2127 MARSHALL AVE

PID: 322923440123· 3 fields stubbed (see below)

Property Overview

Parcel ID322923440123

Lot Size27,007 sq ft (0.620 ac)

Lot Dimensions (est.)150 ft wide × 180 ft deep

Year Built—(stub)

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerNJ MARSHALL LLC

Assessed Value$5,430,900

Land Value$380,000

Building Value$5,050,900

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

18 permits on record since 2020 · $6.1M total declared value · Most recent: Oct 2021 (billboard / sign)

Billboard / SignOct 2021Finaled

$3K

DANIEL KAUFMAN Kaufman Sign Company

Elevating DeviceJul 2021Finaled

$1K

SCHINDLER ELEVATOR CORPORATION

Warm Air, Ventilation & General SheetApr 2021Inspected

$10K

Heather Blanchet Building Material Supply, Inc.

Elevating DeviceApr 2021Finaled

$94K

SCHINDLER ELEVATOR CORPORATION

Fire EngineeringMar 2021Finaled

—

Michelle Cottingham LVC Companies

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

Neighborhood Profile

Union Park District Council · Saint Paul

Median reported rent1,164/mo

Renter-occupied48.6%

Median home value$365K

Vacancy rate11.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 333

Zoning

RM1Low-Density Multiple-Family Residential

Multi-family Residential 1 — low-intensity apartment (3 stories max)

Typical Uses

·Apartment buildings
·Condominiums
·Townhomes

Max Height40 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 width140 ft

Buildable depth140 ft

Area~15,305 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 15,305 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2137 MARSHALL AVE	ST PAUL'S OUTREACH INC	RES/EXEMPT SINGLE FAMILY DWELLING	$720,500	100 ft
2143 MARSHALL AVE	DAVID M PERRY TR ELAINE DONNA PERRY TR	SINGLE FAMILY DWELLING, PLATTED LOT	$396,600	150 ft
2126 IGLEHART AVE	JAMES F THOMAS TR JUDITY ANN THOMAS TR	SINGLE FAMILY DWELLING, PLATTED LOT	$793,600	195 ft
2149 MARSHALL AVE	JOHN BRINK ASHLEY HOLLISTER	SINGLE FAMILY DWELLING, PLATTED LOT	$362,500	199 ft
2132 IGLEHART AVE	GARY R CARLSON	SINGLE FAMILY DWELLING, PLATTED LOT	$703,900	201 ft
2122 IGLEHART AVE	CASSI MCCARTHY NICHOLAS THIMESCH	SINGLE FAMILY DWELLING, PLATTED LOT	$762,800	201 ft
2136 IGLEHART AVE	NATHANIEL J NIEMI MEGHAN C HICKEY	SINGLE FAMILY DWELLING, PLATTED LOT	$908,400	219 ft
2142 IGLEHART AVE	REBECCA A WITTMER MATTHEW M WITTMER	SINGLE FAMILY DWELLING, PLATTED LOT	$949,400	245 ft
2155 MARSHALL AVE	CARA ELIZABETH COREY MICHAEL JACK COREY	SINGLE FAMILY DWELLING, PLATTED LOT	$602,100	249 ft
2116 IGLEHART AVE	WILLIAM BARTHOLOME PAIGE BARTHOLOME	SINGLE FAMILY DWELLING, PLATTED LOT	$680,700	251 ft

Property History

Most Recent Sale

Date2020-07-02

Price$1,180,000

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.