545 SUMMIT AVE

PID: 012823230181· 2 fields stubbed (see below)

Property Overview

Parcel ID012823230181

Lot Size13,504 sq ft (0.320 ac)

Lot Dimensions (est.)80 ft wide × 169 ft deep

Year Built1888

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerHILLSIDE SUITES LLC

Assessed Value$921,000

Land Value$120,000

Building Value$801,000

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

2 permits on record since 2022 · $21K total declared value · Most recent: Nov 2022 (building permit)

Building PermitNov 2022Active/Issued

$20K

AMERICAN PRIDE CONSTRUCTION LLC

Warm Air, Ventilation & General SheetAug 2022Finaled

$1K

JOHN WEINHANDL TJ RADON 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

H1Residential

Residential — small-scale multi-unit housing (up to 4 units)

Typical Uses

·Single-family homes
·Duplexes
·Triplexes
·4-unit buildings

Max Height35 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 width70 ft

Buildable depth149 ft

Area~9,065 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 9,065 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
555 SUMMIT AVE 4	JOSEPH A PORTO JR CHRISTOPHER J PORTO	CONDO	$180,900	83 ft
555 SUMMIT AVE 1	ANDREA C WOLLENBERG	CONDO	$363,000	83 ft
559 SUMMIT AVE 3	JANEY GOHL	CONDO	$214,000	83 ft
557 SUMMIT AVE 2	ALLAN J HAUCK TANYA L HAUCK	CONDO	$452,000	83 ft
20 KENT ST	ALLYSON BONE STEVEN BONE	TWIN HOME	$652,000	104 ft
542 PORTLAND AVE	SARAH WILLERSCHEIDT MARCUS WILLERSCHEIDT	THREE FAMILY DWELLING, PLATTED LOT	$1,123,200	117 ft
0 KENT ST	PATRICIA ANNE VOJE TRUST	RESIDENTIAL, OTHER	$7,900	118 ft
533 SUMMIT AVE	PROSPECT NORTH LLC	APARTMENTS 4-6 RENTAL UNITS	$725,300	127 ft
22 KENT ST	PATRICIA ANNE VOJE TRUST	TWIN HOME	$760,400	141 ft
544 PORTLAND AVE 2	EMILY KIPPELS	CONDO	$224,700	152 ft

Property History

Most Recent Sale

Date2022-03-03

Price$800,000

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.