1127 RAYMOND AVE

PID: 292923120068· 2 fields stubbed (see below)

Property Overview

Parcel ID292923120068

Lot Size7,405 sq ft (0.170 ac)

Lot Dimensions (est.)124 ft wide × 60 ft deep

Year Built1962

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerBRUZER PROPERTIES LLC

Assessed Value$874,700

Land Value$120,000

Building Value$754,700

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 · $18K total declared value · Most recent: May 2019 (building permit)

Building PermitMay 2019Finaled

$15K

Joe Steinmaus Rams Properties Inc

MechanicalAug 2016Finaled

$3K

NEIL OLSON NEIL HEATING & A/C, INC.

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

Neighborhood Profile

St. Anthony Park Community Council · Saint Paul

Median reported rent1,187/mo

Renter-occupied37.8%

Median home value$430K

Vacancy rate0.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 301

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 width114 ft

Buildable depth40 ft

Area~4,113 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 4,113 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
1131 RAYMOND AVE	1131 RAYMOND AVE LLC	APARTMENTS 4-6 RENTAL UNITS	$406,200	51 ft
1119 RAYMOND AVE 1	AMADEUS HOLDINGS LLC	CONDO	$116,100	60 ft
1119 RAYMOND AVE 2	AMADEUS HOLDINGS LLC	CONDO	$163,300	60 ft
1119 RAYMOND AVE 3	AMADEUS HOLDINGS LLC	CONDO	$146,400	60 ft
1119 RAYMOND AVE 4	AMADEUS HOLDINGS LLC	CONDO	$149,400	60 ft
1135 RAYMOND AVE	DANIEL T MUCKALA	SINGLE FAMILY DWELLING, PLATTED LOT	$355,400	101 ft
1113 RAYMOND AVE	CAROLYN A HENRY JOHANSON MARK E JOHANSON	SINGLE FAMILY DWELLING, PLATTED LOT	$311,500	109 ft
1107 RAYMOND AVE	JENNIFER MULCAHY	SINGLE FAMILY DWELLING, PLATTED LOT	$247,900	149 ft
1139 RAYMOND AVE	BRYN MANION SAMUEL DAVID	SINGLE FAMILY DWELLING, PLATTED LOT	$574,900	160 ft
2240 SCUDDER ST	TWINKLES HOUSE LLC	TWO FAMILY DWELLING - UP/DWN	$407,900	171 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.