1372 ST PAUL AVE

PID: 212823120033· 2 fields stubbed (see below)

Property Overview

Parcel ID212823120033

Lot Size21,344 sq ft (0.490 ac)

Lot Dimensions (est.)188 ft wide × 114 ft deep

Year Built2024

Property ClassAPARTMENTS 7-19 RENTAL UNITS

Owner1360 & 1372 ST PAUL AVENUE LLC

Assessed Value$2,831,700

Land Value$340,000

Building Value$2,491,700

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

35 permits on record since 2023 · $29.7M total declared value · Most recent: Mar 2025 (warm air, ventilation & general sheet)

Warm Air, Ventilation & General SheetMar 2025Finaled

$8K

JAYHAWK MECHANICAL INC

Elevating DeviceFeb 2025Active/Issued

$143K

TONY LARSON LARSON ELEVATOR COMPANY

MechanicalFeb 2025Finaled

$12K

JAYHAWK MECHANICAL INC

Warm Air, Ventilation & General SheetOct 2024Finaled

$2K

JAYHAWK MECHANICAL INC

Warm Air, Ventilation & General SheetOct 2024Finaled

$2K

JAYHAWK MECHANICAL INC

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 rent1,138/mo

Renter-occupied30.2%

Median home value$436K

Vacancy rate2.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 375

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 width178 ft

Buildable depth74 ft

Area~9,858 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 9,858 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1384 ST PAUL AVE	1384 ST PAUL AVENUE LLC	APARTMENTS 7-19 RENTAL UNITS	$1,615,800	145 ft
1360 ST PAUL AVE	1360 & 1372 ST PAUL AVENUE LLC	APARTMENTS 7-19 RENTAL UNITS	$1,602,800	155 ft
1753 MORGAN AVE	BOBBIE M MILLER THOMAS ANTON C THOMAS	TOWNHOME - OUTER UNIT	$288,300	186 ft
1751 MORGAN AVE	REZENE MHRETEAB	TOWNHOME-INNER UNIT	$288,200	186 ft
1749 MORGAN AVE	BRIAN FLICK JENEFFAR TORRES	TOWNHOME - OUTER UNIT	$288,200	191 ft
1757 MORGAN AVE	YOHANNES TEGBARU	TWIN HOME	$263,600	192 ft
1759 MORGAN AVE	AARON R SPENCER CLAUDIA J SPENCER	TWIN HOME	$294,600	202 ft
1745 MORGAN AVE	TIMOTHY PROKOTT NICOLE PAULBICK	TOWNHOME - OUTER UNIT	$271,500	203 ft
1743 MORGAN AVE	TIMOTHY L PROKOTT	TOWNHOME-INNER UNIT	$271,500	218 ft
1765 MORGAN AVE	DANIELLE I GOODEN	SINGLE FAMILY DWELLING, PLATTED LOT	$423,700	225 ft

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.