1465 PAYNE AVE

PID: 202922130112· 2 fields stubbed (see below)

Property Overview

Parcel ID202922130112

Lot Size7,841 sq ft (0.190 ac)

Lot Dimensions (est.)114 ft wide × 69 ft deep

Year Built1909

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerROBERT D KRAKER

Assessed Value$433,600

Land Value$120,000

Building Value$313,600

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 2018 · Most recent: Jun 2018 (building permit)

Building PermitJun 2018Inspected

—

Mr David Austad / Natalie Fyksen AUSTAD CONSTRUCTION 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 rent1,110/mo

Renter-occupied22.5%

Median home value$241K

Vacancy rate2.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 306.02

Zoning

H1Residential

Residential — small-scale multi-unit housing (up to 4 units)

Typical Uses

·Single-family homes
·Duplexes
·Triplexes
·4-unit buildings

Max Height35 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 width104 ft

Buildable depth49 ft

Area~5,116 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 5,116 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
1459 PAYNE AVE	MICHELLE PARKER	SINGLE FAMILY DWELLING, PLATTED LOT	$234,200	59 ft
624 NEVADA AVE E	MARGARET T. CLOUD	SINGLE FAMILY DWELLING, PLATTED LOT	$277,900	75 ft
620 NEVADA AVE E	JONATHAN C STEDJE	SINGLE FAMILY DWELLING, PLATTED LOT	$246,300	114 ft
1453 PAYNE AVE	ELH SF 3 LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$235,200	131 ft
616 NEVADA AVE E	CHRISTY LEE	SINGLE FAMILY DWELLING, PLATTED LOT	$225,400	153 ft
648 WHEELOCK PKWY E	CITY OF ST PAUL	EXEMPT, VACANT LAND	$6,900	170 ft
625 ARLINGTON AVE E	LAN TUYET TRAN TR TUUYEN DINH TRAN TR	SINGLE FAMILY DWELLING, PLATTED LOT	$421,200	178 ft
1458 PAYNE AVE	DAVID G STAFFA	SINGLE FAMILY DWELLING, PLATTED LOT	$250,600	190 ft
612 NEVADA AVE E	ALISHA WISLOFSKY	SINGLE FAMILY DWELLING, PLATTED LOT	$232,300	193 ft
1445 PAYNE AVE	JEREMIAH DEAN	TWO FAMILY DWELLING - UP/DWN	$252,900	194 ft

Property History

Most Recent Sale

Date2005-04-28

Price$65,000

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.