657 GRAND AVE

PID: 022823410029· 2 fields stubbed (see below)

Property Overview

Parcel ID022823410029

Lot Size8,276 sq ft (0.200 ac)

Lot Dimensions (est.)58 ft wide × 143 ft deep

Year Built1905

Property ClassAPARTMENTS 7-19 RENTAL UNITS

Owner21COMO LLC

Assessed Value$1,420,300

Land Value$220,000

Building Value$1,200,300

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

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

Neighborhood Profile

Summit Hill Association · Saint Paul

Median reported rent1,151/mo

Renter-occupied49.5%

Median home value$404K

Vacancy rate10.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 358

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 depth103 ft

Area~1,852 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 1,852 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
653 GRAND AVE	THE SEEDLING CENTER LLC	OFFICE BUILDING 1-2 STORIES	$766,800	48 ft
661 GRAND AVE	R AND M YACKLEY LLC	APARTMENTS 7-19 RENTAL UNITS	$1,373,900	56 ft
649 GRAND AVE	TAB GRAND PARTNERS LLC	MIXED RESID/COMMERCIAL	$1,147,000	92 ft
669 GRAND AVE	PAUL ZENNER LORRI STEFFEN	APARTMENTS 7-19 RENTAL UNITS	$1,373,900	112 ft
643 GRAND AVE	NAKITA G NATALA DAVID K ABBAN	TWO FAMILY DWELLING - UP/DWN	$570,300	130 ft
639 GRAND AVE 1	ELIANA JOHNSON ROMAUS MESA	CONDO	$265,700	168 ft
639 GRAND AVE 2	JENNY LING HICKS	CONDO	$372,300	168 ft
641 GRAND AVE 2	THOMAS FAFINSKI	CONDO	$372,300	168 ft
641 GRAND AVE 1	THOMAS M FAFINSKI	CONDO	$338,800	168 ft
42 ST ALBANS ST S 6B	MARQUITA OLESON	CONDO	$281,500	187 ft

Property History

Most Recent Sale

Date2021-06-09

Price$21,200,000

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.