433 NEVADA AVE E

PID: 202922230157· 2 fields stubbed (see below)

Property Overview

Parcel ID202922230157

Lot Size7,405 sq ft (0.180 ac)

Lot Dimensions (est.)60 ft wide × 123 ft deep

Year Built1955

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerTHOR H XIONG

Assessed Value$257,300

Land Value$35,000

Building Value$222,300

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

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 width50 ft

Buildable depth103 ft

Area~4,288 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 4,288 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
427 NEVADA AVE E	MINOKA A KITTO DANIELLE N KITTO	TWO FAMILY DWELLING - SIDE/SIDE	$318,200	65 ft
439 NEVADA AVE E	XO R VUE	SINGLE FAMILY DWELLING, PLATTED LOT	$235,800	70 ft
449 NEVADA AVE E	TOU LEE	SINGLE FAMILY DWELLING, PLATTED LOT	$349,900	129 ft
423 NEVADA AVE E	JEREMY HEIDEBRINK	TWO FAMILY DWELLING - SIDE/SIDE	$333,600	134 ft
438 NEBRASKA AVE E	PAHOUA LAO	SINGLE FAMILY DWELLING, PLATTED LOT	$226,000	143 ft
434 NEBRASKA AVE E	KYAW HAE TIN HLAING	SINGLE FAMILY DWELLING, PLATTED LOT	$227,200	146 ft
440 NEBRASKA AVE E	YELLOW FLOWER MARKETING LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$155,000	152 ft
430 NEBRASKA AVE E	CHANG YANG	SINGLE FAMILY DWELLING, PLATTED LOT	$298,500	163 ft
448 NEBRASKA AVE E	MARCUS D WEEMS LAKEISHA WEEMS	TWO FAMILY DWELLING - SIDE/SIDE	$387,800	175 ft
453 NEVADA AVE E	CHRISTIAN RESSLER	SINGLE FAMILY DWELLING, PLATTED LOT	$247,300	189 ft

Property History

Most Recent Sale

Date2015-05-27

Price$140,500

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.