390 BEACON AVE 4

PID: 332923420147· 2 fields stubbed (see below)

Property Overview

Parcel ID332923420147

Lot Size8,276 sq ft (0.190 ac)

Lot Dimensions (est.)126 ft wide × 66 ft deep

Year Built1915

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerJAMIL AREF JABR

Assessed Value$457,300

Land Value$80,000

Building Value$377,300

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

6 permits on record since 2019 · $80K total declared value · Most recent: Aug 2024 (building permit)

Building PermitAug 2024Finaled

$60K

LINDUS CONSTRUCTION

ElectricalSep 2023Finaled

$500

MJ ELECTRIC MN INC

Building PermitDec 2021Finaled

—

RENEWAL BY ANDERSEN LLC

MechanicalSep 2019Active/Issued

$18K

Mr GEORGE CARLSON TEAM MECHANICAL INC

MechanicalSep 2019Active/Issued

$1K

Mr GEORGE CARLSON TEAM MECHANICAL 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 width116 ft

Buildable depth26 ft

Area~2,171 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 small multifamily (2–4 units, wood frame) benchmarks for 2,171 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
396 BEACON AVE	JAMES P AND KORI L WINKER LIVING TRUST	SINGLE FAMILY DWELLING, PLATTED LOT	$426,200	53 ft
382 BEACON AVE	SOFIA ISABEL PACHECO FORES	SINGLE FAMILY DWELLING, PLATTED LOT	$270,900	84 ft
400 BEACON AVE	COLLEEN M STRIEGEL GERALD R STRIEGEL	SINGLE FAMILY DWELLING, PLATTED LOT	$334,900	96 ft
1781 ST ANTHONY AVE	TRAVIS R NELSON	SINGLE FAMILY DWELLING, PLATTED LOT	$344,900	112 ft
1777 ST ANTHONY AVE	CLINTON J CHRISTENSEN AARON LITZENBERG	TWO FAMILY DWELLING - UP/DWN	$285,900	124 ft
393 WHEELER ST N	KEVIN M FENELON KEVIN C FENELON	SINGLE FAMILY DWELLING, PLATTED LOT	$344,000	139 ft
406 BEACON AVE	RENEWAL DEVELOPMENT LLC	THREE FAMILY DWELLING, PLATTED LOT	$243,300	142 ft
387 WHEELER ST N	JANET SALK TR	SINGLE FAMILY DWELLING, PLATTED LOT	$348,100	143 ft
376 BEACON AVE	ASHLEY M TIEMAN BRETT R TIEMAN	SINGLE FAMILY DWELLING, PLATTED LOT	$286,400	144 ft
1769 ST ANTHONY AVE	ROGER A CHEATHAM LANA J CHEATHAM	APARTMENTS 4-6 RENTAL UNITS	$457,300	148 ft

Property History

Most Recent Sale

Date2024-01-18

Price—

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.