575 CLEVELAND AVE S

PID: 082823410187· 2 fields stubbed (see below)

Property Overview

Parcel ID082823410187

Lot Size9,148 sq ft (0.220 ac)

Lot Dimensions (est.)125 ft wide × 73 ft deep

Year Built1929

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerPHYLLIS M K SMITH

Assessed Value$1,090,000

Land Value$200,000

Building Value$890,000

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 2023 · $41K total declared value · Most recent: Jan 2025 (building permit)

Building PermitJan 2025Active/Issued

$38K

Abigail Thomsen TALL VENTURES

ElectricalNov 2023Finaled

$3K

Clint Kruger Preferred Electric

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

Neighborhood Profile

Highland District Council · Saint Paul

Median reported rent1,197/mo

Renter-occupied39.4%

Median home value$456K

Vacancy rate9.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 430.01

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 width115 ft

Buildable depth33 ft

Area~2,984 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 2,984 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
585 CLEVELAND AVE S	CHRISTINE WENTZLAFF	TWO FAMILY DWELLING - UP/DWN	$477,200	68 ft
2076 WATSON AVE	SHAWN B GAVIN	SINGLE FAMILY DWELLING, PLATTED LOT	$447,600	105 ft
2080 WATSON AVE	RAYMOND P KONYN JENNIFER R FOTH KONYN	SINGLE FAMILY DWELLING, PLATTED LOT	$518,000	144 ft
563 CLEVELAND AVE S	COMO II LLC	APARTMENTS 20-49 RENTAL UNITS	$3,284,700	166 ft
589 CLEVELAND AVE S	GREGORY T PAVLICK	APARTMENTS 20-49 RENTAL UNITS	$2,151,200	166 ft
2084 WATSON AVE	BRIAN H NYSTEDT GERALD T KELLEY	SINGLE FAMILY DWELLING, PLATTED LOT	$411,500	186 ft
2075 WATSON AVE	PETER RAY JENNA REISER RAY	SINGLE FAMILY DWELLING, PLATTED LOT	$330,100	190 ft
2077 HARTFORD AVE	PAUL STEVEN PETERSON EMILY MATTER PETERSON	SINGLE FAMILY DWELLING, PLATTED LOT	$437,100	205 ft
2079 WATSON AVE	RACHEL ANDERSON BENJAMIN ANDERSON	SINGLE FAMILY DWELLING, PLATTED LOT	$422,800	214 ft
2088 WATSON AVE	RYAN R STEINES SARA LINDQUIST	SINGLE FAMILY DWELLING, PLATTED LOT	$865,600	230 ft

Property History

Most Recent Sale

Date2003-05-12

Price$122,000

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.