600 HOYT AVE E

PID: 202922130179· 2 fields stubbed (see below)

Property Overview

Parcel ID202922130179

Lot Size40,946 sq ft (0.980 ac)

Lot Dimensions (est.)229 ft wide × 179 ft deep

Year Built1981

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerIRISH LLC

Assessed Value$1,387,500

Land Value$360,000

Building Value$1,027,500

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

2 permits on record since 2021 · $35K total declared value · Most recent: Apr 2021 (electrical)

ElectricalApr 2021Finaled

$29K

MN SOLAR

Building PermitMar 2021Inspected

$6K

LEAH JOHNSON MN SOLAR

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

Neighborhood Profile

Payne-Phalen District 5 Planning Council · Saint Paul

Median reported rent1,110/mo

Renter-occupied22.5%

Median home value$241K

Vacancy rate2.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 306.02

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 width219 ft

Buildable depth139 ft

Area~22,867 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 5-over-1 podium (12–50 units) benchmarks for 22,867 sqft buildable area.

Est. units

167

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
645 PARKWAY DR	IRISH LLC	OFFICE BUILDING 1-2 STORIES	$92,600	109 ft
639 PARKWAY DR	RAW BE BAW RE KO	SINGLE FAMILY DWELLING, PLATTED LOT	$234,700	148 ft
596 HOYT AVE E	IRISH LLC	APARTMENTS 20-49 RENTAL UNITS	$2,314,900	153 ft
1543 PAYNE AVE	KAUNG ZAN	MIXED RESID/COMMERCIAL	$297,900	167 ft
633 PARKWAY DR	MALCOLM T KLEVEN	SINGLE FAMILY DWELLING, PLATTED LOT	$174,200	167 ft
1551 PAYNE AVE	LIGHTHOUSE PROPERTIES OF MN LLC	OFFICE BUILDING 1-2 STORIES	$1,240,900	180 ft
629 PARKWAY DR	JULIE A DECKER	SINGLE FAMILY DWELLING, PLATTED LOT	$228,100	198 ft
625 PARKWAY DR	JENNIFER YER YANG	SINGLE FAMILY DWELLING, PLATTED LOT	$248,300	235 ft
636 MONTANA AVE E	KS FORTUNE INVESTMENT LLC	SMALL (UNDER 10,000 SF) DET. RETAIL	$202,500	248 ft
642 PARKWAY DR	DONALD H PARTLOW	SINGLE FAMILY DWELLING, PLATTED LOT	$242,300	273 ft

Property History

Most Recent Sale

Date2015-04-06

Price$950,000

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.