203 VIRGINIA ST

PID: 012823120034· 2 fields stubbed (see below)

Property Overview

Parcel ID012823120034

Lot Size9,148 sq ft (0.210 ac)

Lot Dimensions (est.)79 ft wide × 116 ft deep

Year Built1906

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerREJUV A HOME INC

Assessed Value$2,606,200

Land Value$280,000

Building Value$2,326,200

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

15 permits on record since 2016 · $80K total declared value · Most recent: Jan 2023 (mechanical)

MechanicalJan 2023Finaled

$3K

DARLENE WHITEHEAD H2C

MechanicalJan 2023Finaled

$3K

DARLENE WHITEHEAD H2C

MechanicalDec 2019Active/Issued

$20K

DARLENE WHITEHEAD H2C

Warm Air, Ventilation & General SheetDec 2019Active/Issued

$20K

DARLENE WHITEHEAD H2C

MechanicalAug 2019Active/Issued

$3K

DARLENE WHITEHEAD H2C

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

Neighborhood Profile

Summit-University Planning Council · Saint Paul

Median reported rent1,124/mo

Renter-occupied61.5%

Median home value$295K

Vacancy rate5.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 340

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 width69 ft

Buildable depth76 ft

Area~2,936 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 2,936 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 DAYTON AVE	22 WESTERN LLC	APARTMENT VACANT LAND	$86,800	77 ft
219 VIRGINIA ST	22 WESTERN LLC	APARTMENTS 7-19 RENTAL UNITS	$898,500	116 ft
341 DAYTON AVE	JULIA S BURGESS TR WADE M BURGESS TR	SINGLE FAMILY DWELLING, PLATTED LOT	$1,345,500	176 ft
204 WESTERN AVE N	22 WESTERN LLC	APARTMENTS 20-49 RENTAL UNITS	$3,344,100	182 ft
370 MARSHALL ST 106	JAMES CRAIG LAREW MARY SPALDING LAREW	CONDO	$299,100	182 ft
370 MARSHALL AVE 109	SHARON KAY LONG TR MARGARET MARY SCHULTE TR	CONDO	$483,800	182 ft
370 MARSHALL AVE 204	BRADLEY TOUHEY	CONDO	$276,600	182 ft
370 MARSHALL AVE 208	LORNA L RUPP	CONDO	$257,500	182 ft
370 MARSHALL AVE 209	JENNIFER VETTER	CONDO	$443,500	182 ft
370 MARSHALL AVE 210	COURTNEY N LIGDAY	CONDO	$272,300	182 ft

Property History

Most Recent Sale

Date2002-12-27

Price$700,000

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.