324 ARLINGTON AVE E

PID: 192922410022· 2 fields stubbed (see below)

Property Overview

Parcel ID192922410022

Lot Size5,227 sq ft (0.130 ac)

Lot Dimensions (est.)40 ft wide × 123 ft deep

Year Built1922

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerWILLIAM M FRAHS MARJORIE A FRAHS

Assessed Value$226,900

Land Value$25,000

Building Value$201,900

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

2 permits on record since 2021 · $15K total declared value · Most recent: Apr 2024 (building permit)

Building PermitApr 2024Finaled

—

ELYSIAN CONSTRUCTION INC

Building PermitSep 2021Finaled

$15K

SAFEBASEMENTS OF MINNESOTA INC

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

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 width30 ft

Buildable depth83 ft

Area~142 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 142 sqft buildable area.

Est. units

Yield on cost

15.6%

Spread

+10.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
320 ARLINGTON AVE E	TOU THAO	SINGLE FAMILY DWELLING, PLATTED LOT	$264,700	39 ft
330 ARLINGTON AVE E	MONICA H LEE	SINGLE FAMILY DWELLING, PLATTED LOT	$253,200	59 ft
1425 WESTMINSTER ST	ANTQUANET DAVIS JOHN RIDLEY	SINGLE FAMILY DWELLING, PLATTED LOT	$254,100	96 ft
316 ARLINGTON AVE E	ANATOLE ZOROBI ESTELLE GNOKILE	SINGLE FAMILY DWELLING, PLATTED LOT	$262,500	101 ft
1435 WESTMINSTER ST	UNI INC	SINGLE FAMILY DWELLING, PLATTED LOT	$230,900	117 ft
1421 WESTMINSTER ST	JACOB REINWAND POLSFUSS	SINGLE FAMILY DWELLING, PLATTED LOT	$189,900	155 ft
337 SHERWOOD AVE	TERRI A RISTOW	RESIDENTIAL, OTHER	$55,500	158 ft
335 SHERWOOD AVE	PAMELA SAHU	SINGLE FAMILY DWELLING, PLATTED LOT	$304,900	161 ft
321 ARLINGTON AVE E	WILLIAM J HORRIGAN	SINGLE FAMILY DWELLING, PLATTED LOT	$176,600	183 ft
331 SHERWOOD AVE	KIMBERLY BESTLER	SINGLE FAMILY DWELLING, PLATTED LOT	$256,100	188 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.