1240 ST CLAIR AVE

PID: 102823120005· 2 fields stubbed (see below)

Property Overview

Parcel ID102823120005

Lot Size10,019 sq ft (0.230 ac)

Lot Dimensions (est.)79 ft wide × 126 ft deep

Year Built1953

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerELIZABETH LEWIS

Assessed Value$983,700

Land Value$200,000

Building Value$783,700

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

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

Neighborhood Profile

Macalester Groveland Community Council · Saint Paul

Median reported rent1,181/mo

Renter-occupied17.0%

Median home value$358K

Vacancy rate4.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 366

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 width69 ft

Buildable depth86 ft

Area~3,308 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 3,308 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1234 ST CLAIR AVE	GRETE GOETZ MARK C GOETZ	SINGLE FAMILY DWELLING, PLATTED LOT	$280,200	59 ft
1248 ST CLAIR AVE	ELIZABETH LEWIS	APARTMENTS 7-19 RENTAL UNITS	$983,700	79 ft
1230 ST CLAIR AVE	SARAH ANN KOPP	SINGLE FAMILY DWELLING, PLATTED LOT	$298,500	99 ft
1226 ST CLAIR AVE	LINDSEY JACKSON	SINGLE FAMILY DWELLING, PLATTED LOT	$270,100	139 ft
1254 ST CLAIR AVE	ELIZABETH LEWIS	SINGLE FAMILY DWELLING, PLATTED LOT	$288,000	139 ft
1239 BERKELEY AVE	CHARLES GARDNER	SINGLE FAMILY DWELLING, PLATTED LOT	$382,900	145 ft
1243 BERKELEY AVE	PAUL STANDAL LISA STANDAL	SINGLE FAMILY DWELLING, PLATTED LOT	$408,100	145 ft
1247 BERKELEY AVE	KENDRICK D LEWIS KATIE H LEWIS	SINGLE FAMILY DWELLING, PLATTED LOT	$511,000	155 ft
1235 BERKELEY AVE	LOUIS ROBERT FARMER LIU	SINGLE FAMILY DWELLING, PLATTED LOT	$482,800	156 ft
1251 BERKELEY AVE	DANIELLE B SCHNEEMAN PATRICK K SCHNEEMAN	SINGLE FAMILY DWELLING, PLATTED LOT	$590,600	174 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.