ParcelLens
Property Intelligence · Twin Cities
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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.
4 permits on record since 2018 · $84K total declared value · Most recent: Apr 2025 (building permit)
JAMES PALUMBO THE JAMAR COMPANY
Tierney Herron THE JAMAR COMPANY
Mike Karpesh Integrated Fire & Security
Mike Karpesh Integrated Fire & Security
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 |
|---|---|---|---|---|
| 502 LYNNHURST AVE E | TERRACE AT IRIS PARK LLC | RETAIL CONDOMINIUM | $225,400 | 0 ft |
| 1860 UNIVERSITY AVE W | EPISCOPAL HOMES ON UNIVERSITY AVENUE LLC | NURSING HOME AND PRIVATE HOSPITAL | $6,200,300 | 0 ft |
| 502 LYNNHURST AVE E | TERRACE AT IRIS PARK LLC | APARTMENTS 50-99 RENTAL UNITS | $10,461,400 | 0 ft |
| 490 LYNNHURST AVE UNIT 5 | IRIS PARK COMMONS | APARTMENTS 50-99 RENTAL UNITS | $5,847,700 | 172 ft |
| 490 LYNNHURST AVE UNIT 4 | IRIS PARK COMMONS | APARTMENTS 50-99 RENTAL UNITS | $7,276,400 | 184 ft |
| 1884 UNIVERSITY AVE W | CITY OF ST PAUL | EXEMPT, VACANT LAND | $588,000 | 248 ft |
| 0 UNIVERSITY AVE W | 1825 UNIVERSITY LIMITED PARTNERSHIP | APARTMENT VACANT LAND | $173,700 | 299 ft |
| 0 UNIVERSITY AVE W | 1825 UNIVERSITY LIMITED PARTNERSHIP | APARTMENT VACANT LAND | $84,400 | 307 ft |
| 1849 UNIVERSITY AVE W | 1825 UNIVERSITY LIMITED PARTNERSHIP | APARTMENT VACANT LAND | $56,800 | 326 ft |
| 0 UNIVERSITY AVE W | 1825 UNIVERSITY LIMITED PARTNERSHIP | APARTMENT VACANT LAND | $64,800 | 338 ft |