2341 UNIVERSITY AVE W

PID: 292923430126· 2 fields stubbed (see below)

Property Overview

Parcel ID292923430126

Lot Size27,007 sq ft (0.620 ac)

Lot Dimensions (est.)214 ft wide × 126 ft deep

Year Built1909

Property ClassAPARTMENTS 20-49 RENTAL UNITS

OwnerUNIVERSITY CARLETON DEV. LP

Assessed Value$8,005,700

Land Value$840,000

Building Value$7,165,700

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

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 ↗

Met Council Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.

Metro Council — Environmental Response Fund ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

1 permit on record since 2016 · $500 total declared value · Most recent: May 2016 (electrical)

ElectricalMay 2016Active/Issued

$500

William Tomczak NORDEAST ELECTRIC INC

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

Neighborhood Profile

St. Anthony Park Community Council · Saint Paul

Median reported rent1,316/mo

Renter-occupied74.2%

Median home value$297K

Vacancy rate15.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 319

Zoning

T3Traditional Neighborhood

Traditional Neighborhood 3 — medium-intensity mixed-use

Typical Uses

·Retail
·Office
·Mixed-use residential
·Hotels

Max Height55 ft

Min Setbacks

Front

0–10 ft

Property History

Most Recent Sale

Date2005-12-01

Price$10,000,000

Type—

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2309 UNIVERSITY AVE W	L & M HOLDING CO LLP	APARTMENT VACANT LAND	$1,728,900	137 ft
2345 UNIVERSITY AVE W	TEAJAW LLC	IND WAREHOUSE	$1,251,300	149 ft
0 UNIVERSITY AVE W	MECA SPORTSWEAR INC	COMMERCIAL VACANT LAND	$386,500	201 ft
809 CARLETON ST	YETI GROUP LLC	MANUFACTURING AND ASSEMBLY LIGHT	$651,200	232 ft
2363 UNIVERSITY AVE W	MECA SPORTSWEAR INC	SMALL (UNDER 10,000 SF) DET. RETAIL	$789,400	251 ft
2367 UNIVERSITY AVE W	MOUNTAIN OF FIRE AND MIRACLES MINISTRIES	EXEMPT, VACANT LAND	$71,400	288 ft
2367 UNIVERSITY AVE W	VELVET BROOK LLC	SMALL (UNDER 10,000 SF) DET. RETAIL	$774,800	301 ft
2340 CHARLES AVE	COURY PROPERTIES LLC	IND WAREHOUSE	$548,600	327 ft
2373 UNIVERSITY AVE W	MOUNTAIN OF FIRE AND MIRACLES MINISTRIES	EXEMPT, CHURCH, PUBLIC WORSHIP, PRIV	$432,600	340 ft
0 UNIVERSITY AVE W	2356 UNIVERSITY AVE	COMMERCIAL VACANT LAND	$148,200	341 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.