540 HARRISON AVE

PID: 012823310145· 2 fields stubbed (see below)

Property Overview

Parcel ID012823310145

Lot Size9,583 sq ft (0.220 ac)

Lot Dimensions (est.)153 ft wide × 62 ft deep

Year Built1980

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerMRG REALTY PARTNERS II LLC

Assessed Value$587,500

Land Value$80,000

Building Value$507,500

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 2018 · Most recent: Aug 2018 (building permit)

Building PermitAug 2018Finaled

—

Kailyn Carson RAYCO CONSTRUCTION INC

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

Neighborhood Profile

West 7th St / Fort Road Federation · Saint Paul

Median reported rent1,380/mo

Renter-occupied50.6%

Median home value$234K

Vacancy rate7.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 369

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 width143 ft

Buildable depth42 ft

Area~5,972 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 5,972 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
532 HARRISON AVE	CHERYL L BRENNER	SINGLE FAMILY DWELLING, PLATTED LOT	$258,100	67 ft
546 HARRISON AVE	MAYHEM RENTAL PROPERTY LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$217,700	92 ft
528 HARRISON AVE	FRAN MEGAN WOSTER	SINGLE FAMILY DWELLING, PLATTED LOT	$299,800	109 ft
425 GOODRICH AVE	THOMAS A LLOYD RACHEL A MALCHOW LLOYD	SINGLE FAMILY DWELLING, PLATTED LOT	$305,000	123 ft
421 GOODRICH AVE	SARA J DIEDRICH STEVEN JAMES DIEDRICH	SINGLE FAMILY DWELLING, PLATTED LOT	$362,200	125 ft
429 GOODRICH AVE	KEVIN R JOHNSON	SINGLE FAMILY DWELLING, PLATTED LOT	$315,300	133 ft
417 GOODRICH AVE	ZACHARY E STELTER LAUREN STELTER	SINGLE FAMILY DWELLING, PLATTED LOT	$240,100	139 ft
524 HARRISON AVE	SCOTT S WOLF ALIYA N HINZ	SINGLE FAMILY DWELLING, PLATTED LOT	$275,000	151 ft
433 GOODRICH AVE	CASSEY M JOHNSON	TWO FAMILY DWELLING - UP/DWN	$242,600	154 ft
413 GOODRICH AVE	ANTONIO BACKMAN ELIZABETH W PORTER	SINGLE FAMILY DWELLING, PLATTED LOT	$311,900	162 ft

Property History

Most Recent Sale

Date2018-11-15

Price$475,000

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.