1648 CHARLES AVE

PID: 332923140146· 2 fields stubbed (see below)

Property Overview

Parcel ID332923140146

Lot Size7,405 sq ft (0.160 ac)

Lot Dimensions (est.)56 ft wide × 132 ft deep

Year Built1936

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerNCK III LLC

Assessed Value$1,372,000

Land Value$380,000

Building Value$992,000

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 width46 ft

Buildable depth92 ft

Area~1,255 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 1,255 sqft buildable area.

Est. units

Yield on cost

1.8%

Spread

-3.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1652 CHARLES AVE	ROSALINO VALENCIA	SINGLE FAMILY DWELLING, PLATTED LOT	$224,200	47 ft
1642 CHARLES AVE	PROFESSIONAL R E MGMT LLC	APARTMENTS 7-19 RENTAL UNITS	$1,426,900	56 ft
1656 CHARLES AVE	GENEVIEVE A HOLLERICH JOSEPH COLLINS	SINGLE FAMILY DWELLING, PLATTED LOT	$306,100	85 ft
523 FRY ST	LA CHIC INVESTMENTS LLC	THREE FAMILY DWELLING, PLATTED LOT	$544,100	108 ft
1660 CHARLES AVE	EDITH MELISSA MOLITOR	SINGLE FAMILY DWELLING, PLATTED LOT	$247,600	123 ft
1655 SHERBURNE AVE	RACHEL MARIE OPELT	SINGLE FAMILY DWELLING, PLATTED LOT	$252,500	156 ft
1664 CHARLES AVE	MATTHEW R CHRIST	SINGLE FAMILY DWELLING, PLATTED LOT	$296,700	162 ft
1653 SHERBURNE AVE	MARNI E OBERPRILLER DAVID M OBERPRILLER	SHORT TERM RENTAL	$243,300	171 ft
1645 SHERBURNE AVE	FAITH BICKNER	SINGLE FAMILY DWELLING, PLATTED LOT	$186,300	173 ft
1663 SHERBURNE AVE 5	SCHOLARS OF THE FUTURE LLC	APARTMENTS 4-6 RENTAL UNITS	$461,800	178 ft

Property History

Most Recent Sale

Date2001-10-31

Price$331,200

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.