1897 GRAND AVE

PID: 042823310031· 2 fields stubbed (see below)

Property Overview

Parcel ID042823310031

Lot Size7,405 sq ft (0.170 ac)

Lot Dimensions (est.)50 ft wide × 148 ft deep

Year Built1954

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerJNB INVESTMENTS LLC

Assessed Value$1,178,800

Land Value$220,000

Building Value$958,800

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

2 permits on record since 2017 · $22K total declared value · Most recent: Jun 2017 (warm air, ventilation & general sheet)

Warm Air, Ventilation & General SheetJun 2017Finaled

$2K

Kailyn Carson RAYCO CONSTRUCTION INC

Building PermitJun 2017Finaled

$20K

Kailyn Carson RAYCO CONSTRUCTION INC

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

Neighborhood Profile

Saint Paul

Median reported rent1,207/mo

Renter-occupied37.6%

Median home value$519K

Vacancy rate5.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 351

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 width40 ft

Buildable depth108 ft

Area~1,086 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 sfr / adu benchmarks for 1,086 sqft buildable area.

Est. units

Yield on cost

1.9%

Spread

-3.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1903 GRAND AVE	GEORGE VOSNOS AMY SWIER-VOSNOS	SINGLE FAMILY DWELLING, PLATTED LOT	$459,900	50 ft
1891 GRAND AVE	GRAND TEN LLC	APARTMENTS 7-19 RENTAL UNITS	$1,157,000	50 ft
1887 GRAND AVE	PAUL ZENNER LORRI STEFFEN	APARTMENTS 7-19 RENTAL UNITS	$1,053,700	100 ft
1907 GRAND AVE	KIM EVE BINGHAM	SINGLE FAMILY DWELLING, PLATTED LOT	$309,900	100 ft
1881 GRAND AVE	DEANNA KAY STADT	SINGLE FAMILY DWELLING, PLATTED LOT	$270,200	150 ft
1911 GRAND AVE	ROSEMARY J WUBBEN	THREE FAMILY DWELLING, PLATTED LOT	$579,800	150 ft
1896 SUMMIT AVE	JOEL C KOZLAK JANE B KOZLAK	TWO FAMILY DWELLING - UP/DWN	$940,700	195 ft
1917 GRAND AVE	MARY L WILLIAMS ALLAN D OLSON	APARTMENTS 4-6 RENTAL UNITS	$1,154,300	200 ft
1877 GRAND AVE	PAUL ZENNER LORRI STEFFEN	APARTMENTS 20-49 RENTAL UNITS	$2,077,900	200 ft
1902 SUMMIT AVE	KAREN J WAHMANHOLM TR	TWO FAMILY DWELLING - UP/DWN	$857,600	201 ft

Property History

Most Recent Sale

Date2021-10-08

Price$1,375,000

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.