987 REANEY AVE

PID: 282922340122· 2 fields stubbed (see below)

Property Overview

Parcel ID282922340122

Lot Size6,534 sq ft (0.150 ac)

Lot Dimensions (est.)50 ft wide × 130 ft deep

Year Built1902

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerROY R CARLSON

Assessed Value$240,700

Land Value$30,100

Building Value$210,600

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

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 ↗

Met Council Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.

Metro Council — Environmental Response Fund ↗

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

Dayton's Bluff Community Council · Saint Paul

Median reported rent1,255/mo

Renter-occupied32.6%

Median home value$179K

Vacancy rate6.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 317.01

Zoning

H2Residential

Residential — medium-density multi-unit housing (up to 5 units)

Typical Uses

·Apartment buildings (up to 5 units)
·Duplexes
·Townhomes

Max Height39 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 width40 ft

Buildable depth110 ft

Area~3,208 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 3,208 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
979 REANEY AVE	QI CUI	TWO FAMILY DWELLING - UP/DWN	$252,500	50 ft
995 REANEY AVE	ROY CARLSON	TWO FAMILY DWELLING - UP/DWN	$249,900	75 ft
975 REANEY AVE	STAVROS HAIDOS OLYMPIA HAIDOS	APARTMENTS 4-6 RENTAL UNITS	$258,500	100 ft
988 BUSH AVE	YANG XIONG MEE YANG	SINGLE FAMILY DWELLING, PLATTED LOT	$252,500	143 ft
971 REANEY AVE	ADAM THOMAS HEINZ	THREE FAMILY DWELLING, PLATTED LOT	$439,200	150 ft
980 BUSH AVE	JEANELLE FOSTER	SINGLE FAMILY DWELLING, PLATTED LOT	$224,500	151 ft
996 BUSH AVE	KAOSHOUA YANG MENG THAO	TWO FAMILY DWELLING - UP/DWN	$455,600	152 ft
976 BUSH AVE	EVEREST MN PROPERTIES LLC	APARTMENTS 4-6 RENTAL UNITS	$889,400	174 ft
998 BUSH AVE	ANDREA REYNA VALERO GONZALEZ	TWO FAMILY DWELLING - UP/DWN	$210,900	175 ft
990 REANEY AVE	HOUSING AND REDEV AUTH ST PAUL	EXEMPT, VACANT LAND	$19,100	188 ft

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.