108 CLEVELAND AVE S 4

PID: 042823320119· 2 fields stubbed (see below)

Property Overview

Parcel ID042823320119

Lot Size6,970 sq ft (0.160 ac)

Lot Dimensions (est.)91 ft wide × 77 ft deep

Year Built1914

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerAR PROPERTIES LIMITED LIBILITY COMPANY

Assessed Value$1,090,500

Land Value$80,000

Building Value$1,010,500

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

1 permit on record since 2016 · Most recent: Apr 2016 (building permit)

Building PermitApr 2016Finaled

—

Kailyn Carson RAYCO CONSTRUCTION INC

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Macalester Groveland Community Council · Saint Paul

Median reported rent1,151/mo

Renter-occupied43.9%

Median home value$510K

Vacancy rate22.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 349

Zoning

H2Residential

Residential — medium-density multi-unit housing (up to 5 units)

Typical Uses

·Apartment buildings (up to 5 units)
·Duplexes
·Townhomes

Max Height39 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 width81 ft

Buildable depth57 ft

Area~4,074 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 3-story wood frame (5–12 units) benchmarks for 4,074 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
2049 GOODRICH AVE	ANDREA MUSSEY JONES MADELINE MAE STROM	SINGLE FAMILY DWELLING, PLATTED LOT	$503,700	77 ft
116 CLEVELAND AVE S	JUDITH A LANDRY	SINGLE FAMILY DWELLING, PLATTED LOT	$359,600	79 ft
2045 GOODRICH AVE	THOMAS WALSH TAYLOR WALSH	SINGLE FAMILY DWELLING, PLATTED LOT	$772,300	122 ft
2058 LINCOLN AVE	KELLY R BLOOD TR WILLIAM G BLOOD TR	SINGLE FAMILY DWELLING, PLATTED LOT	$641,800	139 ft
2054 LINCOLN AVE	DAVID J THEISEN REVOCABLE TRUST	SINGLE FAMILY DWELLING, PLATTED LOT	$412,100	140 ft
2050 LINCOLN AVE	CHARLES R RENNOLET SUZANNE B RENNOLET	SINGLE FAMILY DWELLING, PLATTED LOT	$364,100	152 ft
2046 LINCOLN AVE	NICOLAS CARETTA	SINGLE FAMILY DWELLING, PLATTED LOT	$545,000	173 ft
109 CLEVELAND AVE S	ALEXANDER FERNANDO BACA SARA BEA KLEIN	SINGLE FAMILY DWELLING, PLATTED LOT	$528,900	180 ft
2037 GOODRICH AVE	NAOMI LOUGHREY-ABRAHAMSON DANNY C THOMPSON	SINGLE FAMILY DWELLING, PLATTED LOT	$372,200	180 ft
103 CLEVELAND AVE S	MICHAEL R MARINOVICH	SINGLE FAMILY DWELLING, PLATTED LOT	$627,300	181 ft

Property History

Most Recent Sale

Date2022-11-30

Price$1,200,000

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.