708 MARSHALL AVE

PID: 022823110031· 2 fields stubbed (see below)

Property Overview

Parcel ID022823110031

Lot Size40,511 sq ft (0.940 ac)

Lot Dimensions (est.)262 ft wide × 155 ft deep

Year Built1981

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerMARSHALL AVE 12 LLC

Assessed Value$1,320,000

Land Value$240,000

Building Value$1,080,000

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

3 permits on record since 2021 · $6K total declared value · Most recent: Feb 2023 (mechanical)

MechanicalFeb 2023Finaled

$3K

PERFECTION HTG & A/C

Warm Air, Ventilation & General SheetFeb 2023Finaled

$3K

PERFECTION HTG & A/C

Building PermitJun 2021Finaled

—

Yvonne Ziemann Columbus Exteriors, 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 rent1,007/mo

Renter-occupied58.1%

Median home value$315K

Vacancy rate6.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 339

Zoning

RM1Low-Density Multiple-Family Residential

Multi-family Residential 1 — low-intensity apartment (3 stories max)

Typical Uses

·Apartment buildings
·Condominiums
·Townhomes

Max Height40 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 width252 ft

Buildable depth115 ft

Area~25,506 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 25,506 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 MARSHALL AVE	WILLIAM A FARAGHER	RESIDENTIAL, VACANT LAND, LOT	$18,600	136 ft
226 GROTTO ST N	MATTHEW JACKSON	TWIN HOME	$199,400	162 ft
702 MARSHALL AVE	WILLIAM A FARAGHER	TWO FAMILY DWELLING - UP/DWN	$240,600	165 ft
224 GROTTO ST N	NEW DIRECTION IRA INC	TWIN HOME	$167,700	169 ft
732 MARSHALL AVE	CALABASH PROPERTIES	APARTMENTS 7-19 RENTAL UNITS	$920,000	175 ft
715 DAYTON AVE	KEVIN J HANNIGAN SHARON E HANNIGAN	SINGLE FAMILY DWELLING, PLATTED LOT	$640,300	186 ft
723 DAYTON AVE	JOSEPH MOSHER NICOLE PROBOTANOJO MOSHER	SINGLE FAMILY DWELLING, PLATTED LOT	$511,100	187 ft
727 DAYTON AVE	BRIAN CORBET ANNA CORBET	TWO FAMILY DWELLING - UP/DWN	$589,200	198 ft
698 MARSHALL AVE	CALABASH PROPERTIES OF ST PAUL LLC	RESIDENTIAL, VACANT LAND, LOT	$53,000	205 ft
711 DAYTON AVE	SONJA A MOORE WILLIAM A MOORE	SINGLE FAMILY DWELLING, PLATTED LOT	$642,000	205 ft

Property History

Most Recent Sale

Date2022-04-05

Price$2,050,000

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.