385 ASHLAND AVE

PID: 012823240011· 2 fields stubbed (see below)

Property Overview

Parcel ID012823240011

Lot Size6,534 sq ft (0.150 ac)

Lot Dimensions (est.)120 ft wide × 54 ft deep

Year Built1885

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerSTANLEY E RUPPE II MARIETTA M RUPPE

Assessed Value$642,600

Land Value$100,000

Building Value$542,600

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

2 permits on record since 2020 · $4K total declared value · Most recent: Nov 2024 (electrical)

ElectricalNov 2024Finaled

$4K

ACCREDITED ELECTRICAL SOLUTIONS LLC

ElectricalApr 2020Finaled

$245

Gina Carlson CARLSON & SONS 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 rent1,172/mo

Renter-occupied59.0%

Median home value$399K

Vacancy rate4.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 355

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 width110 ft

Buildable depth14 ft

Area~1,114 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 sfr / adu benchmarks for 1,114 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
0 ASHLAND AVE	GEORGE MASTROGIORGIS	RESIDENTIAL, VACANT LAND, LOT	$9,400	36 ft
115 WESTERN AVE N 2-N	KATHY SCHOENBERGER	CONDO	$337,000	81 ft
115 WESTERN AVE N 3 N	CANDY A SCHNEPF	CONDO	$314,200	81 ft
111 WESTERN AVE N 3-S	BARBARA A TUCKNER	CONDO	$298,800	81 ft
115 WESTERN AVE N 2M	AUDREY HAPKA	CONDO	$235,000	81 ft
111 WESTERN AVE N 2-S	DAVID J REEDER KATHLEEN M REEDER	CONDO	$368,900	81 ft
115 WESTERN AVE N 3-M	CAROLINE MUSKE	CONDO	$255,700	81 ft
115 WESTERN AVE N 1M	JACQUELINE M VAALE	CONDO	$297,400	81 ft
115 WESTERN AVE N 1-N	PAUL GAMBLE JANA KELLEY	CONDO	$294,000	81 ft
111 WESTERN AVE N 1-S	BRIDGET K KRAMER	CONDO	$278,600	81 ft

Property History

Most Recent Sale

Date2024-08-02

Price$600,000

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.