108 PIERCE ST

PID: 042823140063· 2 fields stubbed (see below)

Property Overview

Parcel ID042823140063

Lot Size3,920 sq ft (0.090 ac)

Lot Dimensions (est.)50 ft wide × 79 ft deep

Year Built1921

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerRP GRAND LLC

Assessed Value$984,800

Land Value$200,000

Building Value$784,800

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

1 permit on record since 2018 · Most recent: Aug 2018 (building permit)

Building PermitAug 2018Inspected

—

KEVIN HAUGTVEDT A PLUS WINDOWS

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Union Park District Council · Saint Paul

Median reported rent1,251/mo

Renter-occupied43.3%

Median home value$433K

Vacancy rate1.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 350

Zoning

H1Residential

Residential — small-scale multi-unit housing (up to 4 units)

Typical Uses

·Single-family homes
·Duplexes
·Triplexes
·4-unit buildings

Max Height35 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 width40 ft

Buildable depth59 ft

Area~1,761 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 1,761 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1660 LAUREL AVE	RICHARD G ERSTAD SHIRLEY M ERSTAD	SINGLE FAMILY DWELLING, PLATTED LOT	$583,100	58 ft
1664 LAUREL AVE	JEFFREY W DREHER TIFFANY RUTH DREHER	SINGLE FAMILY DWELLING, PLATTED LOT	$481,700	75 ft
1656 LAUREL AVE	WILLIAM T REILEY KATHRYN J REILEY	SINGLE FAMILY DWELLING, PLATTED LOT	$566,900	95 ft
1670 LAUREL AVE 3	LORI MARCO	CONDO	$229,200	121 ft
1670 LAUREL AVE 5	HEATHER L KNIGHT	CONDO	$148,800	121 ft
1670 LAUREL AVE 1	JILL C ROBERTS	CONDO	$229,200	121 ft
1670 LAUREL AVE 2	EMILY GRACE CHRISTIE TR	CONDO	$229,200	121 ft
1670 LAUREL AVE 4	KATHRYN BARTHEMLES ADAM R COLBERG	CONDO	$229,200	121 ft
1652 LAUREL AVE	MICHAEL J KLEVAY CHRISTINE K SCHWAB	SINGLE FAMILY DWELLING, PLATTED LOT	$513,300	133 ft
1665 ASHLAND AVE	ROBERTA J CORDANO MARY S BAREMORE	SINGLE FAMILY DWELLING, PLATTED LOT	$577,600	135 ft

Property History

Most Recent Sale

Date2005-12-16

Price$505,000

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.