443 ASHLAND AVE

PID: 012823240023· 2 fields stubbed (see below)

Property Overview

Parcel ID012823240023

Lot Size10,890 sq ft (0.250 ac)

Lot Dimensions (est.)76 ft wide × 144 ft deep

Year Built1925

Property ClassAPARTMENTS 50-99 RENTAL UNITS

OwnerASHLAND PROPERTY LLC

Assessed Value$4,322,200

Land Value$1,140,000

Building Value$3,182,200

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

1 permit on record since 2022 · $8K total declared value · Most recent: Oct 2022 (building permit)

Building PermitOct 2022Finaled

$8K

GOODMANSON CONSTRUCTION INC

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 width66 ft

Buildable depth104 ft

Area~3,569 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 3,569 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
453 ASHLAND AVE	GENE A NELSON MAUREEN NOVAK	SINGLE FAMILY W/ACCESSORY UNIT	$1,172,600	78 ft
433 ASHLAND AVE 1	KAREN M LYONS	CONDO	$231,700	140 ft
433 ASHLAND AVE 3	SUZANNE W YEAGER JESSE A YEAGER	CONDO	$221,900	140 ft
433 ASHLAND AVE 2	ERNESTO CAPELLO JESSICA L PEARSON	CONDO	$341,800	140 ft
433 ASHLAND AVE 4	ANH COOPER	CONDO	$182,700	140 ft
457 ASHLAND AVE	SUSAN OKEEFE WETHINGTON JOSEPH G WETHINGTON	TWIN HOME	$697,400	141 ft
455 ASHLAND AVE	AIMEE L HANSON	TWIN HOME	$522,600	145 ft
457 ASHLAND AVE	JOSEPH WETHINGTON	RESIDENTIAL, OTHER	$59,300	151 ft
444 LAUREL AVE	JEREMY ORDEMANN WHITNEY ORDEMANN	SINGLE FAMILY DWELLING, PLATTED LOT	$888,100	157 ft
452 LAUREL AVE	RODDEN TURNER	SINGLE FAMILY DWELLING, PLATTED LOT	$515,900	184 ft

Property History

Most Recent Sale

Date1996-08-09

Price$620,000

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.