1715 THOMAS AVE

PID: 332923120107· 2 fields stubbed (see below)

Property Overview

Parcel ID332923120107

Lot Size6,970 sq ft (0.160 ac)

Lot Dimensions (est.)58 ft wide × 120 ft deep

Year Built1958

Property ClassAPARTMENTS 7-19 RENTAL UNITS

Owner1707-1715 THOMAS AVE LLC

Assessed Value$566,000

Land Value$140,000

Building Value$426,000

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

No permits found in Saint Paul open data for this parcel.

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 width48 ft

Buildable depth80 ft

Area~1,451 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 1,451 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1721 THOMAS AVE	RAYMOND R LESNAR	SINGLE FAMILY DWELLING, PLATTED LOT	$234,300	56 ft
1707 THOMAS AVE	7104 NH LLC	APARTMENTS 7-19 RENTAL UNITS	$567,000	65 ft
1725 THOMAS AVE	GODLAND GROUP, LLC	APARTMENTS 7-19 RENTAL UNITS	$569,300	110 ft
607 ALDINE ST	JOHN H GOOLSBY STACEY TRELFA	SINGLE FAMILY DWELLING, PLATTED LOT	$268,300	120 ft
619 ALDINE ST	SAMUEL V KEUL THOMAS J KEUL	SINGLE FAMILY DWELLING, PLATTED LOT	$264,300	128 ft
1716 LAFOND AVE	HOWARD C HARE SHANNON C HARE	SINGLE FAMILY DWELLING, PLATTED LOT	$394,100	140 ft
1720 LAFOND AVE	R E DENEKAMP KATHLEEN L DENEKAMP	SINGLE FAMILY DWELLING, PLATTED LOT	$301,500	154 ft
623 ALDINE ST	BRIAN J MONDY JULIE M MONDY	SINGLE FAMILY DWELLING, PLATTED LOT	$297,800	162 ft
1731 THOMAS AVE	GODLAND GROUP, LLC	APARTMENTS 7-19 RENTAL UNITS	$569,300	166 ft
1722 LAFOND AVE	KATIE L PANGBORN	SINGLE FAMILY DWELLING, PLATTED LOT	$245,600	172 ft

Property History

Most Recent Sale

Date2021-05-07

Price$1,225,000

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.