1862 FERONIA AVE

PID: 332923310035· 2 fields stubbed (see below)

Property Overview

Parcel ID332923310035

Lot Size13,504 sq ft (0.320 ac)

Lot Dimensions (est.)124 ft wide × 109 ft deep

Year Built1965

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerC3 INVESTMENTS LLP

Assessed Value$1,425,100

Land Value$280,000

Building Value$1,145,100

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

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

Neighborhood Profile

Union Park District Council · Saint Paul

Median reported rent1,340/mo

Renter-occupied68.6%

Median home value$278K

Vacancy rate12.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 332

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 width114 ft

Buildable depth69 ft

Area~6,005 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 6,005 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
1850 FERONIA AVE	MICHAEL A BUSCHBACH	SINGLE FAMILY DWELLING, PLATTED LOT	$628,000	72 ft
442 DEWEY ST	ELSIE FOHRENKAMM	SINGLE FAMILY DWELLING, PLATTED LOT	$352,700	115 ft
1842 FERONIA AVE	ERICK MCCABE	SINGLE FAMILY DWELLING, PLATTED LOT	$465,600	117 ft
1880 FERONIA AVE	JAVIER G BARRIOCANAL MARY ROSENER	SINGLE FAMILY DWELLING, PLATTED LOT	$387,100	140 ft
436 DEWEY ST	CHARLES A WEINSTEIN CATHERINE ANN HUBER	SINGLE FAMILY DWELLING, PLATTED LOT	$522,400	163 ft
1838 FERONIA AVE	HAYLEY M BUSH CARL SCHLUETER	SINGLE FAMILY DWELLING, PLATTED LOT	$260,500	173 ft
1882 FERONIA AVE	ERIN L SCHADEN BRANDON C JAEGER	SINGLE FAMILY DWELLING, PLATTED LOT	$576,800	188 ft
432 DEWEY ST	432 DEWEY STREET LLC	THREE FAMILY DWELLING, PLATTED LOT	$358,800	211 ft
427 DEWEY ST	427 DEWEY STREET LLC	TWO FAMILY DWELLING - SIDE/SIDE	$509,000	213 ft
439 FAIRVIEW AVE N	PROGRESS VALLEY INC	EXEMPT, APARTMENT 4+ UNITS	$824,400	221 ft

Property History

Most Recent Sale

Date2007-02-02

Price$300,000

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.