1757 THOMAS AVE

PID: 332923120100· 2 fields stubbed (see below)

Property Overview

Parcel ID332923120100

Lot Size9,583 sq ft (0.210 ac)

Lot Dimensions (est.)75 ft wide × 127 ft deep

Year Built1964

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerLAKESTONE PROPERTIES LLC

Assessed Value$1,026,900

Land Value$180,000

Building Value$846,900

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

3 permits on record since 2015 · $14K total declared value · Most recent: Mar 2025 (electrical)

ElectricalMar 2025Active/Issued

$7K

RYAN HUBBARD HUBBARD ELECTRIC INC

Building PermitJul 2017Finaled

$2K

VLADO CONSTRUCTION LLC

Building PermitNov 2015Finaled

$5K

Ira G Kipp

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 rent989/mo

Renter-occupied29.8%

Median home value$261K

Vacancy rate1.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 320

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 depth87 ft

Area~2,936 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 2,936 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1749 THOMAS AVE	NEW VERTICALS DEVELOPMENT LLC	APARTMENTS 7-19 RENTAL UNITS	$621,800	75 ft
1763 THOMAS AVE	MASON OSATO	TWO FAMILY DWELLING - UP/DWN	$256,300	124 ft
1758 LAFOND AVE	DOMONIQUE NICHOLE TAYLOR	SINGLE FAMILY DWELLING, PLATTED LOT	$242,600	141 ft
1754 LAFOND AVE	TAN THI HO LUAN NGOC NGUYEN	SINGLE FAMILY DWELLING, PLATTED LOT	$351,200	141 ft
1743 THOMAS AVE 3	GODLAND GROUP, LLC	APARTMENTS 7-19 RENTAL UNITS	$569,300	142 ft
1750 LAFOND AVE	STEVEN J HIEBERT	SINGLE FAMILY DWELLING, PLATTED LOT	$232,100	151 ft
1746 LAFOND AVE	ROSEMARY E OBRIEN	SINGLE FAMILY DWELLING, PLATTED LOT	$297,600	169 ft
1767 THOMAS AVE	RACHEL M RICHARDS	SINGLE FAMILY DWELLING, PLATTED LOT	$247,000	171 ft
1762 LAFOND AVE	LATASHA D GRAY	TWO FAMILY DWELLING - UP/DWN	$363,700	187 ft
1742 LAFOND AVE	HESTER L MAY	SINGLE FAMILY DWELLING, PLATTED LOT	$202,000	193 ft

Property History

Most Recent Sale

Date2018-01-05

Price$955,000

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.