432 SUMMIT AVE

PID: 012823310172· 2 fields stubbed (see below)

Property Overview

Parcel ID012823310172

Lot Size45,302 sq ft (1.050 ac)

Lot Dimensions (est.)150 ft wide × 199 ft deep

Year Built1862

Property ClassAPARTMENTS 4-6 RENTAL UNITS

Owner432 SUMMIT LLC

Assessed Value$1,265,700

Land Value$483,000

Building Value$782,700

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 2019 · $12K total declared value · Most recent: Apr 2025 (building permit)

Building PermitApr 2025Active/Issued

$10K

Donald Jones Capital Carpentry LLC

PlumbingJan 2019Finaled

$2K

GARDNER PLUMBING LLC

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Summit Hill Association · 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

H2Residential

Residential — medium-density multi-unit housing (up to 5 units)

Typical Uses

·Apartment buildings (up to 5 units)
·Duplexes
·Townhomes

Max Height39 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 width140 ft

Buildable depth179 ft

Area~37,261 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 37,261 sqft buildable area.

Est. units

131

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
426 SUMMIT AVE	426 LLC	MIXED RESID/COMMERCIAL	$492,800	124 ft
442 SUMMIT AVE 1	JORGE DELGADO	CONDO	$387,800	160 ft
442 SUMMIT AVE 4	KATHRYN LEHINGER	CONDO	$366,200	160 ft
442 SUMMIT AVE 6	DARIA D HUNTER	CONDO	$335,400	160 ft
11 SUMMIT CT 13	JEAN L HENZE	CONDO	$348,900	160 ft
11 SUMMIT CT 15	NICHOLAS ALLEN	CONDO	$300,300	160 ft
442 SUMMIT AVE 2	SARA TALL	CONDO	$347,300	160 ft
442 SUMMIT AVE 3	THOMAS W SPENCE DOROTHY J SPENCE	CONDO	$387,800	160 ft
11 SUMMIT CT 16	SEAN H TULIEN	CONDO	$318,800	160 ft
442 SUMMIT AVE 8	ERICA EDEN MCLEAN	CONDO	$395,400	160 ft

Property History

Most Recent Sale

Date2001-07-12

Price$281,000

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.