2124 GRAND AVE

PID: 052823410153· 2 fields stubbed (see below)

Property Overview

Parcel ID052823410153

Lot Size17,860 sq ft (0.410 ac)

Lot Dimensions (est.)120 ft wide × 151 ft deep

Year Built2013

Property ClassAPARTMENTS 20-49 RENTAL UNITS

OwnerGRAND AND FINN LLC

Assessed Value$5,442,600

Land Value$400,000

Building Value$5,042,600

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

4 permits on record since 2022 · $76K total declared value · Most recent: Jun 2024 (mechanical)

MechanicalJun 2024Finaled

$8K

ERICKSON PLUMBING HEATING COOLING INC

Elevating DeviceMay 2023Finaled

$19K

SCHINDLER ELEVATOR CORPORATION

ElectricalDec 2022Finaled

$15K

Todd Rask VINCO INC

Building PermitNov 2022Active/Issued

$35K

DISH WIRELESS

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 width110 ft

Buildable depth111 ft

Area~8,570 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 5-over-1 podium (12–50 units) benchmarks for 8,570 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2132 GRAND AVE	LUXE INVESTMENTS LLC	APARTMENTS 4-6 RENTAL UNITS	$1,166,700	79 ft
2118 GRAND AVE	FITTY LLC	TWO FAMILY DWELLING - UP/DWN	$470,400	141 ft
64 FINN ST S	FITTY LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$250,800	149 ft
2140 GRAND AVE	GRAND FINN ALLEY APARTMENTS LLC	APARTMENTS 7-19 RENTAL UNITS	$3,624,600	160 ft
2129 LINCOLN AVE	DAVID SCOTT HAND ERIKA RUUD	SINGLE FAMILY DWELLING, PLATTED LOT	$605,400	171 ft
2123 LINCOLN AVE	THOMAS H HOLM	SINGLE FAMILY DWELLING, PLATTED LOT	$310,800	172 ft
2135 LINCOLN AVE	MICHAEL S THOMAS TAMARA M THOMAS	SINGLE FAMILY DWELLING, PLATTED LOT	$957,300	184 ft
2137 LINCOLN AVE	KIRSTIN E HOWELL HUGO GEOVANNY CABRERA LOPEZ	SINGLE FAMILY DWELLING, PLATTED LOT	$629,300	208 ft
2119 LINCOLN AVE	HOANG NGUYEN ASHLEY NGUYEN	SINGLE FAMILY DWELLING, PLATTED LOT	$414,500	219 ft
2117 GRAND AVE	COLLEGE OF ST THOMAS	EXEMPT PROP. OWNED BY PRIVATE SCHOOL	$84,000	232 ft

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.