1111 MINNEHAHA AVE W

PID: 272923440139· 2 fields stubbed (see below)

Property Overview

Parcel ID272923440139

Lot Size9,583 sq ft (0.220 ac)

Lot Dimensions (est.)75 ft wide × 128 ft deep

Year Built1966

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerRICHARDS PROPERTIES LLC

Assessed Value$580,700

Land Value$160,000

Building Value$420,700

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

2 permits on record since 2023 · $5K total declared value · Most recent: Aug 2023 (electrical)

ElectricalAug 2023Finaled

$3K

LUMINOUS ELECTRIC LLC

Building PermitJun 2023Active/Issued

$2K

BRANDON WHITING FOUNDATION SUPPORTWORKS SOLUTIONS

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 rent1,126/mo

Renter-occupied24.6%

Median home value$249K

Vacancy rate1.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 323

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 width65 ft

Buildable depth88 ft

Area~3,018 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 3,018 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1115 MINNEHAHA AVE W	MANDI JUNG	SINGLE FAMILY DWELLING, PLATTED LOT	$225,400	57 ft
1119 MINNEHAHA AVE W	DUC T DINH THI T TRAN	SINGLE FAMILY DWELLING, PLATTED LOT	$265,300	96 ft
741 LEXINGTON PKWY N	JOLENE LOUISE PARKER	SINGLE FAMILY DWELLING, PLATTED LOT	$354,400	101 ft
1123 MINNEHAHA AVE W	ELTON MYKEREZI ELVIS MYKEREZI	TWO FAMILY DWELLING - UP/DWN	$228,600	136 ft
1120 ENGLEWOOD AVE	SOUNA DENAE DAVISON	SINGLE FAMILY DWELLING, PLATTED LOT	$267,600	165 ft
747 LEXINGTON PKWY N	LANDON J MATHIS CAITLIN A MATHIS	SINGLE FAMILY DWELLING, PLATTED LOT	$336,200	167 ft
1127 MINNEHAHA AVE W	JENNIFER D BAKER	SINGLE FAMILY DWELLING, PLATTED LOT	$210,800	177 ft
0 LEXINGTON PKWY N	ST PAUL PROPERTIES LLC	DAYCARE CENTER	$756,900	188 ft
1126 ENGLEWOOD AVE	DANIEL M LIPPERT LARK A FLYNN LIPPERT	SINGLE FAMILY DWELLING, PLATTED LOT	$287,100	206 ft
1131 MINNEHAHA AVE W	RYAN H ZELMER	SINGLE FAMILY DWELLING, PLATTED LOT	$249,200	217 ft

Property History

Most Recent Sale

Date2020-05-15

Price$281,000

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.