1517 PORTLAND AVE

PID: 032823230045· 2 fields stubbed (see below)

Property Overview

Parcel ID032823230045

Lot Size6,970 sq ft (0.150 ac)

Lot Dimensions (est.)45 ft wide × 154 ft deep

Year Built1915

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerROBIN J DOROSHOW RICHARD A KRONFELD

Assessed Value$694,600

Land Value$80,000

Building Value$614,600

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

4 permits on record since 2021 · $4K total declared value · Most recent: Nov 2023 (plumbing)

PlumbingNov 2023Finaled

$500

GREG MARTIN MN PLUMBING & HOME SERVICES INC

PlumbingJul 2023Finaled

$3K

DENNIS BOEDDEKER DEN-MARK PLUMBING INC

ElectricalJun 2023Finaled

$500

MJ ELECTRIC MN INC

Warm Air, Ventilation & General SheetJul 2021Active/Issued

$750

Owens Companies

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 rent1,154/mo

Renter-occupied43.2%

Median home value$467K

Vacancy rate9.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 352

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 width35 ft

Buildable depth114 ft

Area~525 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 sfr / adu benchmarks for 525 sqft buildable area.

Est. units

Yield on cost

4.5%

Spread

-1.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1511 PORTLAND AVE	KIRSTEN LIDYAEV ARTEM LIDYAEV	SHORT TERM RENTAL	$563,900	45 ft
1507 PORTLAND AVE	RYAN OCONNOR ANNE OCONNOR	SINGLE FAMILY DWELLING, PLATTED LOT	$489,100	91 ft
51 SARATOGA ST N	JC PROPERTY RENTALS LLC	TWO FAMILY DWELLING - UP/DWN	$575,400	118 ft
1503 PORTLAND AVE	ASHLEY COOPER	SINGLE FAMILY DWELLING, PLATTED LOT	$619,200	136 ft
1514 PORTLAND AVE	NEW CASTLE LLC	APARTMENTS 4-6 RENTAL UNITS	$982,800	171 ft
1516 ASHLAND AVE A	ADELE M SANDS	CONDO	$257,300	171 ft
1516 ASHLAND AVE B	DEBORAH LEEANNE HOFFMAN TR	CONDO	$240,600	171 ft
1516 ASHLAND AVE C	KATHLEEN M KORSMO	CONDO	$240,600	171 ft
1516 ASHLAND AVE D	FRED SCHENCK MAKOTO OGURA	CONDO	$240,600	171 ft
1514 ASHLAND AVE	KATHRYN M TAIT WILLIAM G VALENTINE	SINGLE FAMILY DWELLING, PLATTED LOT	$330,900	176 ft

Property History

Most Recent Sale

Date2022-09-30

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.