50 CRETIN AVE S

PID: 052823410102· 2 fields stubbed (see below)

Property Overview

Parcel ID052823410102

Lot Size16,117 sq ft (0.370 ac)

Lot Dimensions (est.)107 ft wide × 151 ft deep

Year Built1927

Property ClassAPARTMENTS 20-49 RENTAL UNITS

OwnerD & D DIVIDE LLC

Assessed Value$5,334,800

Land Value$1,220,100

Building Value$4,114,700

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

15 permits on record since 2016 · $403K total declared value · Most recent: Apr 2025 (building permit)

Building PermitApr 2025Active/Issued

$25K

CHRIS WATSON

Building PermitAug 2022Active/Issued

$80K

MEGAN GRAHAM NEXIUS

ElectricalApr 2022Finaled

$15K

ACE ELECTRICAL CONTRACTORS INC

Building PermitNov 2021Active/Issued

$25K

HILLARY HAGA QUALTEK

Warm Air, Ventilation & General SheetFeb 2021Finaled

$200

JASON WHITHAM J DUBS LLC

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 width97 ft

Buildable depth111 ft

Area~7,327 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 3-story wood frame (5–12 units) benchmarks for 7,327 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2166 GRAND AVE	DADDERS ESTATES LLC	APARTMENTS 7-19 RENTAL UNITS	$1,902,300	78 ft
2158 GRAND AVE	MS FAMILY PROPERTIES (A) LP	APARTMENTS 7-19 RENTAL UNITS	$1,945,400	163 ft
2175 LINCOLN AVE	SAMEER SHARMA EMILY CHAMBERS SHARMA	SINGLE FAMILY DWELLING, PLATTED LOT	$466,400	170 ft
2177 LINCOLN AVE	2177 LINCOLN AVE LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$498,500	174 ft
2171 LINCOLN AVE	MATTHEW MEUWISSAN JESSICA MEUWISSAN	SINGLE FAMILY DWELLING, PLATTED LOT	$401,500	175 ft
2165 LINCOLN AVE	JOHN SKINNER CATHERINE H SKINNER	SINGLE FAMILY DWELLING, PLATTED LOT	$494,000	189 ft
2161 LINCOLN AVE	DANN O CHAPMAN LINDA M CHAPMAN	SINGLE FAMILY DWELLING, PLATTED LOT	$467,900	210 ft
2175 GRAND AVE	UNIVERSITY OF ST THOMAS	EXEMPT, APARTMENT 4+ UNITS	$1,690,700	237 ft
2171 GRAND AVE	UNIVERSITY OF ST THOMAS	EXEMPT, APARTMENT 4+ UNITS	$2,167,600	238 ft
2150 GRAND AVE	KJD RENTAL PROPERTIES LLC	TWO FAMILY DWELLING - SIDE/SIDE	$941,200	242 ft

Property History

Most Recent Sale

Date2024-08-29

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.