0 PORTLAND AVE

PID: 012823230105· 3 fields stubbed (see below)

Property Overview

Parcel ID012823230105

Lot Size9,148 sq ft (0.210 ac)

Lot Dimensions (est.)67 ft wide × 136 ft deep

Year Built—(stub)

Property ClassAPARTMENT VACANT LAND

OwnerD & B PORTLAND LLC

Assessed Value$66,200

Land Value$66,200

Building Value$0

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 width57 ft

Buildable depth96 ft

Area~2,615 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 2,615 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
609 PORTLAND AVE	TOWER PAINT PROTECTOR LLC	APARTMENTS 4-6 RENTAL UNITS	$671,400	60 ft
605 PORTLAND AVE	SCOTT M TAPIO TR MARYHELEN J TAPIO TR	APARTMENTS 7-19 RENTAL UNITS	$1,006,000	113 ft
625 PORTLAND AVE	BENJAMIN R SNOOK SARAH M SNOOK	TWO FAMILY DWELLING - UP/DWN	$648,600	145 ft
49 DALE ST N	TIFFANY MONIQUE VICTORIA ENGELSMITH ANDREW J ENGELSMITH	SINGLE FAMILY DWELLING, PLATTED LOT	$506,200	149 ft
608 HOLLY AVE	SELBY WILKINS LLLP	APARTMENTS 4-6 RENTAL UNITS	$1,041,900	163 ft
599 PORTLAND AVE	JANE M MCGRATH	TWO FAMILY DWELLING - UP/DWN	$437,800	163 ft
53 DALE ST N	LUCKY LEE	TWO FAMILY DWELLING - UP/DWN	$396,500	172 ft
57 DALE ST N	MICHELE QUATTRIN KEVIN QUATTRIN	SINGLE FAMILY DWELLING, PLATTED LOT	$456,700	192 ft
604 HOLLY AVE	JOSEPH M GRUNNET STACY M GRUNNET	APARTMENTS 7-19 RENTAL UNITS	$932,900	196 ft
629 PORTLAND AVE	ROBERT DEGIDIO	TWO FAMILY DWELLING - UP/DWN	$535,800	202 ft

Property History

Most Recent Sale

Date2021-08-03

Price$6,200,000

Type—

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount, yearBuilt. See README for details on which sources are live vs. stubbed.