1846 LAUREL AVE

PID: 042823240042· 2 fields stubbed (see below)

Property Overview

Parcel ID042823240042

Lot Size7,841 sq ft (0.180 ac)

Lot Dimensions (est.)48 ft wide × 163 ft deep

Year Built1908

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerPARK PROPERTIES LLC

Assessed Value$915,600

Land Value$80,000

Building Value$835,600

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

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 width38 ft

Buildable depth123 ft

Area~926 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 926 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
1842 LAUREL AVE	ANDREW PARKER SUYON KIM	SINGLE FAMILY DWELLING, PLATTED LOT	$406,300	43 ft
1838 LAUREL AVE	TIMOTHY J KUNKEL	SINGLE FAMILY DWELLING, PLATTED LOT	$391,700	84 ft
1854 LAUREL AVE	JOHN A EDGAR TR BARBARA L EDGAR TR	TWO FAMILY DWELLING - UP/DWN	$550,800	114 ft
1834 LAUREL AVE	JAMES W FITZPATRICK	SINGLE FAMILY DWELLING, PLATTED LOT	$542,300	124 ft
1856 LAUREL AVE	DAVID CZAIA DEMETRIA ARMATAS	SINGLE FAMILY DWELLING, PLATTED LOT	$454,000	158 ft
1830 LAUREL AVE	KURT JARVI ELIZABETH GRODAHL	SINGLE FAMILY DWELLING, PLATTED LOT	$576,000	163 ft
1847 ASHLAND AVE	ANN E CASPAR TR RAVI BALASUBRAHMANYAN TR	SINGLE FAMILY DWELLING, PLATTED LOT	$760,200	187 ft
1843 ASHLAND AVE	ROGER A BARR	SINGLE FAMILY DWELLING, PLATTED LOT	$483,500	192 ft
1860 LAUREL AVE	MATTHEW G FRIEDERICHS JULIE FRIEDERICHS	SINGLE FAMILY DWELLING, PLATTED LOT	$498,000	198 ft
1826 LAUREL AVE	DANIEL WALSH	SINGLE FAMILY DWELLING, PLATTED LOT	$408,500	203 ft

Property History

Most Recent Sale

Date2008-06-13

Price$430,000

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.