1716 GRAND AVE

PID: 042823420059· 2 fields stubbed (see below)

Property Overview

Parcel ID042823420059

Lot Size7,405 sq ft (0.170 ac)

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

Year Built1923

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerGRAND AVE LB LLC

Assessed Value$998,500

Land Value$200,000

Building Value$798,500

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 2019 · $10K total declared value · Most recent: Jul 2024 (electrical)

ElectricalJul 2024Finaled

$10K

Sam Mertens GOOD LIFE ELECTRIC

ElectricalJan 2019Finaled

$350

Mrs Amy Henschell BRITE LITE ELECTRIC 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 rent1,207/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~1,104 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 1,104 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1712 GRAND AVE	GRAND AVE PORTFOLIO LLC	APARTMENTS 7-19 RENTAL UNITS	$886,100	50 ft
1722 GRAND AVE	M J GRAND LLC	APARTMENTS 7-19 RENTAL UNITS	$1,208,900	50 ft
1708 GRAND AVE	GRAND AVE PORTFOLIO LLC	APARTMENTS 7-19 RENTAL UNITS	$903,100	100 ft
1726 GRAND AVE	JAMES J HALLERMANN	APARTMENTS 4-6 RENTAL UNITS	$943,500	100 ft
1730 GRAND AVE	MILLENNIAL REAL ESTATE LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$387,700	146 ft
1704 GRAND AVE	MORROW PARTNERS INC	APARTMENTS 4-6 RENTAL UNITS	$694,600	151 ft
1725 LINCOLN AVE	LISA CURRY-POCHY KEITH CURRY-POCHY	SINGLE FAMILY DWELLING, PLATTED LOT	$358,700	168 ft
1731 LINCOLN AVE	RAYMOND C NEWTON KATHLEEN C NEWTON	SINGLE FAMILY DWELLING, PLATTED LOT	$447,700	175 ft
1717 LINCOLN AVE	CHIP F PETERSON ROSA MARIA DELACUEVA PETERSON	TWO FAMILY DWELLING - UP/DWN	$551,000	175 ft
54 WHEELER ST S	THJ PROPERTIES LLC	COMMERCIAL VACANT LAND	$151,200	192 ft

Property History

Most Recent Sale

Date2024-11-20

Price$1,300,000

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.