163 FARRINGTON ST

PID: 012823120187· 2 fields stubbed (see below)

Property Overview

Parcel ID012823120187

Lot Size16,988 sq ft (0.390 ac)

Lot Dimensions (est.)142 ft wide × 119 ft deep

Year Built1987

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerFARRINGTON PLACE LP

Assessed Value$1,480,000

Land Value$200,000

Building Value$1,280,000

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

9 permits on record since 2015 · $397K total declared value · Most recent: Aug 2024 (warm air, ventilation & general sheet)

Warm Air, Ventilation & General SheetAug 2024Active/Issued

$5K

APOLLO HEATING AND VENTILATING

ElectricalJun 2024Finaled

$1K

Mr. Thomas Huttner Tommy's Electric

Building PermitMay 2024Finaled

$358K

PAUL THEIS GARLOCK FRENCH ROOFING

Warm Air, Ventilation & General SheetJan 2024Finaled

$26K

RICK BINDER BINDER HEATING & A/C INC

MechanicalJan 2024Finaled

$2K

RICK BINDER BINDER HEATING & A/C INC

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 rent1,172/mo

Renter-occupied59.0%

Median home value$399K

Vacancy rate4.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 355

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 width132 ft

Buildable depth79 ft

Area~8,178 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 8,178 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
162 VIRGINIA ST	ST PAUL SCTY NEW JERUSALEM CH	EXEMPT, VACANT LAND	$51,000	144 ft
170 VIRGINIA ST	VIRGINIA STREET CHURCH	EXEMPT, CHURCH, PUBLIC WORSHIP, PRIV	$573,800	145 ft
166 FARRINGTON ST	CHARLES WHITAKER	TOWNHOME-INNER UNIT	$418,800	176 ft
162 FARRINGTON ST	JAMES MICHAEL CHING BARBARA CHING	TOWNHOME - OUTER UNIT	$410,500	177 ft
170 FARRINGTON ST	JON R WENDT MINH H D WENDT	TOWNHOME-INNER UNIT	$393,200	180 ft
325 LAUREL AVE	ST PAUL PUBLIC HOUSING AGENCY	EXEMPT, APARTMENT 4+ UNITS	$8,614,200	190 ft
314 SELBY AVE	JAMES T SKONNORD	TOWNHOME-INNER UNIT	$421,300	194 ft
310 SELBY AVE	GREGORY H MASON TR RUTH S MASON TR	TOWNHOME-INNER UNIT	$418,800	216 ft
158 FARRINGTON ST	PAUL R KAUFMAN PATRICIA H KAUFMAN	TWIN HOME	$791,800	217 ft
0 FARRINGTON ST	SUMMIT PLACE MASTER ASSOC 1	TOWNHOME - NON-TAX OUTLOT	$100	223 ft

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.