1088 DAYTON AVE

PID: 022823220068· 2 fields stubbed (see below)

Property Overview

Parcel ID022823220068

Lot Size3,485 sq ft (0.090 ac)

Lot Dimensions (est.)48 ft wide × 72 ft deep

Year Built1922

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerALSACE LLC

Assessed Value$457,300

Land Value$80,000

Building Value$377,300

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 2019 · $600 total declared value · Most recent: Jan 2022 (fire engineering)

Fire EngineeringJan 2022Finaled

—

DIANE WENDT SUMMIT COMPANIES

PlumbingJan 2019Finaled

$600

GREGORY HOSCH HARRIS ST PAUL 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 rent1,332/mo

Renter-occupied33.7%

Median home value$256K

Vacancy rate4.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 338

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 width38 ft

Buildable depth32 ft

Area~308 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Marginal

Back-of-envelope estimate based on sfr / adu benchmarks for 308 sqft buildable area.

Est. units

Yield on cost

6.0%

Spread

+0.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
194 LEXINGTON PKWY N	PARKWAY INVESTMENTS LLC	APARTMENTS 4-6 RENTAL UNITS	$457,300	44 ft
1084 DAYTON AVE	NATHANIEL M JOHNSON	SINGLE FAMILY DWELLING, PLATTED LOT	$272,500	48 ft
188 LEXINGTON PKWY N	CYNTHIA A MILLER	SINGLE FAMILY DWELLING, PLATTED LOT	$353,300	63 ft
1080 DAYTON AVE	ELOISE HATTING	SINGLE FAMILY DWELLING, PLATTED LOT	$417,000	86 ft
1076 DAYTON AVE	ELAINE GILLESPIE BLEVINS	SINGLE FAMILY DWELLING, PLATTED LOT	$233,700	125 ft
206 LEXINGTON PKWY N	CHARLES MACDONALD STACY MACDONALD	SINGLE FAMILY DWELLING, PLATTED LOT	$442,300	136 ft
180 LEXINGTON PKWY N	DAVID H MOASSESFAR TR FATEMEH M ASHTIANI TR	APARTMENTS 7-19 RENTAL UNITS	$1,058,200	136 ft
1083 SELBY AVE	BENJAMIN YEAGER BRENNA YEAGER	SINGLE FAMILY DWELLING, PLATTED LOT	$338,500	141 ft
1081 SELBY AVE	CRAIG P FERNHOLZ ANNELIESE P STUHT	SINGLE FAMILY DWELLING, PLATTED LOT	$203,300	159 ft
1072 DAYTON AVE	JASON F BARNETT CARRIE L SCHAFER	SINGLE FAMILY DWELLING, PLATTED LOT	$338,200	165 ft

Property History

Most Recent Sale

Date2009-09-30

Price$322,000

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.