908 GRAND AVE

PID: 022823310023· 2 fields stubbed (see below)

Property Overview

Parcel ID022823310023

Lot Size10,454 sq ft (0.240 ac)

Lot Dimensions (est.)71 ft wide × 147 ft deep

Year Built1922

Property ClassAPARTMENTS 20-49 RENTAL UNITS

OwnerLAUREL H LEIN ERIC M LEIN

Assessed Value$3,087,600

Land Value$420,000

Building Value$2,667,600

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

1 permit on record since 2024 · $9K total declared value · Most recent: Dec 2024 (plumbing)

PlumbingDec 2024Inspected

$9K

BRUCE NELSON BRUCE NELSON PLBG & HTG SERVICE 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 width61 ft

Buildable depth107 ft

Area~3,397 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 3,397 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
902 GRAND AVE	LAUREL H LEIN ERIC M LEIN	APARTMENTS 20-49 RENTAL UNITS	$3,087,600	70 ft
60 MILTON ST S	60 MILTON, LLC	APARTMENTS 4-6 RENTAL UNITS	$960,600	71 ft
918 GRAND AVE	NANCE L MARSDEN	SMALL (UNDER 10,000 SF) DET. RETAIL	$913,100	79 ft
894 GRAND AVE	LAUREL H LEIN ERIC M LEIN	APARTMENTS 20-49 RENTAL UNITS	$3,087,600	144 ft
911 LINCOLN AVE	KENNETH J ROBINSON PILAR GARRIDO	TWO RESIDENCES ON ONE PARCEL	$946,800	171 ft
917 LINCOLN AVE	HARRY A BLAIR 111 TR	SINGLE FAMILY DWELLING, PLATTED LOT	$331,600	182 ft
0 MILTON ST S	NANCE L MARSDEN	COMMERCIAL VACANT LAND	$93,600	185 ft
51 MILTON ST S	MILTON INVESTMENT LLC	APARTMENTS 4-6 RENTAL UNITS	$1,133,600	187 ft
899 LINCOLN AVE	STEPHANIE DOAN	SINGLE FAMILY W/ACCESSORY UNIT	$1,115,900	201 ft
888 GRAND AVE	1630 MARSHALL LLC	APARTMENTS 20-49 RENTAL UNITS	$1,879,800	213 ft

Property History

Most Recent Sale

Date1998-07-15

Price$100,434

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.