404 BANFIL ST

PID: 012823340032· 3 fields stubbed (see below)

Property Overview

Parcel ID012823340032

Lot Size4,792 sq ft (0.120 ac)

Lot Dimensions (est.)41 ft wide × 106 ft deep

Year Built—(stub)

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerULIANO PROPERTIES INC

Assessed Value$480,100

Land Value$80,000

Building Value$400,100

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

3 permits on record since 2024 · $45K total declared value · Most recent: Oct 2024 (plumbing)

PlumbingOct 2024Finaled

$2K

BRUCE HEGG H & H PLUMBING

ElectricalSep 2024Finaled

$5K

PAT COSTELLO HINDING HEATING AIR & ELECTRIC

Building PermitJul 2024Finaled

$39K

ULIANO PROPERTIES INC

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

Neighborhood Profile

West 7th St / Fort Road Federation · Saint Paul

Median reported rent1,380/mo

Renter-occupied50.6%

Median home value$234K

Vacancy rate7.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 369

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 width31 ft

Buildable depth86 ft

Area~2,358 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 2,358 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
408 BANFIL ST	KIMIE TERESE CLINTON KEARNEY	SINGLE FAMILY DWELLING, PLATTED LOT	$205,600	42 ft
398 BANFIL ST	PINEWOOD LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$217,100	42 ft
0 BANFIL ST	MAXWELL H PETERSON	RESIDENTIAL, VACANT LAND, LOT	$1,600	65 ft
412 BANFIL ST	MARK S BROOKS	SINGLE FAMILY DWELLING, PLATTED LOT	$221,900	83 ft
394 BANFIL ST	KATHLEEN MARIE AVERILL	SINGLE FAMILY DWELLING, PLATTED LOT	$237,500	96 ft
405 GOODHUE ST	KYLE A JUST KIRSTEN J JUST	SINGLE FAMILY DWELLING, PLATTED LOT	$203,000	117 ft
409 GOODHUE ST	JOSHUA D KALLIS	SINGLE FAMILY DWELLING, PLATTED LOT	$219,900	124 ft
401 GOODHUE ST	LOLETTA C HALBERT	SINGLE FAMILY DWELLING, PLATTED LOT	$246,600	125 ft
414 BANFIL ST	CASSIDY E GODWIN VINCENT S LOCKWOOD	SINGLE FAMILY DWELLING, PLATTED LOT	$269,700	125 ft
415 GOODHUE ST	EMILY J HAGEN	SINGLE FAMILY DWELLING, PLATTED LOT	$236,900	142 ft

Property History

Most Recent Sale

Date2005-06-30

Price$235,000

Type—

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount, yearBuilt. See README for details on which sources are live vs. stubbed.