ST PAUL AVE

PID: 162823230190· 2 fields stubbed (see below)

Property Overview

Parcel ID162823230190

Lot Size8,276 sq ft (0.190 ac)

Lot Dimensions (est.)125 ft wide × 66 ft deep

Year Built1949

Property ClassAPARTMENTS 20-49 RENTAL UNITS

Owner907 SAINT PAUL AVENUE LLC

Assessed Value$961,400

Land Value$400,000

Building Value$561,400

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

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 width115 ft

Buildable depth26 ft

Area~2,539 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 2,539 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
907 ST PAUL AVE	907 SAINT PAUL AVENUE LLC	APARTMENTS 20-49 RENTAL UNITS	$961,400	81 ft
931 ST PAUL AVE	931 SAINT PAUL AVENUE LLC	APARTMENTS 20-49 RENTAL UNITS	$2,129,300	124 ft
945 MONTREAL AVE	907 SAINT PAUL AVENUE LLC	OTHER COMMERCIAL STRUCTURE	$49,500	148 ft
2025 MONTREAL AVE	NILES FAMILY LTD PARTNERSHIP	APARTMENTS 4-6 RENTAL UNITS	$929,800	157 ft
2040 SAUNDERS AVE	2040S LLC	APARTMENTS 7-19 RENTAL UNITS	$1,553,000	164 ft
928 ST PAUL AVE	JOHNSON 930 LLC	APARTMENT MISC IMPROVEMENT	$76,000	204 ft
908 ST PAUL AVE	BRITINI E OSMONSON ERIC W OSMONSON	SINGLE FAMILY DWELLING, PLATTED LOT	$319,300	209 ft
930 ST PAUL AVE	JOHNSON 930 LLC	APARTMENTS 7-19 RENTAL UNITS	$906,700	218 ft
2043 MONTREAL AVE	DAVID DELLANAVE CYNTHIA WRIGHT DELLANAVE	TOWNHOME - TICO	$214,900	225 ft
2045 MONTREAL AVE	JOHN D SCHROEDER	TOWNHOME - TICO	$214,900	225 ft

Property History

Most Recent Sale

Date2023-02-01

Price$2,200,000

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.