486 MICHIGAN ST

PID: 012823340200· 2 fields stubbed (see below)

Property Overview

Parcel ID012823340200

Lot Size3,920 sq ft (0.070 ac)

Lot Dimensions (est.)33 ft wide × 79 ft deep

Year Built1930

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerSTEVEN R DROPKIN

Assessed Value$237,200

Land Value$40,000

Building Value$197,200

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

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

8 permits on record since 2015 · $21K total declared value · Most recent: Oct 2022 (mechanical)

MechanicalOct 2022Finaled

$4K

JAMES BOEHM BOEHM HEATING CO

MechanicalAug 2019Finaled

$500

JAMES BOEHM BOEHM HEATING CO

Warm Air, Ventilation & General SheetAug 2019Finaled

$4K

JAMES BOEHM BOEHM HEATING CO

PlumbingAug 2019Finaled

$2K

ANTHONY MANSFIELD AM PLUMBING INC

Building PermitAug 2019Inspected

$10K

GREG BAKKEN ACCESSIBLE HOMES

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 width23 ft

Buildable depth59 ft

Area~1,318 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 1,318 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
496 MICHIGAN ST	CURTIS WAGNER	SINGLE FAMILY DWELLING, PLATTED LOT	$214,400	62 ft
482 MICHIGAN ST	RACHEL WEBER	TWO FAMILY DWELLING - UP/DWN	$311,800	69 ft
222 DUKE ST	ANDREW LABARRE ELIZABETH LABARRE	SINGLE FAMILY DWELLING, PLATTED LOT	$273,000	73 ft
219 COLBORNE ST	DENNIS L REMER KRISTY L REMER	SINGLE FAMILY DWELLING, PLATTED LOT	$218,800	115 ft
228 DUKE ST	DONALD M CARLSON FRANCES B CARLSON	SINGLE FAMILY DWELLING, PLATTED LOT	$240,600	128 ft
211 COLBORNE ST	AMANDA ROSE PREISINGER	SINGLE FAMILY DWELLING, PLATTED LOT	$266,800	131 ft
223 COLBORNE ST	MEG H DUHR NAOMI S BLINICK	SINGLE FAMILY DWELLING, PLATTED LOT	$321,100	138 ft
227 COLBORNE ST	AARON DOBRATZ ALICIA SANFORD DOBRATZ	SINGLE FAMILY DWELLING, PLATTED LOT	$220,300	159 ft
487 MICHIGAN ST	JOSHUA D LASSEN	SINGLE FAMILY DWELLING, PLATTED LOT	$261,500	166 ft
489 MICHIGAN ST	STEVEN R DROPKIN	SINGLE FAMILY DWELLING, PLATTED LOT	$254,700	167 ft

Property History

Most Recent Sale

Date2025-02-10

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.