665 PORTLAND AVE

PID: 022823140101· 2 fields stubbed (see below)

Property Overview

Parcel ID022823140101

Lot Size6,534 sq ft (0.160 ac)

Lot Dimensions (est.)57 ft wide × 114 ft deep

Year Built1916

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerWILLIAM LUDWIG CHERYL LUDWIG

Assessed Value$874,000

Land Value$160,000

Building Value$714,000

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 2022 · $30K total declared value · Most recent: Sep 2023 (electrical)

ElectricalSep 2023Finaled

$3K

DEAN ADELMAN DEAN'S PROFESSIONAL PLUMBING

Building PermitApr 2022Finaled

$27K

HOFFMAN WEBER 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 rent1,151/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 width47 ft

Buildable depth74 ft

Area~1,329 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 1,329 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 PORTLAND AVE	CHERYL LUDWIG	RESIDENTIAL, VACANT LAND, LOT	$41,600	40 ft
671 PORTLAND AVE	KRISTIAN TVEDTEN SARAH EMMEL TVEDTNEN	SINGLE FAMILY DWELLING, PLATTED LOT	$516,800	48 ft
0 PORTLAND AVE	CHERYL LUDWIG	RESIDENTIAL, VACANT LAND, LOT	$39,000	62 ft
673 PORTLAND AVE	ALEXANDER PEYMAN MISSAGHI	SINGLE FAMILY DWELLING, PLATTED LOT	$459,200	88 ft
651 PORTLAND AVE	WILLIAM AND CHERYL LUDWIG FAMILY LP	APARTMENTS 7-19 RENTAL UNITS	$1,491,200	102 ft
675 PORTLAND AVE	DAVID A HEADRICK EMILY M HEADRICK	SINGLE FAMILY DWELLING, PLATTED LOT	$717,900	128 ft
666 HOLLY AVE	IOANNIS NIKLAS	TWO FAMILY DWELLING - UP/DWN	$433,200	140 ft
662 HOLLY AVE	MATTHEW J WOLF	SINGLE FAMILY DWELLING, PLATTED LOT	$566,900	143 ft
670 HOLLY AVE	RAYMOND K HOFFMANN	SINGLE FAMILY DWELLING, PLATTED LOT	$317,800	148 ft
658 HOLLY AVE	MARY GOLDEN	TWO FAMILY DWELLING - UP/DWN	$402,400	156 ft

Property History

Most Recent Sale

Date2006-12-19

Price$137,000

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.