888 GRAND AVE

PID: 022823310020· 2 fields stubbed (see below)

Property Overview

Parcel ID022823310020

Lot Size7,405 sq ft (0.200 ac)

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

Year Built1922

Property ClassAPARTMENTS 20-49 RENTAL UNITS

Owner1630 MARSHALL LLC

Assessed Value$1,879,800

Land Value$400,000

Building Value$1,479,800

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

4 permits on record since 2017 · $124K total declared value · Most recent: Mar 2022 (mechanical)

MechanicalMar 2022Inspected

$96K

RICHARD PETERSON CITIES 1 PLUMBING AND HEATING INC

MechanicalMar 2022Inspected

$1K

RICHARD PETERSON CITIES 1 PLUMBING AND HEATING INC

Warm Air, Ventilation & General SheetJun 2017Finaled

$4K

Kailyn Carson RAYCO CONSTRUCTION INC

Building PermitJun 2017Finaled

$23K

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

Summit Hill Association · Saint Paul

Median reported rent1,277/mo

Renter-occupied49.0%

Median home value$530K

Vacancy rate6.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 429

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 width49 ft

Buildable depth85 ft

Area~2,073 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 2,073 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
894 GRAND AVE	LAUREL H LEIN ERIC M LEIN	APARTMENTS 20-49 RENTAL UNITS	$3,087,600	69 ft
902 GRAND AVE	LAUREL H LEIN ERIC M LEIN	APARTMENTS 20-49 RENTAL UNITS	$3,087,600	143 ft
870 GRAND AVE	GRAND PLACE LLC	NEIGHBORHOOD SHOPPING CENTER	$8,250,000	157 ft
889 LINCOLN AVE	RUSSELL J LOOMIS JR	TWO FAMILY DWELLING - UP/DWN	$678,200	172 ft
893 LINCOLN AVE	NED T BROOKS GUDRUN L BROOKS	TWO FAMILY DWELLING - UP/DWN	$550,300	174 ft
885 LINCOLN AVE	022823310032	SINGLE FAMILY DWELLING, PLATTED LOT	$608,600	178 ft
881 LINCOLN AVE	JENNIFER HOWE BRADLEY HOWE	SINGLE FAMILY DWELLING, PLATTED LOT	$1,000,400	194 ft
899 LINCOLN AVE	STEPHANIE DOAN	SINGLE FAMILY W/ACCESSORY UNIT	$1,115,900	203 ft
908 GRAND AVE	LAUREL H LEIN ERIC M LEIN	APARTMENTS 20-49 RENTAL UNITS	$3,087,600	213 ft
877 LINCOLN AVE	KENDALL PRICE MICHELLE LOKEN PRICE	SINGLE FAMILY DWELLING, PLATTED LOT	$757,000	216 ft

Property History

Most Recent Sale

Date2025-09-05

Price$2,085,000

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.