523 LEXINGTON PKWY N

PID: 342923140083· 2 fields stubbed (see below)

Property Overview

Parcel ID342923140083

Lot Size8,276 sq ft (0.190 ac)

Lot Dimensions (est.)121 ft wide × 68 ft deep

Year Built1922

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerELI PENTCOST

Assessed Value$589,400

Land Value$120,000

Building Value$469,400

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

1 permit on record since 2017 · Most recent: Jul 2017 (building permit)

Building PermitJul 2017Active/Issued

—

BRETT HAWK CONSTRUCTION COMPANY

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Hamline Midway Coalition · Saint Paul

Median reported rent1,126/mo

Renter-occupied24.6%

Median home value$249K

Vacancy rate1.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 323

Zoning

H2Residential

Residential — medium-density multi-unit housing (up to 5 units)

Typical Uses

·Apartment buildings (up to 5 units)
·Duplexes
·Townhomes

Max Height39 ft

Min Setbacks

Front

10 ft

Side

5 ft

Rear

10 ft

Development Potential

Setbacks

Front10 ft

Side (each)5 ft

Rear10 ft

Estimated Buildable Footprint

Buildable width111 ft

Buildable depth48 ft

Area~5,049 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 5,049 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
511 LEXINGTON PKWY N	HAI BA NGUYEN	TWO FAMILY DWELLING - UP/DWN	$267,700	62 ft
531 LEXINGTON PKWY N	KIMBERLY NICOLE ANDREWS	SINGLE FAMILY DWELLING, PLATTED LOT	$343,600	76 ft
1119 SHERBURNE AVE	ANASTASIA POLDA RACHEL FRIEDENSEN	SINGLE FAMILY DWELLING, PLATTED LOT	$299,700	85 ft
535 LEXINGTON PKWY N	LOWERY B SMITH	SINGLE FAMILY DWELLING, PLATTED LOT	$238,700	118 ft
1123 SHERBURNE AVE	SALLIE HARRIS MOHAMMED SHAABAN	SINGLE FAMILY DWELLING, PLATTED LOT	$289,800	123 ft
1118 CHARLES AVE	MATTHEW W MAURY MEGAN R MAURY	SINGLE FAMILY DWELLING, PLATTED LOT	$281,900	141 ft
539 LEXINGTON PKWY N	DANIEL RILEY DEITRA HINCK	SINGLE FAMILY DWELLING, PLATTED LOT	$313,600	158 ft
1127 SHERBURNE AVE	JAMES R JEFFERSON JOELLE JEFFERSON	SINGLE FAMILY DWELLING, PLATTED LOT	$228,900	163 ft
1122 CHARLES AVE	EARTHY HILL GIVENS ANITA HILL GIVENS	SINGLE FAMILY DWELLING, PLATTED LOT	$232,200	167 ft
507 LEXINGTON PKWY N	INGRID LIZBETH HERNANDEZ MONROY ZACK CYPHER	SINGLE FAMILY DWELLING, PLATTED LOT	$249,000	182 ft

Property History

Most Recent Sale

Date2025-04-30

Price$579,900

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.