1879 7TH ST E

PID: 262922320031· 2 fields stubbed (see below)

Property Overview

Parcel ID262922320031

Lot Size10,890 sq ft (0.250 ac)

Lot Dimensions (est.)74 ft wide × 147 ft deep

Year Built1959

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerENCF MK DREY MSP 03 LLC

Assessed Value$860,600

Land Value$220,000

Building Value$640,600

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

2 permits on record since 2016 · $9K total declared value · Most recent: Jun 2020 (demolition)

DemolitionJun 2020Finaled

$9K

ANDREW CHRIST METRICSNORTH LLC

Building PermitMar 2016Inspected

$300

NEDZAD CERIC

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

Neighborhood Profile

Greater East Side Community Council · Saint Paul

Median reported rent1,148/mo

Renter-occupied52.9%

Median home value$197K

Vacancy rate6.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 318.01

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 width64 ft

Buildable depth107 ft

Area~3,722 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 3,722 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
1871 7TH ST E	ENCF MK DREY MSP 03 LLC	APARTMENTS 7-19 RENTAL UNITS	$862,000	74 ft
1885 7TH ST E	MIRANDA LLC	APARTMENTS 7-19 RENTAL UNITS	$860,600	74 ft
1891 7TH ST E	ENCF MK DREY MSP 03 LLC	APARTMENTS 7-19 RENTAL UNITS	$999,300	147 ft
1863 7TH ST E	ENCF MK DREY MSP 03 LLC	APARTMENTS 7-19 RENTAL UNITS	$862,000	148 ft
1880 STILLWATER AVE	BRADLEY W KASPER	SINGLE FAMILY DWELLING, PLATTED LOT	$222,500	170 ft
1884 STILLWATER AVE	SAW DAY NAW SU	SINGLE FAMILY DWELLING, PLATTED LOT	$333,700	175 ft
1874 STILLWATER AVE	MARIA DE LOURDES LOPEZ NATIVIDAD	SINGLE FAMILY DWELLING, PLATTED LOT	$253,600	179 ft
1890 STILLWATER AVE	FRANCIS N FONJI	SINGLE FAMILY DWELLING, PLATTED LOT	$284,200	195 ft
1868 STILLWATER AVE	STEPHANIE A TOMES	SINGLE FAMILY DWELLING, PLATTED LOT	$262,100	200 ft
1855 7TH ST E	HERROD LLC	APARTMENTS 7-19 RENTAL UNITS	$902,200	221 ft

Property History

Most Recent Sale

Date2023-03-31

Price$4,225,000

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.