934 GRAND AVE

PID: 022823310085· 2 fields stubbed (see below)

Property Overview

Parcel ID022823310085

Lot Size9,148 sq ft (0.200 ac)

Lot Dimensions (est.)58 ft wide × 157 ft deep

Year Built1922

Property ClassAPARTMENTS 20-49 RENTAL UNITS

OwnerLAUREL H LEIN ERIC M LEIN

Assessed Value$2,971,300

Land Value$400,000

Building Value$2,571,300

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

2 permits on record since 2016 · $33K total declared value · Most recent: Aug 2016 (warm air, ventilation & general sheet)

Warm Air, Ventilation & General SheetAug 2016Finaled

$1K

Bruette BRUETTE ROOFING INC

Building PermitJul 2016Finaled

$32K

Bruette BRUETTE ROOFING 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 width48 ft

Buildable depth117 ft

Area~1,976 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 1,976 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
940 GRAND AVE	JESSIE H ZHANG	MIXED RESID/COMMERCIAL	$626,000	49 ft
928 GRAND AVE	BEBE W JACQUE	APARTMENTS 20-49 RENTAL UNITS	$2,371,000	60 ft
944 GRAND AVE	ROOFTOP PROPERTIES LLC	OFFICE BUILDING 1-2 STORIES	$605,200	99 ft
0 MILTON ST S	NANCE L MARSDEN	COMMERCIAL VACANT LAND	$93,600	126 ft
51 MILTON ST S	MILTON INVESTMENT LLC	APARTMENTS 4-6 RENTAL UNITS	$1,133,600	127 ft
952 GRAND AVE	SAUER FAMILY FOUNDATION	EXEMPT, WELFARE/CHARIT FACILITY	$810,500	159 ft
937 LINCOLN AVE	022823310154	SINGLE FAMILY DWELLING, PLATTED LOT	$819,200	172 ft
931 LINCOLN AVE	MICHAEL G HALLORAN MARJA I LUTSEP	SINGLE FAMILY DWELLING, PLATTED LOT	$1,561,700	176 ft
945 LINCOLN AVE	THOMAS P DUCKER SUZANNE J DUCKER	SINGLE FAMILY DWELLING, PLATTED LOT	$1,063,800	186 ft
927 LINCOLN AVE	PHILIP GJ MCKOY AIMEE S MCKOY	SINGLE FAMILY DWELLING, PLATTED LOT	$1,455,000	189 ft

Property History

Most Recent Sale

Date1991-12-02

Price$498,000

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.