421 ASHLAND AVE

PID: 012823240017· 2 fields stubbed (see below)

Property Overview

Parcel ID012823240017

Lot Size6,970 sq ft (0.160 ac)

Lot Dimensions (est.)51 ft wide × 136 ft deep

Year Built1917

Property ClassAPARTMENTS 7-19 RENTAL UNITS

Owner1696 ASHLAND AVENUE LLC

Assessed Value$1,175,500

Land Value$220,000

Building Value$955,500

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 rent1,172/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 width41 ft

Buildable depth96 ft

Area~1,018 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 1,018 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
417 ASHLAND AVE	SARAH M HOULE JOHNS GEORGE R A JOHNS	TWO FAMILY DWELLING - UP/DWN	$519,200	50 ft
431 ASHLAND AVE	JEFFREY L KNUTSON LOIS J KNUTSON	SINGLE FAMILY W/ACCESSORY UNIT	$865,200	77 ft
409 ASHLAND AVE	CATHEDERAL HILL APARTMENTS LLC	APARTMENTS 7-19 RENTAL UNITS	$849,100	100 ft
405 ASHLAND AVE	CURTIS CARL CARR	SINGLE FAMILY W/ACCESSORY UNIT	$341,700	149 ft
416 LAUREL AVE	MARGARET L OHARA TR DOUGLAS P MACKAMAN TR	SINGLE FAMILY DWELLING, PLATTED LOT	$764,700	156 ft
433 ASHLAND AVE 1	KAREN M LYONS	CONDO	$231,700	162 ft
433 ASHLAND AVE 3	SUZANNE W YEAGER JESSE A YEAGER	CONDO	$221,900	162 ft
433 ASHLAND AVE 2	ERNESTO CAPELLO JESSICA L PEARSON	CONDO	$341,800	162 ft
433 ASHLAND AVE 4	ANH COOPER	CONDO	$182,700	162 ft
422 LAUREL AVE	KARISSA A KERR	SINGLE FAMILY W/ACCESSORY UNIT	$1,264,400	163 ft

Property History

Most Recent Sale

Date2021-04-07

Price$1,400,000

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.