1023 GRAND AVE

PID: 022823320009· 2 fields stubbed (see below)

Property Overview

Parcel ID022823320009

Lot Size9,148 sq ft (0.200 ac)

Lot Dimensions (est.)61 ft wide × 150 ft deep

Year Built1922

Property ClassAPARTMENTS 7-19 RENTAL UNITS

Owner1023 GRAND ONE LLC 1023 GRAND TWO LLC

Assessed Value$1,018,200

Land Value$200,000

Building Value$818,200

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 rent1,277/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 width51 ft

Buildable depth110 ft

Area~2,132 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 2,132 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1029 GRAND AVE	GRAND AVENUE PARTNERS LLC	TWO FAMILY DWELLING - UP/DWN	$421,700	49 ft
1017 GRAND AVE	1017 GRAND LLC	APARTMENTS 4-6 RENTAL UNITS	$783,600	56 ft
1033 GRAND AVE	ZHUO LING REN TR	MIXED RESID/COMMERCIAL	$798,800	96 ft
1015 GRAND AVE	JAGER REAL ESTATE HOLDINGS, LLC	APARTMENTS 4-6 RENTAL UNITS	$774,300	106 ft
1037 GRAND AVE	OXFORD HILL DEV GROUP II LLC	SMALL (UNDER 10,000 SF) DET. RETAIL	$1,910,900	146 ft
1009 GRAND AVE	MICHAEL QUIGLEY CHRISTINA L QUIGLEY	SINGLE FAMILY DWELLING, PLATTED LOT	$596,400	151 ft
24 OXFORD ST S	CHRISTOPHER L ERIKSEN LISA A ERIKSEN	SINGLE FAMILY DWELLING, PLATTED LOT	$397,000	167 ft
1003 GRAND AVE	1003 GRAND AVENUE LLC	APARTMENTS 4-6 RENTAL UNITS	$738,000	195 ft
1022 GRAND AVE	LARRY KUENSTER TAMARA KUENSTER	TWO FAMILY DWELLING - UP/DWN	$464,100	229 ft
1020 GRAND AVE	MICHAEL PHILLIP WAHLBERG	SINGLE FAMILY DWELLING, PLATTED LOT	$435,500	231 ft

Property History

Most Recent Sale

Date2023-12-20

Price$1,130,000

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.