601 LINCOLN AVE

PID: 012823320083· 2 fields stubbed (see below)

Property Overview

Parcel ID012823320083

Lot Size9,148 sq ft (0.210 ac)

Lot Dimensions (est.)61 ft wide × 150 ft deep

Year Built1884

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerLINCOLN OAKS LLC

Assessed Value$601,200

Land Value$160,000

Building Value$441,200

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

2 permits on record since 2018 · $3K total declared value · Most recent: Mar 2025 (electrical)

ElectricalMar 2025Finaled

$3K

Brian Lyons Electric, Fire & Security

ElectricalDec 2018Finaled

$195

South Side Electric Inc

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

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 width51 ft

Buildable depth110 ft

Area~2,160 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 2,160 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
597 LINCOLN AVE	TRACY MORRISON	SINGLE FAMILY DWELLING, PLATTED LOT	$740,000	54 ft
607 LINCOLN AVE	ANDREW B TWIDELL ELIZABETH S SANGUINETTI	APARTMENTS 4-6 RENTAL UNITS	$768,700	72 ft
591 LINCOLN AVE	SHAINA R MICHAEL	TWO FAMILY DWELLING - UP/DWN	$571,400	104 ft
615 LINCOLN AVE	JENIFER J OLEARY JACOB M DORER	SINGLE FAMILY W/ACCESSORY UNIT	$1,018,700	152 ft
589 LINCOLN AVE	SHAINA R MICHAEL	THREE FAMILY DWELLING, PLATTED LOT	$709,800	155 ft
600 GRAND AVE	HOMES REAL ESTATE INVEST LLC	APARTMENTS 7-19 RENTAL UNITS	$515,900	170 ft
598 GRAND AVE	CARYL L KRUCHOWSKI	APARTMENTS 4-6 RENTAL UNITS	$589,500	179 ft
608 GRAND AVE	DANIEL WALSH	SINGLE FAMILY DWELLING, PLATTED LOT	$661,600	180 ft
596 GRAND AVE	EDWARD CARDENAS III ANNE M CARDENAS	THREE FAMILY DWELLING, PLATTED LOT	$551,800	200 ft
583 LINCOLN AVE	NURTURING DEVELOPMENTS LLC	APARTMENTS 4-6 RENTAL UNITS	$755,700	205 ft

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.