651 PORTLAND AVE

PID: 022823140104· 2 fields stubbed (see below)

Property Overview

Parcel ID022823140104

Lot Size7,405 sq ft (0.170 ac)

Lot Dimensions (est.)61 ft wide × 121 ft deep

Year Built1890

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerWILLIAM AND CHERYL LUDWIG FAMILY LP

Assessed Value$1,491,200

Land Value$320,000

Building Value$1,171,200

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 2015 · Most recent: Jul 2019 (building permit)

Building PermitJul 2019Finaled

—

SAM KRAMER CUSTOM REMODELERS INC

Building PermitDec 2015Finaled

—

SAM KRAMER CUSTOM REMODELERS INC

Building PermitJul 2015Finaled

—

SAM KRAMER CUSTOM REMODELERS 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 width51 ft

Buildable depth81 ft

Area~1,592 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 1,592 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 PORTLAND AVE	CHERYL LUDWIG	RESIDENTIAL, VACANT LAND, LOT	$39,000	40 ft
0 PORTLAND AVE	CHERYL LUDWIG	RESIDENTIAL, VACANT LAND, LOT	$41,600	62 ft
649 PORTLAND AVE	DAVID J BRECKMAN	THREE FAMILY DWELLING, PLATTED LOT	$712,400	72 ft
665 PORTLAND AVE	WILLIAM LUDWIG CHERYL LUDWIG	APARTMENTS 7-19 RENTAL UNITS	$874,000	102 ft
654 HOLLY AVE	JOSEPH STARKEY JENNIFER DELLWO	SINGLE FAMILY DWELLING, PLATTED LOT	$554,200	140 ft
658 HOLLY AVE	MARY GOLDEN	TWO FAMILY DWELLING - UP/DWN	$402,400	143 ft
650 HOLLY AVE	PLAZA HOLDINGS LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$498,700	148 ft
671 PORTLAND AVE	KRISTIAN TVEDTEN SARAH EMMEL TVEDTNEN	SINGLE FAMILY DWELLING, PLATTED LOT	$516,800	150 ft
643 PORTLAND AVE	MICHAEL WICKMANN MEGAN R WICKMANN	SINGLE FAMILY DWELLING, PLATTED LOT	$736,300	152 ft
662 HOLLY AVE	MATTHEW J WOLF	SINGLE FAMILY DWELLING, PLATTED LOT	$566,900	157 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.