1115 ELWAY ST

PID: 152823410181· 2 fields stubbed (see below)

Property Overview

Parcel ID152823410181

Lot Size134,165 sq ft (3.080 ac)

Lot Dimensions (est.)574 ft wide × 234 ft deep

Year Built1989

Property ClassAPARTMENTS 50-99 RENTAL UNITS

OwnerCROSBY POINTE LLC

Assessed Value$13,690,500

Land Value$1,460,000

Building Value$12,230,500

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

10 permits on record since 2018 · $11K total declared value · Most recent: Jul 2024 (elevating device)

Elevating DeviceJul 2024Finaled

$4K

TK ELEVATOR CORPORATION

Fire EngineeringJun 2022Issued

—

Rich Poole VIKING AUTOMATIC SPRINKLER COMPANY

Elevating DeviceMay 2021Finaled

$1K

TK ELEVATOR CORPORATION

Elevating DeviceMay 2021Finaled

$1K

TK ELEVATOR CORPORATION

ElectricalFeb 2021Finaled

$500

Clint Kruger Preferred Electric

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 rent1,333/mo

Renter-occupied46.3%

Median home value$238K

Vacancy rate3.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 367

Zoning

RM3High-Rise Multiple-Family Residential

Multi-family Residential 3 — high-density apartment, no height limit

Typical Uses

·High-rise apartments
·Mixed-use residential
·Senior housing

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 width564 ft

Buildable depth194 ft

Area~104,524 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 mid-rise concrete (50+ units) benchmarks for 104,524 sqft buildable area.

Est. units

1045

Yield on cost

2.6%

Spread

-2.9%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 GLEN TER	SOO LINE RAILROAD CO	RAILROAD REAL PROP USED IN OPERATION	$189,500	261 ft
0 IVAN WAY	SOO LINE RAILROAD CO	RAILROAD REAL PROP USED IN OPERATION	$26,800	344 ft
1111 ELWAY ST 404	HALEY ELEANOR GOULD LAWRENCE JACOBS	CONDO	$178,700	352 ft
1111 ELWAY ST 406	JEAN L STRAUCH	CONDO	$193,200	352 ft
1111 ELWAY ST 209	WILLIAM K QUINN TR	CONDO	$208,900	352 ft
1111 ELWAY ST 603	CHRISTOPHER R EMEOTT CHRISTOPHER DEUTH	CONDO	$164,600	352 ft
1111 ELWAY ST 502	PATRICIA A ENCARNADO	CONDO	$193,900	352 ft
1111 ELWAY ST 509	BONNIE GRIESBACH	CONDO	$225,900	352 ft
1111 ELWAY ST 108	DEITER V VOLLMAN	CONDO	$167,000	352 ft
1111 ELWAY ST 304	THOMAS BRADSETH	CONDO	$207,900	352 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.