2040 YORKSHIRE AVE

PID: 162823320053· 2 fields stubbed (see below)

Property Overview

Parcel ID162823320053

Lot Size12,197 sq ft (0.280 ac)

Lot Dimensions (est.)113 ft wide × 108 ft deep

Year Built1949

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerYORKSHIRE MENDOTA LLC

Assessed Value$1,138,200

Land Value$200,000

Building Value$938,200

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

22 permits on record since 2016 · $130K total declared value · Most recent: Sep 2019 (plumbing)

PlumbingSep 2019Finaled

$900

JOHN EGAN EMC SERVICES INC

PlumbingSep 2019Finaled

$900

JOHN EGAN EMC SERVICES INC

ElectricalSep 2019Finaled

$3K

PRO WIRE ELECTRIC LLC

PlumbingAug 2019Finaled

$900

JOHN EGAN EMC SERVICES INC

ElectricalAug 2019Finaled

$3K

PRO WIRE ELECTRIC LLC

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 rent1,140/mo

Renter-occupied52.3%

Median home value$337K

Vacancy rate4.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 376.01

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 width103 ft

Buildable depth68 ft

Area~4,242 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 4,242 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2048 YORKSHIRE AVE	YORKSHIRE MENDOTA LLC	APARTMENTS 7-19 RENTAL UNITS	$885,900	76 ft
2034 YORKSHIRE AVE	YORKSHIRE MENDOTA LLC	APARTMENTS 7-19 RENTAL UNITS	$1,110,600	85 ft
2052 YORKSHIRE AVE	YORKSHIRE MENDOTA LLC	APARTMENTS 7-19 RENTAL UNITS	$1,012,400	159 ft
2028 YORKSHIRE AVE	YORKSHIRE MENDOTA LLC	APARTMENTS 7-19 RENTAL UNITS	$1,138,200	205 ft
2047 YORKSHIRE AVE	YORKSHIRE MENDOTA LLC	APARTMENTS 7-19 RENTAL UNITS	$984,700	209 ft
2037 YORKSHIRE AVE	YORKSHIRE MENDOTA LLC	APARTMENTS 20-49 RENTAL UNITS	$2,019,600	223 ft
990 CLEVELAND AVE	ERIC MAGNUSON	TOWNHOME - TICO	$231,000	235 ft
996 CLEVELAND AVE	KATHRYN WYATT	TOWNHOME - TICO	$209,800	235 ft
988 CLEVELAND AVE	CHELSIE CLEMENS	TOWNHOME - TICO	$215,000	235 ft
994 CLEVELAND AVE	PETER WANNING EMILY BUNCE	TOWNHOME - TICO	$231,000	235 ft

Property History

Most Recent Sale

Date2018-05-30

Price$3,645,000

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.