400 DEWEY ST

PID: 332923310041· 2 fields stubbed (see below)

Property Overview

Parcel ID332923310041

Lot Size36,155 sq ft (0.850 ac)

Lot Dimensions (est.)187 ft wide × 194 ft deep

Year Built1975

Property ClassAPARTMENTS 20-49 RENTAL UNITS

OwnerUNION PARK APARTMENTS LLC

Assessed Value$2,623,100

Land Value$700,000

Building Value$1,923,100

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

5 permits on record since 2017 · $31K total declared value · Most recent: Jan 2025 (plumbing)

PlumbingJan 2025Finaled

$2K

JACK SEDLEZKY SUBURBAN PLUMBING

MechanicalMar 2018Finaled

$2K

CHRIS FRIEND SUSTAINABLE HEATING AND COOLING INC

MechanicalMar 2018Finaled

$22K

CHRIS FRIEND SUSTAINABLE HEATING AND COOLING INC

PlumbingJan 2018Finaled

$4K

B & D PLUMBING HEATING & A/C INC

ElectricalDec 2017Finaled

$950

Jeff Trende PRIDE ELECTRIC INC

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 rent1,340/mo

Renter-occupied68.6%

Median home value$278K

Vacancy rate12.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 332

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 width177 ft

Buildable depth154 ft

Area~23,131 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 23,131 sqft buildable area.

Est. units

169

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
420 DEWEY ST	JUVENTINO HERNANDEZ	TWO FAMILY DWELLING - UP/DWN	$327,200	125 ft
396 DEWEY ST	BRIAN HERRICK JENNIE HERRICK	TWO FAMILY DWELLING - UP/DWN	$327,200	126 ft
428 DEWEY ST	SHANNON LINDSTEDT DOUGLASS STEPHENS	SINGLE FAMILY DWELLING, PLATTED LOT	$514,300	174 ft
394 DEWEY ST	REBECCA LEE	SINGLE FAMILY DWELLING, PLATTED LOT	$236,600	183 ft
405 FAIRVIEW AVE N	MSP PROPERTIES I	APARTMENTS 7-19 RENTAL UNITS	$482,300	188 ft
401 FAIRVIEW AVE N	ELIJAH-TRUTH AVIDAN KAITLYN AVIDAN	TWO FAMILY DWELLING - UP/DWN	$445,400	188 ft
395 FAIRVIEW AVE N	HEIGHTS APARTMENTS LLC	APARTMENTS 7-19 RENTAL UNITS	$472,900	201 ft
409 FAIRVIEW AVE N	ANNETTE E KIRCHNER JESSE A ROYER	TWO FAMILY DWELLING - UP/DWN	$284,100	201 ft
382 DEWEY ST	DEREK DIRLAM PENELOPE PARSONS-LORD	SINGLE FAMILY DWELLING, PLATTED LOT	$281,200	215 ft
399 DEWEY ST	LADONNA E JONES	TWO FAMILY DWELLING - UP/DWN	$267,100	216 ft

Property History

Most Recent Sale

Date2024-04-23

Price$2,600,000

Type—

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.