931 ST PAUL AVE

PID: 162823230093· 2 fields stubbed (see below)

Property Overview

Parcel ID162823230093

Lot Size16,553 sq ft (0.380 ac)

Lot Dimensions (est.)170 ft wide × 97 ft deep

Year Built1949

Property ClassAPARTMENTS 20-49 RENTAL UNITS

Owner931 SAINT PAUL AVENUE LLC

Assessed Value$2,129,300

Land Value$400,000

Building Value$1,729,300

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

5 permits on record since 2015 · $10K total declared value · Most recent: Aug 2021 (plumbing)

PlumbingAug 2021Finaled

$8K

RICHARD MICHAEL NORTHLAND MECHANICAL CONTRS INC

ElectricalJun 2018Active/Issued

$2K

PRO WIRE ELECTRIC LLC

Building PermitApr 2016Active/Issued

—

BEISSEL WINDOW & SIDING CO

Building PermitOct 2015Finaled

—

BEISSEL WINDOW & SIDING CO

Building PermitOct 2015Finaled

—

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 rent1,140/mo

Renter-occupied52.3%

Median home value$337K

Vacancy rate4.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 376.01

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 width160 ft

Buildable depth57 ft

Area~7,264 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 7,264 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
945 MONTREAL AVE	907 SAINT PAUL AVENUE LLC	OTHER COMMERCIAL STRUCTURE	$49,500	93 ft
ST PAUL AVE	907 SAINT PAUL AVENUE LLC	APARTMENTS 20-49 RENTAL UNITS	$961,400	124 ft
2025 MONTREAL AVE	NILES FAMILY LTD PARTNERSHIP	APARTMENTS 4-6 RENTAL UNITS	$929,800	137 ft
907 ST PAUL AVE	907 SAINT PAUL AVENUE LLC	APARTMENTS 20-49 RENTAL UNITS	$961,400	205 ft
930 ST PAUL AVE	JOHNSON 930 LLC	APARTMENTS 7-19 RENTAL UNITS	$906,700	206 ft
944 ST PAUL AVE	JOHNSON 930 LLC	APARTMENTS 20-49 RENTAL UNITS	$1,781,600	222 ft
2020 MONTREAL AVE	ST PAUL PUBLIC HOUSING AGENCY	RES/EXEMPT SINGLE FAMILY DWELLING	$264,200	228 ft
2028 MONTREAL AVE	MARTIN J CONZEMIUS	TWO FAMILY DWELLING - SIDE/SIDE	$427,900	228 ft
928 ST PAUL AVE	JOHNSON 930 LLC	APARTMENT MISC IMPROVEMENT	$76,000	234 ft
2041 MONTREAL AVE	JLMPW HOLDINGS LLC	TOWNHOME - TICO	$214,900	236 ft

Property History

Most Recent Sale

Date2021-06-30

Price$2,450,000

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.