2064 NILES AVE

PID: 082823410139· 2 fields stubbed (see below)

Property Overview

Parcel ID082823410139

Lot Size16,988 sq ft (0.390 ac)

Lot Dimensions (est.)124 ft wide × 137 ft deep

Year Built1947

Property ClassAPARTMENTS 20-49 RENTAL UNITS

OwnerPAUL ZENNER LORRI STEFFEN

Assessed Value$1,964,900

Land Value$400,000

Building Value$1,564,900

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

No permits found in Saint Paul open data for this parcel.

Neighborhood Profile

Highland District Council · Saint Paul

Median reported rent1,197/mo

Renter-occupied39.4%

Median home value$456K

Vacancy rate9.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 430.01

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 width114 ft

Buildable depth97 ft

Area~8,063 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 8,063 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
2076 NILES AVE	JOHN ZIMMERMAN ANNE-MARIE ZIMMERMAN	SINGLE FAMILY W/ACCESSORY UNIT	$518,700	102 ft
563 CLEVELAND AVE S	COMO II LLC	APARTMENTS 20-49 RENTAL UNITS	$3,284,700	136 ft
2080 NILES AVE	ANN C BOTKIN	SINGLE FAMILY DWELLING, PLATTED LOT	$329,200	142 ft
2065 NILES AVE	NILES FAMILY LIMITED	APARTMENTS 4-6 RENTAL UNITS	$953,600	154 ft
2075 WATSON AVE	PETER RAY JENNA REISER RAY	SINGLE FAMILY DWELLING, PLATTED LOT	$330,100	174 ft
2084 NILES AVE	KARL D JOHNSON	SINGLE FAMILY DWELLING, PLATTED LOT	$421,500	184 ft
2079 WATSON AVE	RACHEL ANDERSON BENJAMIN ANDERSON	SINGLE FAMILY DWELLING, PLATTED LOT	$422,800	200 ft
529 CLEVELAND AVE S	NILES FAMILY LIMITED	APARTMENTS 4-6 RENTAL UNITS	$997,700	207 ft
2077 NILES AVE	JASON D DALLY JENNIFER FAY WU	SINGLE FAMILY DWELLING, PLATTED LOT	$676,900	221 ft
2088 NILES AVE	MARY PAT SUEL	SINGLE FAMILY DWELLING, PLATTED LOT	$408,500	228 ft

Property History

Most Recent Sale

Date1994-04-01

Price$462,500

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.