115 VICTORIA ST S

PID: 022823310061· 2 fields stubbed (see below)

Property Overview

Parcel ID022823310061

Lot Size5,227 sq ft (0.120 ac)

Lot Dimensions (est.)61 ft wide × 85 ft deep

Year Built1916

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerJAMES ALAIX YOUNG

Assessed Value$869,700

Land Value$120,000

Building Value$749,700

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

4 permits on record since 2019 · $57K total declared value · Most recent: Oct 2019 (mechanical)

MechanicalOct 2019Finaled

$27K

JOSHUA SAVAGE HERO HOME SERVICES dba HERO PLUMBING HEATING & COOLING

MechanicalOct 2019Finaled

$27K

JOSHUA SAVAGE HERO HOME SERVICES dba HERO PLUMBING HEATING & COOLING

PlumbingOct 2019Finaled

$3K

JOSHUA SAVAGE HERO HOME SERVICES dba HERO PLUMBING HEATING & COOLING

ElectricalOct 2019Finaled

$270

ROBBS ELECTRIC INC

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

Neighborhood Profile

Summit Hill Association · Saint Paul

Median reported rent1,451/mo

Renter-occupied41.1%

Median home value$585K

Vacancy rate3.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 357

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 width51 ft

Buildable depth65 ft

Area~2,783 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 2,783 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
107 VICTORIA ST S	CHERYL A DURANT	SINGLE FAMILY DWELLING, PLATTED LOT	$350,800	75 ft
873 GOODRICH AVE	JOHN R OTTESON CHRISTINE M OTTESON	SINGLE FAMILY DWELLING, PLATTED LOT	$935,900	77 ft
112 VICTORIA ST S	MICHAEL J BRENNAN KARI HOUTKOOPER BRENNAN	SINGLE FAMILY DWELLING, PLATTED LOT	$553,000	125 ft
877 GOODRICH AVE	GRETCHEN SHILLINGS	SINGLE FAMILY DWELLING, PLATTED LOT	$919,300	143 ft
862 GOODRICH AVE	MATTHEW RUSSELL JANE B RUSSELL	SINGLE FAMILY DWELLING, PLATTED LOT	$1,011,300	184 ft
866 GOODRICH AVE	CLYDE E DOEPNER JANICE E DOEPNER	SINGLE FAMILY DWELLING, PLATTED LOT	$505,400	190 ft
91 VICTORIA ST S	VICTORIA APTS LLC	APARTMENTS 20-49 RENTAL UNITS	$3,383,100	202 ft
885 GOODRICH AVE	022823310058	SINGLE FAMILY DWELLING, PLATTED LOT	$856,400	203 ft
872 GOODRICH AVE	DANIEL W LUPTON CLAIRE M WAHMANHOLM	SINGLE FAMILY DWELLING, PLATTED LOT	$815,500	204 ft
851 GOODRICH AVE	RAYMOND B EBY WAVERLEY E BOOTH	SINGLE FAMILY W/ACCESSORY UNIT	$1,355,800	214 ft

Property History

Most Recent Sale

Date2024-09-25

Price$775,000

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.