55 WILKIN ST

PID: 012823410168· 2 fields stubbed (see below)

Property Overview

Parcel ID012823410168

Lot Size13,939 sq ft (0.310 ac)

Lot Dimensions (est.)51 ft wide × 90 ft deep

Year Built1854

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerVALUE HOMES LLC

Assessed Value$331,600

Land Value$52,000

Building Value$279,600

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

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 ↗

Met Council Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.

Metro Council — Environmental Response Fund ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

1 permit on record since 2018 · $4K total declared value · Most recent: Apr 2018 (building permit)

Building PermitApr 2018Finaled

$4K

SAFEBASEMENTS OF MINNESOTA INC

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

Neighborhood Profile

West 7th St / Fort Road Federation · Saint Paul

Median reported rent1,718/mo

Renter-occupied62.6%

Median home value$383K

Vacancy rate7.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 360

Zoning

H2Residential

Residential — medium-density multi-unit housing (up to 5 units)

Typical Uses

·Apartment buildings (up to 5 units)
·Duplexes
·Townhomes

Max Height39 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 width41 ft

Buildable depth70 ft

Area~7,589 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 7,589 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
148 FORBES AVE	ABIGAIL ADELSHEIM-MARSHALL	SINGLE FAMILY DWELLING, PLATTED LOT	$218,800	56 ft
160 FORBES AVE	VALUE HOMES LLC	RESIDENTIAL, VACANT LAND, LOT	$28,000	66 ft
57 WILKIN ST	CATHERINE A CAREY BRENDAN J CAREY	TWO FAMILY DWELLING - UP/DWN	$295,700	75 ft
43 WILKIN ST	SUSAN C NIELSEN DOUGLAS W NIELSEN	SINGLE FAMILY DWELLING, PLATTED LOT	$239,600	88 ft
162 FORBES AVE	NRHQ LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$267,600	92 ft
166 FORBES AVE	ROBERT C JANECEK	SINGLE FAMILY DWELLING, PLATTED LOT	$244,900	119 ft
168 FORBES AVE	JAKE HEUER	TWO FAMILY DWELLING - UP/DWN	$336,800	145 ft
172 FORBES AVE	OLAV ORMSETH	SINGLE FAMILY DWELLING, PLATTED LOT	$269,900	183 ft
155 MCBOAL ST	DAVID B POUPORE JULIANNE POUPORE	SINGLE FAMILY DWELLING, PLATTED LOT	$373,700	187 ft
141 MCBOAL ST	BELTRANS LLC	APARTMENTS 7-19 RENTAL UNITS	$2,348,200	188 ft

Property History

Most Recent Sale

Date2025-07-09

Price—

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.