818 COMO AVE

PID: 262923120048· 2 fields stubbed (see below)

Property Overview

Parcel ID262923120048

Lot Size3,049 sq ft (0.070 ac)

Lot Dimensions (est.)113 ft wide × 27 ft deep

Year Built1914

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerTERRY M DRAEGER

Assessed Value$532,200

Land Value$80,000

Building Value$452,200

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

3 permits on record since 2022 · $19K total declared value · Most recent: Mar 2022 (plumbing)

PlumbingMar 2022Finaled

$1K

JENNA BERRETT MCQUILLAN HOME SERVICES LLC

MechanicalMar 2022Finaled

$9K

JENNA BERRETT MCQUILLAN HOME SERVICES LLC

MechanicalMar 2022Finaled

$9K

JENNA BERRETT MCQUILLAN HOME SERVICES LLC

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

Neighborhood Profile

District 10 Como Community Council · Saint Paul

Median reported rent927/mo

Renter-occupied28.5%

Median home value$227K

Vacancy rate3.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 312

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 width103 ft

Buildable depth0 ft

Area~49 sqft

Lot dimensions are insufficient for the standard setbacks shown.

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 49 sqft buildable area.

Est. units

Yield on cost

10.0%

Spread

+4.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
824 COMO AVE	ESMOND SANTIAGO	SINGLE FAMILY DWELLING, PLATTED LOT	$221,400	55 ft
1079 AVON ST N	BONNIE J FEHRMAN	SINGLE FAMILY DWELLING, PLATTED LOT	$218,600	105 ft
826 COMO AVE	GUY WAGNER	MIXED RESID/COMMERCIAL	$340,600	127 ft
1075 AVON ST N	DELCO LIMITED PARTNERSHIP	SINGLE FAMILY DWELLING, PLATTED LOT	$225,700	140 ft
811 COMO AVE	DRS INVESTMENT II LLC	APARTMENTS 7-19 RENTAL UNITS	$930,500	160 ft
806 COMO AVE	ALLAN G PETERSEN NANCY B PETERSEN	TWO FAMILY DWELLING - UP/DWN	$303,100	163 ft
1069 AVON ST N	THERESA KONIECZNY	SINGLE FAMILY DWELLING, PLATTED LOT	$223,400	183 ft
1080 COMO PL	SHEILA T JUELICH	SINGLE FAMILY DWELLING, PLATTED LOT	$246,900	185 ft
1086 COMO PL	COMO PARK PLACE LLC	APARTMENTS 4-6 RENTAL UNITS	$613,200	191 ft
1094 COMO PL	KAREN F SWAGER	SINGLE FAMILY DWELLING, PLATTED LOT	$224,600	217 ft

Property History

Most Recent Sale

Date1994-06-01

Price$85,000

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.