1514 PORTLAND AVE

PID: 032823230067· 2 fields stubbed (see below)

Property Overview

Parcel ID032823230067

Lot Size6,534 sq ft (0.150 ac)

Lot Dimensions (est.)125 ft wide × 52 ft deep

Year Built1916

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerNEW CASTLE LLC

Assessed Value$982,800

Land Value$100,000

Building Value$882,800

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 rent1,154/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 width115 ft

Buildable depth12 ft

Area~910 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 910 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1508 PORTLAND AVE	NEW CASTLE LLC	APARTMENT MISC IMPROVEMENT	$127,700	86 ft
1500 PORTLAND AVE	CRAIG R MILLER ROBERT J MILLER	APARTMENTS 4-6 RENTAL UNITS	$557,500	112 ft
1511 PORTLAND AVE	KIRSTEN LIDYAEV ARTEM LIDYAEV	SHORT TERM RENTAL	$563,900	166 ft
1517 PORTLAND AVE	ROBIN J DOROSHOW RICHARD A KRONFELD	APARTMENTS 4-6 RENTAL UNITS	$694,600	171 ft
1507 PORTLAND AVE	RYAN OCONNOR ANNE OCONNOR	SINGLE FAMILY DWELLING, PLATTED LOT	$489,100	174 ft
22 SARATOGA ST N	GWYNNE EVANS	SINGLE FAMILY DWELLING, PLATTED LOT	$399,100	174 ft
1522 PORTLAND AVE	VINTAGE PORTLAND LLC	APARTMENTS 20-49 RENTAL UNITS	$5,748,900	190 ft
1503 PORTLAND AVE	ASHLEY COOPER	SINGLE FAMILY DWELLING, PLATTED LOT	$619,200	192 ft
1499 PORTLAND AVE	PETER OPATRNY DENISE STEGMANN	SINGLE FAMILY DWELLING, PLATTED LOT	$607,300	217 ft
1492 PORTLAND AVE 2	CLYDE CUTTING ANDREA CUTTING	APARTMENTS 4-6 RENTAL UNITS	$939,500	220 ft

Property History

Most Recent Sale

Date2019-09-11

Price$617,500

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.