870 ALBERT ST N

PID: 272923310018· 3 fields stubbed (see below)

Property Overview

Parcel ID272923310018

Lot Size6,098 sq ft (0.140 ac)

Lot Dimensions (est.)54 ft wide × 113 ft deep

Year Built—(stub)

Property ClassAPARTMENTS 4-6 RENTAL UNITS

Owner870 ALBERT N LLC

Assessed Value$413,600

Land Value$80,000

Building Value$333,600

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

3 permits on record since 2023 · $36K total declared value · Most recent: Apr 2025 (building permit)

Building PermitApr 2025Active/Issued

$25K

870 Albert N Llc

ElectricalApr 2025Inspected

$11K

Adam Glander Xtreme Electrical Services

Building PermitJul 2023Finaled

—

TIMBERLINE ROOFING & CONTRACTING INC

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

Neighborhood Profile

Hamline Midway Coalition · Saint Paul

Median reported rent524/mo

Renter-occupied32.7%

Median home value$259K

Vacancy rate6.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 322

Zoning

H1Residential

Residential — small-scale multi-unit housing (up to 4 units)

Typical Uses

·Single-family homes
·Duplexes
·Triplexes
·4-unit buildings

Max Height35 ft

Min Setbacks

Front

10 ft

Side

5 ft

Rear

10 ft

Development Potential

Setbacks

Front10 ft

Side (each)5 ft

Rear10 ft

Estimated Buildable Footprint

Buildable width44 ft

Buildable depth93 ft

Area~3,186 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 3,186 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
1372 TAYLOR AVE	KENNETH WAGNER	TWO FAMILY DWELLING - SIDE/SIDE	$346,200	54 ft
864 ALBERT ST N	KENNETH D WAGNER JR	TWO FAMILY DWELLING - SIDE/SIDE	$384,200	98 ft
1366 TAYLOR AVE	1366 1368 TAYLOR AVE W LLC	TWO FAMILY DWELLING - SIDE/SIDE	$535,800	107 ft
875 ALBERT ST N	CRYSTAL HERRERA BRITTANY WILSON	SINGLE FAMILY DWELLING, PLATTED LOT	$272,300	119 ft
860 ALBERT ST N	PHYLLIS M GOSERUD TR HOWARD R GOSERUD TR	APARTMENTS 7-19 RENTAL UNITS	$611,100	154 ft
1360 TAYLOR AVE	HILL PROPERTIES INC	TWO FAMILY DWELLING - SIDE/SIDE	$425,700	162 ft
1394 TAYLOR AVE	JOY C STEVEKEN	SINGLE FAMILY DWELLING, PLATTED LOT	$268,800	176 ft
861 ALBERT ST N	TROY ZUPANCICH	TWO FAMILY DWELLING - UP/DWN	$386,700	211 ft
1358 TAYLOR AVE	ST PAUL PUBLIC HOUSING AGENCY	RES/EXEMPT SINGLE FAMILY DWELLING	$232,600	214 ft
1381 HEWITT AVE	ROBERTA A SORENSON	SINGLE FAMILY DWELLING, PLATTED LOT	$271,700	225 ft

Property History

Most Recent Sale

Date2022-07-15

Price$295,000

Type—

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount, yearBuilt. See README for details on which sources are live vs. stubbed.