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 ↗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.
10 permits on record since 2015 · $82K total declared value · Most recent: Apr 2025 (warm air, ventilation & general sheet)
HEIDI BAUER NAC MECHANICAL AND ELECTRICAL SERVICES
Len Reinhardt SUPREME ELECTRIC INC
Mike Karpesh Integrated Fire & Security
Mike Karpesh Integrated Fire & Security
Len Reinhardt SUPREME ELECTRIC INC
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Union Park District Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 332
Traditional Neighborhood 3 — medium-intensity mixed-use
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 490 LYNNHURST AVE UNIT 4 | IRIS PARK COMMONS | APARTMENTS 50-99 RENTAL UNITS | $7,276,400 | 170 ft |
| 1860 UNIVERSITY AVE W | EPISCOPAL HOMES ON UNIVERSITY AVENUE LLC | NURSING HOME AND PRIVATE HOSPITAL | $6,200,300 | 172 ft |
| 1880 UNIVERSITY AVE W | MIDWAY POINTE | APARTMENTS 50-99 RENTAL UNITS | $6,812,000 | 172 ft |
| 502 LYNNHURST AVE E | TERRACE AT IRIS PARK LLC | APARTMENTS 50-99 RENTAL UNITS | $10,461,400 | 172 ft |
| 502 LYNNHURST AVE E | TERRACE AT IRIS PARK LLC | RETAIL CONDOMINIUM | $225,400 | 172 ft |
| 1879 FERONIA AVE UNIT 3 | EPISCOPAL CHURCH HOME OF MINNESOTA | EXEMPT, CHARITABLE HOSP./NURSG HOME | $6,636,200 | 204 ft |
| 1830 UNIVERSITY AVE W UNIT 1 | SEABURY | ASSISTED LIVING APT COMPLEX | $5,798,100 | 243 ft |
| 1840 UNIVERSITY AVE W UNIT 2 | CORNELIA HOUSE | APARTMENTS 20-49 RENTAL UNITS | $6,051,200 | 284 ft |
| 1845 UNIVERSITY AVE W | 1825 UNIVERSITY LIMITED PARTNERSHIP | APT OR COMPLEX 100+ UNITS | $60,032,900 | 374 ft |
| 1849 UNIVERSITY AVE W | 1825 UNIVERSITY LIMITED PARTNERSHIP | APARTMENT VACANT LAND | $56,800 | 375 ft |