1440 RANDOLPH AVE

PID: 102823310005· 2 fields stubbed (see below)

Property Overview

Parcel ID102823310005

Lot Size70,132 sq ft (1.610 ac)

Lot Dimensions (est.)347 ft wide × 202 ft deep

Year Built1969

Property ClassAPARTMENTS 50-99 RENTAL UNITS

Owner1440 LLC

Assessed Value$8,230,500

Land Value$1,360,000

Building Value$6,870,500

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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 2016 · $4K total declared value · Most recent: Jun 2024 (electrical)

ElectricalJun 2024Active/Issued

$750

Myron Woolridge ISANTI ELECTRIC INC

Building PermitApr 2017Active/Issued

—

BERWALD ROOFING COMPANY INC

MechanicalNov 2016Finaled

$3K

JEFF ULRICH NASSEFF MECHANICAL

Building PermitSep 2016Active/Issued

—

BEISSEL WINDOW & SIDING CO

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Highland District Council · Saint Paul

Median reported rent1,199/mo

Renter-occupied36.0%

Median home value$373K

Vacancy rate3.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 365

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 width337 ft

Buildable depth162 ft

Area~49,487 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 49,487 sqft buildable area.

Est. units

362

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1443 RANDOLPH AVE	BRIAN K MOERER VICKY DONALDSON MOERER	SINGLE FAMILY DWELLING, PLATTED LOT	$294,400	242 ft
1447 RANDOLPH AVE	THOMAS M CRANE TIEA-LOUISE CRANE	SINGLE FAMILY DWELLING, PLATTED LOT	$468,700	244 ft
1437 RANDOLPH AVE	RICHARD SKELLEY II AUTUMN SKELLEY	SINGLE FAMILY DWELLING, PLATTED LOT	$300,800	245 ft
1451 RANDOLPH AVE	LINDA K BARNETT TR	SINGLE FAMILY DWELLING, PLATTED LOT	$347,100	254 ft
1435 RANDOLPH AVE	KRISTINE M CONNETT	SINGLE FAMILY DWELLING, PLATTED LOT	$414,700	255 ft
1455 RANDOLPH AVE	BELENDIA FRENCH	SINGLE FAMILY DWELLING, PLATTED LOT	$300,200	268 ft
1429 RANDOLPH AVE	FAMAR PROPERTIES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$432,800	271 ft
1459 RANDOLPH AVE	LINDA A BLACK	TWO FAMILY DWELLING - UP/DWN	$347,200	288 ft
1427 RANDOLPH AVE	JONATHAN RICHERT	SINGLE FAMILY DWELLING, PLATTED LOT	$289,500	291 ft
1423 RANDOLPH AVE	MARY F RITZER	SINGLE FAMILY DWELLING, PLATTED LOT	$295,000	315 ft

Property History

Most Recent Sale

Date2020-12-30

Price$10,500,000

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.