Area~3,444 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 3,444 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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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	79 ft
586 HOLLY AVE	LAUREL H LEIN ERIC M LEIN	APARTMENTS 20-49 RENTAL UNITS	$3,675,600	87 ft
562 HOLLY AVE	PAUL ZENNER LORRI STEFFEN	APARTMENTS 20-49 RENTAL UNITS	$1,890,700	152 ft
581 PORTLAND AVE	JAMES B HOVE JR KAREN J KINGSLEY	SINGLE FAMILY DWELLING, PLATTED LOT	$1,018,100	161 ft
596 HOLLY AVE	THOMAS ANDREW ROBERTSON JESSI ROBERTSON	SINGLE FAMILY DWELLING, PLATTED LOT	$593,300	163 ft
575 PORTLAND AVE	JESSE R ORMAN	SINGLE FAMILY DWELLING, PLATTED LOT	$790,100	165 ft
585 PORTLAND AVE	PAUL ZENNER LORRI STEFFEN	SINGLE FAMILY DWELLING, PLATTED LOT	$922,500	172 ft
569 PORTLAND AVE	CROCUS HILL LLC	APARTMENTS 20-49 RENTAL UNITS	$2,347,400	186 ft
589 PORTLAND AVE	GRACE ELIZABETH CHANDLER	SINGLE FAMILY DWELLING, PLATTED LOT	$790,600	195 ft
579 HOLLY AVE	PAUL ZENNER LORRI STEFFEN	TWO FAMILY DWELLING - UP/DWN	$396,900	210 ft

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.