130 COLORADO ST E

PID: 052822340029· 2 fields stubbed (see below)

Property Overview

Parcel ID052822340029

Lot Size5,663 sq ft (0.130 ac)

Lot Dimensions (est.)50 ft wide × 110 ft deep

Year Built1900

Property ClassTWO FAMILY DWELLING - UP/DWN

OwnerWILLIAM C SCHELBERG

Assessed Value$265,500

Land Value$26,200

Building Value$239,300

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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 Side Community Organization · Saint Paul

Median reported rent1,072/mo

Renter-occupied61.1%

Median home value$229K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 361

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 width40 ft

Buildable depth90 ft

Area~2,823 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 2,823 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
129 DELOS ST E	WALLACE FLEMING	SINGLE FAMILY DWELLING, PLATTED LOT	$236,500	134 ft
383 CLINTON AVE	SAMUEL KRAWETZ	SINGLE FAMILY DWELLING, PLATTED LOT	$259,400	142 ft
126 COLORADO ST E	LOUELL ENTERPRISES LLC	TWO FAMILY DWELLING - UP/DWN	$266,500	144 ft
135 COLORADO ST E	MERIDIAN PROPERTY HOLDINGS LLC	APARTMENTS 50-99 RENTAL UNITS	$4,090,400	145 ft
131 DELOS ST E	EDNA N SOLIS	SINGLE FAMILY DWELLING, PLATTED LOT	$249,900	145 ft
135 DELOS ST E	XUE XIONG	SINGLE FAMILY DWELLING, PLATTED LOT	$276,200	168 ft
385 CLINTON AVE	CAROLINE NYASUGUTA MAINA	TWO FAMILY DWELLING - SIDE/SIDE	$578,900	191 ft
118 COLORADO ST E	MARCEL A VASQUEZ	SINGLE FAMILY DWELLING, PLATTED LOT	$249,500	202 ft
393 CLINTON AVE	DANIEL WEMEIER RACHAEL BRIANNA SCHWARTZ	SINGLE FAMILY DWELLING, PLATTED LOT	$272,400	213 ft
123 COLORADO ST E	WILLIAM J MCGINNITY	THREE FAMILY DWELLING, PLATTED LOT	$389,100	223 ft

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.