1551 WESTMINSTER ST

PID: 192922140003· 2 fields stubbed (see below)

Property Overview

Parcel ID192922140003

Lot Size5,663 sq ft (0.130 ac)

Lot Dimensions (est.)45 ft wide × 45 ft deep

Year Built1964

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerKONG YANG

Assessed Value$225,000

Land Value$25,000

Building Value$200,000

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

Payne-Phalen District 5 Planning Council · Saint Paul

Median reported rent1,148/mo

Renter-occupied57.0%

Median home value$212K

Vacancy rate6.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 306.01

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 width35 ft

Buildable depth5 ft

Area~441 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 441 sqft buildable area.

Est. units

Yield on cost

7.0%

Spread

+1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1555 WESTMINSTER ST	LINDA M WALL DWAIN N WALL	SINGLE FAMILY DWELLING, PLATTED LOT	$234,800	45 ft
1543 WESTMINSTER ST	ST PAUL PUBLIC HOUSING AGENCY	RES/EXEMPT TWO FAM DWEL. - SIDE/SIDE	$310,500	67 ft
1535 WESTMINSTER ST	LENG LEE	SINGLE FAMILY DWELLING, PLATTED LOT	$233,200	135 ft
323 HOYT AVE E	TRAOLLY XIONG CHONG C XIONG	TWO FAMILY DWELLING - SIDE/SIDE	$337,000	157 ft
1552 WESTMINSTER ST	JOSEPH CARD	SINGLE FAMILY DWELLING, PLATTED LOT	$216,700	193 ft
1531 WESTMINSTER ST	NHIA THAO CHANG THAO	SINGLE FAMILY DWELLING, PLATTED LOT	$244,700	195 ft
1558 WESTMINSTER ST	ROXANNE WILLIAMS	SINGLE FAMILY DWELLING, PLATTED LOT	$221,700	197 ft
1548 WESTMINSTER ST	ZACHARIAH C HUBBARD ANDERSON ALEXANDRA M ERICKSON	SINGLE FAMILY DWELLING, PLATTED LOT	$231,800	201 ft
1563 WESTMINSTER ST	PLAI THAO XANG THAO	SINGLE FAMILY DWELLING, PLATTED LOT	$280,400	216 ft
306 HOYT AVE E	TIGERS T PROPERTY LLC	APARTMENTS 20-49 RENTAL UNITS	$1,802,900	218 ft

Property History

Most Recent Sale

Date2025-11-04

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.