372 CLEVELAND AVE N

PID: 332923320029· 2 fields stubbed (see below)

Property Overview

Parcel ID332923320029

Lot Size16,553 sq ft (0.380 ac)

Lot Dimensions (est.)165 ft wide × 100 ft deep

Year Built1926

Property ClassAPARTMENTS 20-49 RENTAL UNITS

Owner356 362 372 CLEVELAND AVE LLC

Assessed Value$2,069,300

Land Value$440,000

Building Value$1,629,300

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Saint Paul open data for this parcel.

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

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 width155 ft

Buildable depth60 ft

Area~7,476 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 7,476 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
362 CLEVELAND AVE N	CLEVELAND AVENUE PROJECT LLC	EXEMPT, APARTMENT 4+ UNITS	$2,874,100	100 ft
376 CLEVELAND AVE N	CLEVELAND AVE 6 LLC	APARTMENTS 4-6 RENTAL UNITS	$614,800	122 ft
382 CLEVELAND AVE N	STEVE SEGL	SINGLE FAMILY DWELLING, PLATTED LOT	$230,700	162 ft
350 CLEVELAND AVE N	350 CLEVELAND AVE NORTH LLC	THREE FAMILY DWELLING, PLATTED LOT	$717,200	175 ft
371 WILDER ST N	JASON M MCGRATH ANN K MCGRATH	SINGLE FAMILY DWELLING, PLATTED LOT	$431,000	185 ft
359 CLEVELAND AVE N	ALAN W HUPP TR KAREN M HUPP TR	SINGLE FAMILY DWELLING, PLATTED LOT	$329,400	190 ft
361 WILDER ST N	MICHAEL T MULCAHY BARBARA M DEMING	SINGLE FAMILY DWELLING, PLATTED LOT	$608,800	195 ft
386 CLEVELAND AVE N	ANNE D MAKEPEACE JEFFREY J MAKEPEACE	SINGLE FAMILY DWELLING, PLATTED LOT	$374,600	201 ft
361 CLEVELAND AVE N	ERIC WILTBANK JESSICA WATSON	SINGLE FAMILY DWELLING, PLATTED LOT	$338,200	214 ft
369 CLEVELAND AVE N	ANN TOLINE NELSON	SINGLE FAMILY DWELLING, PLATTED LOT	$328,800	216 ft

Property History

Most Recent Sale

Date2005-08-17

Price$2,650,000

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.