1855 PORTLAND AVE

PID: 042823240086· 2 fields stubbed (see below)

Property Overview

Parcel ID042823240086

Lot Size7,405 sq ft (0.160 ac)

Lot Dimensions (est.)50 ft wide × 149 ft deep

Year Built1919

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerBRENDAN GOLDFARB

Assessed Value$814,200

Land Value$80,000

Building Value$734,200

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

2 permits on record since 2021 · $4K total declared value · Most recent: May 2023 (electrical)

ElectricalMay 2023Finaled

$500

RYAN HUBBARD HUBBARD ELECTRIC INC

ElectricalMar 2021Finaled

$4K

Scott Nelson BRIGHT SIDE ELECTRIC INC

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 rent1,251/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

H1Residential

Residential — small-scale multi-unit housing (up to 4 units)

Typical Uses

·Single-family homes
·Duplexes
·Triplexes
·4-unit buildings

Max Height35 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 width40 ft

Buildable depth129 ft

Area~3,640 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 3,640 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1857 PORTLAND AVE	MARTIN J VOS LORI C STURDEVANT	SINGLE FAMILY DWELLING, PLATTED LOT	$1,091,300	44 ft
1861 PORTLAND AVE	PATRICK W SMITH REBECCA E F SMITH	SINGLE FAMILY DWELLING, PLATTED LOT	$1,082,500	83 ft
1849 PORTLAND AVE	MOJO 1849 LLC	APARTMENTS 4-6 RENTAL UNITS	$840,100	114 ft
1865 PORTLAND AVE	ROY KAY JR STEPHANIE KAY	SINGLE FAMILY DWELLING, PLATTED LOT	$504,900	123 ft
1845 PORTLAND AVE	PETER J SCHUMACHER	APARTMENTS 4-6 RENTAL UNITS	$781,600	158 ft
1871 PORTLAND AVE	ROBERT A HANSON JR ANGELA HANSON	TWO FAMILY DWELLING - UP/DWN	$486,800	163 ft
1852 ASHLAND AVE	LINDA R BEAUVAIS MARY E MACDONALD	SINGLE FAMILY DWELLING, PLATTED LOT	$579,100	172 ft
1858 ASHLAND AVE	JAMES POLGA XUANYAO POLGA	SINGLE FAMILY DWELLING, PLATTED LOT	$490,600	176 ft
1862 ASHLAND AVE	MICHAEL FLATEN NANETTE FLATEN	SINGLE FAMILY DWELLING, PLATTED LOT	$531,100	190 ft
1837 PORTLAND AVE	SCOTT KOK	TWO FAMILY DWELLING - UP/DWN	$461,400	198 ft

Property History

Most Recent Sale

Date2021-03-04

Price$875,000

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.