1861 RANDOLPH AVE

PID: 092823240151· 2 fields stubbed (see below)

Property Overview

Parcel ID092823240151

Lot Size9,583 sq ft (0.220 ac)

Lot Dimensions (est.)80 ft wide × 120 ft deep

Year Built1941

Property ClassAPARTMENTS 20-49 RENTAL UNITS

OwnerPAUL ZENNER LORRI STEFFEN

Assessed Value$2,062,800

Land Value$420,000

Building Value$1,642,800

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

3 permits on record since 2017 · $9K total declared value · Most recent: Jun 2017 (building permit)

Building PermitJun 2017Finaled

$4K

HOME IMPROVEMENT SHOP INC

Building PermitMay 2017Finaled

$4K

HOME IMPROVEMENT SHOP INC

ElectricalApr 2017Finaled

$1K

MJ ELECTRIC MN INC

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 rent1,314/mo

Renter-occupied27.9%

Median home value$453K

Vacancy rate3.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 363

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 width70 ft

Buildable depth80 ft

Area~3,283 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 3,283 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
1865 RANDOLPH AVE	DONNA JEAN JOHNSON TR	SINGLE FAMILY DWELLING, PLATTED LOT	$262,100	60 ft
1853 RANDOLPH AVE	PAUL ZENNER LORRI STEFFEN	APARTMENTS 20-49 RENTAL UNITS	$1,974,000	69 ft
1871 RANDOLPH AVE	PAUL ZENNER LORRI STEFFEN	APARTMENTS 7-19 RENTAL UNITS	$1,576,800	120 ft
1847 RANDOLPH AVE	PAUL ZENNER LORRI STEFFEN	APARTMENTS 20-49 RENTAL UNITS	$1,974,000	126 ft
1862 JAMES AVE	STEPHEN M BUSSE TR LYNN M BUSSE TR	SINGLE FAMILY DWELLING, PLATTED LOT	$460,100	140 ft
1858 JAMES AVE	STEVEN BIELOH SARAH MATSCHKE	SINGLE FAMILY DWELLING, PLATTED LOT	$449,200	140 ft
1852 JAMES AVE	DAVID DELLANAVE	SINGLE FAMILY DWELLING, PLATTED LOT	$711,300	151 ft
1866 JAMES AVE	KENNEDY KISPERT CASEY KISPERT	SINGLE FAMILY DWELLING, PLATTED LOT	$464,000	151 ft
0 RANDOLPH AVE	PAUL ZENNER LORRI STEFFEN	APARTMENT VACANT LAND	$42,900	167 ft
1848 JAMES AVE	JENNA ADAMSON	SINGLE FAMILY DWELLING, PLATTED LOT	$372,400	169 ft

Property History

Most Recent Sale

Date2018-01-02

Price$5,200,000

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.