195 LEXINGTON PKWY N

PID: 032823110083· 2 fields stubbed (see below)

Property Overview

Parcel ID032823110083

Lot Size15,682 sq ft (0.350 ac)

Lot Dimensions (est.)130 ft wide × 121 ft deep

Year Built1921

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerPARKWAY INVESTMENTS LLC

Assessed Value$1,321,400

Land Value$260,000

Building Value$1,061,400

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

No permits found in Saint Paul open data for this parcel.

Neighborhood Profile

Union Park District Council · Saint Paul

Median reported rent1,149/mo

Renter-occupied40.7%

Median home value$426K

Vacancy rate7.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 353

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 width120 ft

Buildable depth81 ft

Area~7,074 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 7,074 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1122 DAYTON AVE	MANUEL PINGUIL MARIA HUERTA PALCHISACA	TWO FAMILY DWELLING - UP/DWN	$436,800	105 ft
1113 SELBY AVE	SAMUEL GLADE	SINGLE FAMILY DWELLING, PLATTED LOT	$322,300	114 ft
1109 SELBY AVE	AIMING CHEN	MIXED RETAIL/COMMERCIAL	$361,000	121 ft
1117 SELBY AVE	ETHAN MATTHEW COUSER	SINGLE FAMILY DWELLING, PLATTED LOT	$293,300	123 ft
1121 SELBY AVE	PAUL B MOCKOVAK	TWO FAMILY DWELLING - UP/DWN	$507,500	142 ft
1128 DAYTON AVE	KLARISSE M ANDRE DE ST AMANT MANON ANDRE DE ST AMANT	SINGLE FAMILY DWELLING, PLATTED LOT	$384,300	165 ft
1125 SELBY AVE	HEATHER WOFFORD	SINGLE FAMILY DWELLING, PLATTED LOT	$309,200	169 ft
1129 SELBY AVE	KELSEY N PROUD BRAUNSON J LANDRO	SINGLE FAMILY W/ACCESSORY UNIT	$423,300	199 ft
1132 DAYTON AVE	ERIK KEHL LINDSAY KEHL	TWO FAMILY DWELLING - UP/DWN	$276,800	205 ft
207 LEXINGTON PKWY N	ST PAUL APOSTOLIC TABER INC	EXEMPT, CHURCH, PUBLIC WORSHIP, PRIV	$971,300	205 ft

Property History

Most Recent Sale

Date2004-10-27

Price$191,900

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.