0 IVY AVE E

PID: 212922310011· 3 fields stubbed (see below)

Property Overview

Parcel ID212922310011

Lot Size32,670 sq ft (0.730 ac)

Lot Dimensions (est.)157 ft wide × 208 ft deep

Year Built—(stub)

Property ClassAPARTMENT VACANT LAND

OwnerPHALEN SHORES GHL LLC

Assessed Value$89,700

Land Value$89,700

Building Value$0

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

Payne-Phalen District 5 Planning Council · Saint Paul

Median reported rent1,284/mo

Renter-occupied23.3%

Median home value$224K

Vacancy rate6.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 311

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 width147 ft

Buildable depth168 ft

Area~14,958 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 14,958 sqft buildable area.

Est. units

109

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
987 IVY AVE E	CITY OF SAINT PAUL	EXEMPT PROP. OWNED BY MUNICIPALS	$2,650,600	150 ft
985 IVY AVE E	PHALEN SHORES GHL LLC	APARTMENTS 50-99 RENTAL UNITS	$4,648,700	218 ft
0 IVY AVE E	PHALEN SHORES GHL LLC	APARTMENT VACANT LAND	$45,500	280 ft
0 IVY AVE E	PHALEN SHORES GHL LLC	APARTMENT VACANT LAND	$16,100	311 ft
966 IVY AVE E	ANNA R ATCHISON CORY HETCHLER	SINGLE FAMILY DWELLING, PLATTED LOT	$304,900	320 ft
962 IVY AVE E	NATASHA MELISSA TAMARA JENSON	SINGLE FAMILY DWELLING, PLATTED LOT	$282,300	320 ft
954 IVY AVE E	HERMAN CAPITAL PARTNERS IV LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$251,600	329 ft
950 IVY AVE E	DONALD L RADER	SINGLE FAMILY DWELLING, PLATTED LOT	$226,600	349 ft
982 IVY AVE E	TRACER ONE LLC	APARTMENTS 7-19 RENTAL UNITS	$1,409,700	354 ft
946 IVY AVE E	LAURA FITZSIMMONS	SINGLE FAMILY DWELLING, PLATTED LOT	$228,400	370 ft

Property History

Most Recent Sale

Date2025-03-18

Price—

Type—

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount, yearBuilt. See README for details on which sources are live vs. stubbed.