135 KING ST E

PID: 082822240063· 2 fields stubbed (see below)

Property Overview

Parcel ID082822240063

Lot Size7,405 sq ft (0.170 ac)

Lot Dimensions (est.)52 ft wide × 143 ft deep

Year Built1960

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerKING STREET EAST 135 LLC

Assessed Value$471,300

Land Value$140,000

Building Value$331,300

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

1 permit on record since 2015 · $3K total declared value · Most recent: Jul 2015 (building permit)

Building PermitJul 2015Active/Issued

$3K

Keith Hurley PREFERRED PROPERTIES INC

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

Neighborhood Profile

West Side Community Organization · Saint Paul

Median reported rent1,190/mo

Renter-occupied34.1%

Median home value$235K

Vacancy rate1.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 372

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 width42 ft

Buildable depth103 ft

Area~1,118 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 sfr / adu benchmarks for 1,118 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 KING ST E	KING STREET EAST 135 LLC	APARTMENT VACANT LAND	$19,500	50 ft
587 STATE ST	STATE CAPITAL LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$228,300	63 ft
577 STATE ST	NORTH REAL ESTATE LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$242,800	105 ft
123 KING ST E	MATTHEW BRADY NOONAN	SINGLE FAMILY DWELLING, PLATTED LOT	$260,700	111 ft
132 STEVENS ST E	GEORGE E ABRASS BARBARA M ABRASS	SINGLE FAMILY DWELLING, PLATTED LOT	$318,600	139 ft
571 STATE ST	J WILLIAM KEYSER	SINGLE FAMILY DWELLING, PLATTED LOT	$236,500	172 ft
148 KING ST E	JOHN DAVID OBREGON III	SINGLE FAMILY DWELLING, PLATTED LOT	$264,600	189 ft
0 STATE ST	CITY OF ST PAUL PUBLIC WORKS	RESID/EXEMPT VACANT LAND	$1,200	201 ft
140 KING ST E	JASON BENSON SARAH A BENSON	TWO FAMILY DWELLING - UP/DWN	$298,400	214 ft
128 KING ST E	JOSE LUIS LOPEZ ROMERO REYNA SOSA BLAS	SINGLE FAMILY DWELLING, PLATTED LOT	$239,100	244 ft

Property History

Most Recent Sale

Date2016-02-16

Price$316,500

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.