1186 GRAND AVE

PID: 032823410041· 2 fields stubbed (see below)

Property Overview

Parcel ID032823410041

Lot Size9,148 sq ft (0.210 ac)

Lot Dimensions (est.)63 ft wide × 146 ft deep

Year Built1926

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerZEVA LLC

Assessed Value$1,588,100

Land Value$360,000

Building Value$1,228,100

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

9 permits on record since 2017 · $62K total declared value · Most recent: May 2022 (plumbing)

PlumbingMay 2022Finaled

$3K

RICHARD PETERSON CITIES 1 PLUMBING AND HEATING INC

ElectricalDec 2020Finaled

$8K

TIM KUNKEL ELECTRIC LLC

PlumbingDec 2020Finaled

$5K

RICHARD PETERSON CITIES 1 PLUMBING AND HEATING INC

Building PermitOct 2020Finaled

$7K

Joseph H Wolkowicz

MechanicalJan 2020Active/Issued

$14K

RICHARD PETERSON CITIES 1 PLUMBING AND HEATING 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 rent1,149/mo

Renter-occupied40.7%

Median home value$426K

Vacancy rate7.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 353

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 width53 ft

Buildable depth106 ft

Area~2,383 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 2,383 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1192 GRAND AVE	FRITZ MANAGEMENT LLC	SMALL (UNDER 10,000 SF) DET. RETAIL	$612,100	52 ft
1180 GRAND AVE	GRAND AVE APTS L.P	APARTMENTS 7-19 RENTAL UNITS	$1,804,600	59 ft
1196 GRAND AVE	FRITZ MANAGEMENT LLC	SMALL (UNDER 10,000 SF) DET. RETAIL	$724,500	92 ft
1174 GRAND AVE UNIT 3	ADAM A NELSON ORIANA NELSON	CONDO	$661,700	118 ft
1174 GRAND AVE UNIT 2	BARBARA C JIRIK	CONDO	$629,200	118 ft
1174 GRAND AVE UNIT 1	KATHERINE HEINY	CONDO	$671,000	118 ft
1174 GRAND AVE UNIT 5	JOHN R JONES SUSAN JONES	CONDO	$691,500	118 ft
1174 GRAND AVE UNIT 6	YAMINI R PATEL TR	CONDO	$695,000	118 ft
1174 GRAND AVE UNIT 4	JEAN MCALEER	CONDO	$629,200	118 ft
1200 GRAND AVE	RONDO HOMES LLC	APARTMENTS 7-19 RENTAL UNITS	$790,600	131 ft

Property History

Most Recent Sale

Date2025-01-16

Price—

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.