69 DOUGLAS ST UNIT 2

PID: 012823420215· 2 fields stubbed (see below)

Property Overview

Parcel ID012823420215

Lot Size871 sq ft (0.090 ac)

Lot Dimensions (est.)90 ft wide × 10 ft deep

Year Built2024

Property ClassCONDO

OwnerSORDEN DESIGN LLC

Assessed Value$181,000

Land Value$1,000

Building Value$180,000

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

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 ↗

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

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

West 7th St / Fort Road Federation · Saint Paul

Median reported rent929/mo

Renter-occupied72.2%

Median home value$316K

Vacancy rate4.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 359

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 width80 ft

Buildable depth0 ft

Area~1,486 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 1,486 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
69 DOUGLAS ST UNIT 1	SORDEN DESIGN LLC	CONDO	$161,000	0 ft
69 DOUGLAS ST UNIT 3	SORDEN DESIGN LLC	CONDO	$201,000	0 ft
63 DOUGLAS ST	SHARON K LYNCH	SINGLE FAMILY DWELLING, PLATTED LOT	$234,100	41 ft
75 DOUGLAS ST	JOSEPH OBRIEN JESSICA MINCZESKI	SINGLE FAMILY DWELLING, PLATTED LOT	$298,400	41 ft
272 HARRISON AVE	CATHERINE RICHARDS GREGORY KOSINSKI	SINGLE FAMILY DWELLING, PLATTED LOT	$336,600	82 ft
83 DOUGLAS ST	LAUREL GAMM CHARLES STEPHENS	RESIDENTIAL, VACANT LAND, LOT	$48,000	110 ft
66 DOUGLAS ST	EMK HOLDING CO LLC	APARTMENTS 4-6 RENTAL UNITS	$660,700	145 ft
282 HARRISON AVE 3	282 HARRISON AVE LLC	APARTMENTS 4-6 RENTAL UNITS	$493,000	147 ft
89 DOUGLAS ST	BRUCE STOFFMACHER	TWO FAMILY DWELLING - UP/DWN	$283,700	168 ft
269 HARRISON AVE	STRONGER HOMES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$351,800	168 ft

Property History

Most Recent Sale

Date2021-03-12

Price$45,000

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.