1991 GRAND AVE

PID: 042823320033· 2 fields stubbed (see below)

Property Overview

Parcel ID042823320033

Lot Size7,405 sq ft (0.170 ac)

Lot Dimensions (est.)51 ft wide × 147 ft deep

Year Built1951

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerINVESTMENT LLC

Assessed Value$855,800

Land Value$120,000

Building Value$735,800

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 2020 · $10K total declared value · Most recent: Sep 2020 (mechanical)

MechanicalSep 2020Finaled

$9K

JAMES BOEHM BOEHM HEATING CO

MechanicalSep 2020Finaled

$800

JAMES BOEHM BOEHM HEATING CO

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

Neighborhood Profile

Macalester Groveland Community Council · Saint Paul

Median reported rent1,151/mo

Renter-occupied43.9%

Median home value$510K

Vacancy rate22.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 349

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 width41 ft

Buildable depth107 ft

Area~1,018 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 1,018 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
1995 GRAND AVE	1995 GRAND LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$419,700	44 ft
1985 GRAND AVE	MS FAMILY PROPERTIES (B) LP	APARTMENTS 20-49 RENTAL UNITS	$2,077,000	54 ft
1997 GRAND AVE	DIANN L CLENDENING	SINGLE FAMILY DWELLING, PLATTED LOT	$311,600	89 ft
1979 GRAND AVE	MICHAEL W RUDH KATHLEEN L RUDH	SINGLE FAMILY DWELLING, PLATTED LOT	$399,400	109 ft
2003 GRAND AVE	PERGOLA LLC	APARTMENTS 7-19 RENTAL UNITS	$1,015,400	142 ft
1977 GRAND AVE	ST PAULS OUTREACH INC	RES/EXEMPT SINGLE FAMILY DWELLING	$540,300	158 ft
1994 SUMMIT AVE	JAMES CHRISTOPHER FARLEY TR PAULA A GUERRA TR	SINGLE FAMILY DWELLING, PLATTED LOT	$1,178,500	196 ft
1990 GRAND AVE	SUSIE PARK	TOWNHOME - OUTER UNIT	$494,800	197 ft
2017 GRAND AVE	MARLENE A BARRETT	TOWNHOME - OUTER UNIT	$376,600	198 ft
2005 GRAND AVE	SANDRA L MENSSEN TR	TOWNHOME - OUTER UNIT	$377,200	198 ft

Property History

Most Recent Sale

Date2025-06-13

Price$700,000

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.