647 CLEVELAND AVE S

PID: 082823440077· 2 fields stubbed (see below)

Property Overview

Parcel ID082823440077

Lot Size5,227 sq ft (0.120 ac)

Lot Dimensions (est.)135 ft wide × 39 ft deep

Year Built1959

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerGOLDLAND GROUP LLC

Assessed Value$895,600

Land Value$220,000

Building Value$675,600

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

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 width125 ft

Buildable depth0 ft

Area~2 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
651 CLEVELAND AVE S	SHEILAS BEST LLC	RESTAURANT AND/OR BAR	$850,400	37 ft
643 CLEVELAND AVE S	GOLDLAND GROUP LLC	APARTMENTS 7-19 RENTAL UNITS	$895,600	40 ft
639 CLEVELAND AVE S	639 CLEVELAND AVENUE SOUTH LLC	THREE FAMILY DWELLING, PLATTED LOT	$1,041,500	80 ft
0 CLEVELAND AVE S	665 CLEVELAND PROPERTY LLC	COMMERCIAL VACANT LAND	$203,000	84 ft
2077 SCHEFFER AVE	MAIYA J GRATH ANDREW L ROSE	SINGLE FAMILY DWELLING, PLATTED LOT	$573,800	121 ft
635 CLEVELAND AVE S	MONTESSORI THREE LLC	OFFICE BUILDING 1-2 STORIES	$691,100	128 ft
2078 BAYARD AVE	LEAH ISAACSON JOSEPH ISAACSON	SINGLE FAMILY DWELLING, PLATTED LOT	$761,300	143 ft
2081 SCHEFFER AVE	ACTING TTE OF LISA DESTABRAMLET TRUST	SINGLE FAMILY DWELLING, PLATTED LOT	$524,300	161 ft
2084 BAYARD AVE	NORMAN J LINDHOLM JR LYNNE S LINDHOLM	SINGLE FAMILY DWELLING, PLATTED LOT	$557,900	178 ft
2085 SCHEFFER AVE	JEANNA M F HESSE	SINGLE FAMILY DWELLING, PLATTED LOT	$491,300	203 ft

Property History

Most Recent Sale

Date2024-12-19

Price$2,200,000

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.