315 COTTAGE AVE E

PID: 192922410008· 2 fields stubbed (see below)

Property Overview

Parcel ID192922410008

Lot Size6,098 sq ft (0.130 ac)

Lot Dimensions (est.)45 ft wide × 136 ft deep

Year Built1973

Property ClassRES/EXEMPT SINGLE FAMILY DWELLING

OwnerFAITH BAPTIST CHURCH ST PAUL

Assessed Value$254,200

Land Value$25,000

Building Value$229,200

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

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

RM1Low-Density Multiple-Family Residential

Multi-family Residential 1 — low-intensity apartment (3 stories max)

Typical Uses

·Apartment buildings
·Condominiums
·Townhomes

Max Height40 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 depth96 ft

Area~419 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 419 sqft buildable area.

Est. units

Yield on cost

7.3%

Spread

+1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
319 COTTAGE AVE E	BLIA XIONG	SINGLE FAMILY DWELLING, PLATTED LOT	$221,900	45 ft
0 SHERWOOD AVE	FAITH BAPTIST CHURCH	RESID/EXEMPT VACANT LAND	$40,000	133 ft
1389 WESTMINSTER ST	TOU LEE XIA MOUA	SINGLE FAMILY DWELLING, PLATTED LOT	$232,000	135 ft
0 SHERWOOD AVE	FAITH BAPTIST CHURCH	RESID/EXEMPT VACANT LAND	$25,000	138 ft
1407 WESTMINSTER ST	DALE E MILLER CHARLEEN K MILLER	SINGLE FAMILY DWELLING, PLATTED LOT	$245,500	140 ft
305 COTTAGE AVE E	FAITH BAPTIST CHURCH ST PAUL	RES/EXEMPT SINGLE FAMILY DWELLING	$378,000	141 ft
1411 WESTMINSTER ST	ALLEN LEE	SINGLE FAMILY DWELLING, PLATTED LOT	$242,600	173 ft
322 COTTAGE AVE E	ALEX AGUAIZA	TWO FAMILY DWELLING - UP/DWN	$290,000	181 ft
312 COTTAGE AVE E	FAITH BAPTIST CHURCH ST PAUL	RES/EXEMPT TWO FAM DWELLING - UP/DWN	$267,400	185 ft
0 COTTAGE AVE E	FAITH BAPTIST CHURCH ST PAUL	EXEMPT, VACANT LAND	$25,700	197 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.