1145 7TH ST W

PID: 112823420117· 2 fields stubbed (see below)

Property Overview

Parcel ID112823420117

Lot Size9,583 sq ft (0.210 ac)

Lot Dimensions (est.)131 ft wide × 73 ft deep

Year Built1966

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerOSADCHUK PROPERTIES 1145 LLC

Assessed Value$688,500

Land Value$140,000

Building Value$548,500

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

1 permit on record since 2016 · $445 total declared value · Most recent: Oct 2016 (electrical)

ElectricalOct 2016Finaled

$445

Cramer Electric Contracting

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

Neighborhood Profile

West 7th St / Fort Road Federation · Saint Paul

Median reported rent1,036/mo

Renter-occupied18.0%

Median home value$258K

Vacancy rate7.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 368

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 width121 ft

Buildable depth33 ft

Area~2,992 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 small multifamily (2–4 units, wood frame) benchmarks for 2,992 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
1155 7TH ST W	TRIO INVESTMENTS LLC	THREE FAMILY DWELLING, PLATTED LOT	$380,600	59 ft
1155 7TH ST W	TRIO INVESTMENTS LLC	RESIDENTIAL, VACANT LAND, LOT	$32,000	98 ft
1125 7TH ST W	REALTY INCOME PROPERTIES 3 LLC	CONVENIENCE STORE	$660,100	104 ft
768 ARMSTRONG AVE	LAWRENCE H KASELLA JR TR NANCY E KASELLA TR	TWO FAMILY DWELLING - UP/DWN	$264,800	116 ft
1163 7TH ST W	TRIO INVESTMENTS LLC	MIXED RESID/COMMERCIAL	$635,200	138 ft
1148 7TH ST W	DADDER'S ESTATES LLC	MIXED RESID/COMMERCIAL	$393,900	165 ft
1169 7TH ST W	TRIO INVESTMENTS LLC	MIXED RESID/COMMERCIAL	$558,700	177 ft
772 ARMSTRONG AVE	LAWRENCE KASELLA JR NANCY E KASELLA	TWO FAMILY DWELLING - UP/DWN	$245,600	178 ft
1128 7TH ST W	LIORA HOMES LLC	MIXED RESID/COMMERCIAL	$454,600	197 ft
1173 7TH ST W	PATRICK J DONOHUE KATHLEEN M DONOHUE	MIXED RESID/COMMERCIAL	$630,100	217 ft

Property History

Most Recent Sale

Date1996-08-20

Price$185,000

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.