1849 PORTLAND AVE

PID: 042823240108· 2 fields stubbed (see below)

Property Overview

Parcel ID042823240108

Lot Size6,970 sq ft (0.160 ac)

Lot Dimensions (est.)48 ft wide × 145 ft deep

Year Built1916

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerMOJO 1849 LLC

Assessed Value$840,100

Land Value$100,000

Building Value$740,100

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

15 permits on record since 2015 · $39K total declared value · Most recent: May 2023 (electrical)

ElectricalMay 2023Inspected

$3K

ryan lahaniere Bavolak

PlumbingMay 2023Finaled

$6K

ALLEN STEINER PLUMBING RESTORATION AND SERVICES LLC

Building PermitDec 2020Active/Issued

$2K

Mojo 1849 Llc

ElectricalMay 2018Finaled

$8K

William Griffin GRIFFIN ELECTRICAL LLC

Warm Air, Ventilation & General SheetMay 2018Finaled

$350

AIR DUCT SYSTEMS LLC

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

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 depth105 ft

Area~745 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 745 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1845 PORTLAND AVE	PETER J SCHUMACHER	APARTMENTS 4-6 RENTAL UNITS	$781,600	44 ft
1837 PORTLAND AVE	SCOTT KOK	TWO FAMILY DWELLING - UP/DWN	$461,400	84 ft
1855 PORTLAND AVE	BRENDAN GOLDFARB	APARTMENTS 4-6 RENTAL UNITS	$814,200	114 ft
1835 PORTLAND AVE	BRIAN HAYDON RACHEL HAYDON	THREE FAMILY DWELLING, PLATTED LOT	$612,400	129 ft
1857 PORTLAND AVE	MARTIN J VOS LORI C STURDEVANT	SINGLE FAMILY DWELLING, PLATTED LOT	$1,091,300	158 ft
1848 ASHLAND AVE	RED TREE PROPERTIES LLC	APARTMENTS 4-6 RENTAL UNITS	$843,300	171 ft
1842 ASHLAND AVE	KARI LEON-IRANI	APARTMENTS 4-6 RENTAL UNITS	$582,000	176 ft
1831 PORTLAND AVE	RFP PROPERTIES LLC	APARTMENTS 7-19 RENTAL UNITS	$986,000	179 ft
1838 ASHLAND AVE	DANIEL J LUKE LAURIE J STERN	SINGLE FAMILY DWELLING, PLATTED LOT	$357,700	190 ft
1861 PORTLAND AVE	PATRICK W SMITH REBECCA E F SMITH	SINGLE FAMILY DWELLING, PLATTED LOT	$1,082,500	198 ft

Property History

Most Recent Sale

Date2011-06-30

Price$422,000

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.