876 LINCOLN AVE

PID: 022823310040· 2 fields stubbed (see below)

Property Overview

Parcel ID022823310040

Lot Size10,454 sq ft (0.250 ac)

Lot Dimensions (est.)72 ft wide × 145 ft deep

Year Built1908

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerRUSSELL D CAPAROON

Assessed Value$821,200

Land Value$80,000

Building Value$741,200

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

No permits found in Saint Paul open data for this parcel.

Neighborhood Profile

Summit Hill Association · Saint Paul

Median reported rent1,451/mo

Renter-occupied41.1%

Median home value$585K

Vacancy rate3.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 357

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 width62 ft

Buildable depth125 ft

Area~6,773 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 6,773 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
880 LINCOLN AVE	MICHAEL J MURPHY	TWO FAMILY DWELLING - UP/DWN	$538,600	56 ft
91 VICTORIA ST S	VICTORIA APTS LLC	APARTMENTS 20-49 RENTAL UNITS	$3,383,100	90 ft
884 LINCOLN AVE	SCOTT TONNESON JENNIFER THORSON	SINGLE FAMILY DWELLING, PLATTED LOT	$948,200	96 ft
888 LINCOLN AVE	MICHELLE SIMONET DAVID P CHRISTIAN	TWO FAMILY DWELLING - UP/DWN	$761,500	147 ft
107 VICTORIA ST S	CHERYL A DURANT	SINGLE FAMILY DWELLING, PLATTED LOT	$350,800	169 ft
877 GOODRICH AVE	GRETCHEN SHILLINGS	SINGLE FAMILY DWELLING, PLATTED LOT	$919,300	171 ft
873 GOODRICH AVE	JOHN R OTTESON CHRISTINE M OTTESON	SINGLE FAMILY DWELLING, PLATTED LOT	$935,900	176 ft
885 GOODRICH AVE	022823310058	SINGLE FAMILY DWELLING, PLATTED LOT	$856,400	190 ft
81 VICTORIA ST S	DEANNE M GIESER PAUL T GIESER	SINGLE FAMILY DWELLING, PLATTED LOT	$741,000	195 ft
896 LINCOLN AVE	JOHN BARKER TR JANICE BARKER TR	SINGLE FAMILY DWELLING, PLATTED LOT	$774,700	206 ft

Property History

Most Recent Sale

Date2004-09-15

Price$610,000

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.