1823 PORTLAND AVE

PID: 042823240103· 2 fields stubbed (see below)

Property Overview

Parcel ID042823240103

Lot Size10,019 sq ft (0.220 ac)

Lot Dimensions (est.)66 ft wide × 151 ft deep

Year Built1923

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerGRAND PORTLAND LLC

Assessed Value$1,072,100

Land Value$220,000

Building Value$852,100

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 width56 ft

Buildable depth111 ft

Area~2,701 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 2,701 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1831 PORTLAND AVE	RFP PROPERTIES LLC	APARTMENTS 7-19 RENTAL UNITS	$986,000	58 ft
1835 PORTLAND AVE	BRIAN HAYDON RACHEL HAYDON	THREE FAMILY DWELLING, PLATTED LOT	$612,400	108 ft
1815 PORTLAND AVE	CRAIG RANDALL MILLER	APARTMENTS 7-19 RENTAL UNITS	$700,300	145 ft
1837 PORTLAND AVE	SCOTT KOK	TWO FAMILY DWELLING - UP/DWN	$461,400	153 ft
1822 ASHLAND AVE	THOMAS J GUETTLER JOAN M GUETTLER	SINGLE FAMILY DWELLING, PLATTED LOT	$531,800	171 ft
1828 ASHLAND AVE	NORA MULLOY	SINGLE FAMILY DWELLING, PLATTED LOT	$475,000	173 ft
70 FAIRVIEW AVE N	THOMAS M SCHNEIDER ANNAH L SCHNEIDER	SINGLE FAMILY DWELLING, PLATTED LOT	$291,200	176 ft
1832 ASHLAND AVE	CRAIG ANDERSON YVONNE HUNDSHAMER	SINGLE FAMILY DWELLING, PLATTED LOT	$413,500	186 ft
1845 PORTLAND AVE	PETER J SCHUMACHER	APARTMENTS 4-6 RENTAL UNITS	$781,600	193 ft
1836 ASHLAND AVE	WILLIAM T STEWART III CATHERINE M GILLIGAN	SINGLE FAMILY DWELLING, PLATTED LOT	$416,000	204 ft

Property History

Most Recent Sale

Date2023-01-17

Price$2,234,375

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.