1841 LAUREL AVE

PID: 042823210124· 2 fields stubbed (see below)

Property Overview

Parcel ID042823210124

Lot Size9,148 sq ft (0.210 ac)

Lot Dimensions (est.)61 ft wide × 150 ft deep

Year Built1916

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerRED TREES PROPERTIES LLC

Assessed Value$757,700

Land Value$100,000

Building Value$657,700

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 rent1,251/mo

Renter-occupied43.3%

Median home value$433K

Vacancy rate1.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 350

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 width51 ft

Buildable depth110 ft

Area~2,225 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 2,225 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
1837 LAUREL AVE	CAROL CHRISTINE ANTHONY	SINGLE FAMILY DWELLING, PLATTED LOT	$433,000	55 ft
1847 LAUREL AVE	LAUREL APARTMENTS LLC	APARTMENTS 7-19 RENTAL UNITS	$1,662,800	60 ft
1827 LAUREL AVE	MICHAEL J MUGAAS	TWO FAMILY DWELLING - SIDE/SIDE	$685,600	111 ft
1823 LAUREL AVE	1823 LAUREL LLC	APARTMENTS 20-49 RENTAL UNITS	$2,153,900	170 ft
1840 SELBY AVE	JOHN W MORRISON NOELLE H JACQUET MORRISON	SINGLE FAMILY DWELLING, PLATTED LOT	$467,500	171 ft
1842 SELBY AVE	TWO ELK LLC	TWO FAMILY DWELLING - UP/DWN	$497,200	172 ft
1832 SELBY AVE	SHELLEY G BOULANGER GRANT J BOULANGER	SINGLE FAMILY DWELLING, PLATTED LOT	$579,200	179 ft
1853 LAUREL AVE	JUDITH ANN GREENLEE	SINGLE FAMILY DWELLING, PLATTED LOT	$395,100	181 ft
1848 SELBY AVE	CHRISTINE E SWEET	SINGLE FAMILY DWELLING, PLATTED LOT	$299,300	183 ft
1830 SELBY AVE	INEZ YVETTE BERSIE MIZE TIMOTHY BERSIE MIZE	SINGLE FAMILY DWELLING, PLATTED LOT	$414,000	196 ft

Property History

Most Recent Sale

Date2022-04-20

Price$850,000

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.