1232 MARSHALL AVE

PID: 032823120003· 2 fields stubbed (see below)

Property Overview

Parcel ID032823120003

Lot Size5,227 sq ft (0.120 ac)

Lot Dimensions (est.)40 ft wide × 130 ft deep

Year Built1917

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerTHE MARSHALL SIX LLC

Assessed Value$793,200

Land Value$120,000

Building Value$673,200

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

1 permit on record since 2019 · $6K total declared value · Most recent: Dec 2019 (electrical)

ElectricalDec 2019Finaled

$6K

CONNECT ELECTRIC COMPANY

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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

H2Residential

Residential — medium-density multi-unit housing (up to 5 units)

Typical Uses

·Apartment buildings (up to 5 units)
·Duplexes
·Townhomes

Max Height39 ft

Min Setbacks

Front

10 ft

Side

5 ft

Rear

10 ft

Development Potential

Setbacks

Front10 ft

Side (each)5 ft

Rear10 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth110 ft

Area~2,170 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 2,170 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1236 MARSHALL AVE	EUGENE W HEUTON LYNNE M HEUTON	SINGLE FAMILY DWELLING, PLATTED LOT	$335,900	40 ft
0 MARSHALL AVE	MRG MARSHALL PARTNERS LLC	APARTMENT VACANT LAND	$52,300	40 ft
1240 MARSHALL AVE	JAY R FINDER	SINGLE FAMILY DWELLING, PLATTED LOT	$306,200	80 ft
1222 MARSHALL AVE	BIRTE FRETWELL JEFFREY FRETWELL	SINGLE FAMILY DWELLING, PLATTED LOT	$442,100	90 ft
1244 MARSHALL AVE	WALTER K TREICHEL LAURA J TREICHEL	SINGLE FAMILY DWELLING, PLATTED LOT	$338,700	120 ft
217 GRIGGS ST N	LUKE ANFINSON KATHERINE CHRISTENSON	TWO FAMILY DWELLING - UP/DWN	$524,500	133 ft
1248 MARSHALL AVE	MARY PERRY SHANE PERRY	SINGLE FAMILY DWELLING, PLATTED LOT	$265,100	159 ft
1231 DAYTON AVE	MARY PERRY SHANE PERRY	TWO FAMILY DWELLING - UP/DWN	$592,100	164 ft
1237 DAYTON AVE	STEVE VAN DRIEST SARA VAN DRIEST	SINGLE FAMILY DWELLING, PLATTED LOT	$493,800	169 ft
1227 DAYTON AVE	JULIE A DOOLITTLE FRANKLIN J DOOLITTLE	TWO FAMILY DWELLING - UP/DWN	$504,500	177 ft

Property History

Most Recent Sale

Date2023-08-31

Price$740,000

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.