475 ST CLAIR AVE

PID: 012823340207· 2 fields stubbed (see below)

Property Overview

Parcel ID012823340207

Lot Size7,405 sq ft (0.170 ac)

Lot Dimensions (est.)125 ft wide × 59 ft deep

Year Built1959

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerFIFZ-ST CLAIR LLC

Assessed Value$722,400

Land Value$140,000

Building Value$582,400

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

3 permits on record since 2023 · $4K total declared value · Most recent: Aug 2024 (plumbing)

PlumbingAug 2024Finaled

$2K

BRIAN KALLIOINEN BKMC

PlumbingMay 2024Finaled

$650

BUSBY DASENT MESPO HEATING & COOLING

ElectricalApr 2023Finaled

$700

MARSHALL ELECTRIC COMPANY 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 width115 ft

Buildable depth39 ft

Area~4,117 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 4,117 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
231 COLBORNE ST	KATHERINE NYBERG SOREN NYBERG	SINGLE FAMILY DWELLING, PLATTED LOT	$262,100	50 ft
227 COLBORNE ST	AARON DOBRATZ ALICIA SANFORD DOBRATZ	SINGLE FAMILY DWELLING, PLATTED LOT	$220,300	80 ft
487 ST CLAIR AVE	MATTHEW GUHANICK	SINGLE FAMILY DWELLING, PLATTED LOT	$300,500	103 ft
223 COLBORNE ST	MEG H DUHR NAOMI S BLINICK	SINGLE FAMILY DWELLING, PLATTED LOT	$321,100	110 ft
241 COLBORNE ST	PAUL HESS	SINGLE FAMILY DWELLING, PLATTED LOT	$227,800	126 ft
480 ST CLAIR AVE	ROBERT L SMITH III	SINGLE FAMILY DWELLING, PLATTED LOT	$237,800	128 ft
493 ST CLAIR AVE	JEFFREY A KEARNS	SINGLE FAMILY DWELLING, PLATTED LOT	$196,800	140 ft
219 COLBORNE ST	DENNIS L REMER KRISTY L REMER	SINGLE FAMILY DWELLING, PLATTED LOT	$218,800	149 ft
245 COLBORNE ST	HENNEPIN RP FUNDING LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$251,700	160 ft
248 DUKE ST	CHRISTINE M BARKDULL	SINGLE FAMILY DWELLING, PLATTED LOT	$201,200	161 ft

Property History

Most Recent Sale

Date2023-09-20

Price$880,000

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.