1405 PAYNE AVE

PID: 202922420091· 2 fields stubbed (see below)

Property Overview

Parcel ID202922420091

Lot Size6,098 sq ft (0.140 ac)

Lot Dimensions (est.)112 ft wide × 54 ft deep

Year Built1951

Property ClassAPARTMENTS 4-6 RENTAL UNITS

Owner1405 PAYNE LLC

Assessed Value$500,000

Land Value$100,000

Building Value$400,000

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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

No permits found in Saint Paul open data for this parcel.

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 width102 ft

Buildable depth34 ft

Area~2,995 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 2,995 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1401 PAYNE AVE	ANGELA GRZESKOWIAK	SINGLE FAMILY DWELLING, PLATTED LOT	$234,800	48 ft
1395 PAYNE AVE	YONGSIA YANG	SINGLE FAMILY DWELLING, PLATTED LOT	$230,900	94 ft
1409 PAYNE AVE	JUAN F LOZOYA ANTOINETTE G MCQUAID LOZOYA	TWO FAMILY DWELLING - UP/DWN	$301,000	98 ft
1404 SEARLE ST	LYDIA HAWLEY JESSE BUETOW	SINGLE FAMILY DWELLING, PLATTED LOT	$276,100	126 ft
1400 SEARLE ST	BLAKE WILCOX ANGELA TIPP	SINGLE FAMILY DWELLING, PLATTED LOT	$380,300	135 ft
1413 PAYNE AVE	KERT J SWANSON	SINGLE FAMILY DWELLING, PLATTED LOT	$230,200	141 ft
1389 PAYNE AVE	NOU VANG	SINGLE FAMILY DWELLING, PLATTED LOT	$259,300	142 ft
1396 SEARLE ST	AMI SUSANNE ANDERSEN JASON GEORGE ANDERSEN	SINGLE FAMILY DWELLING, PLATTED LOT	$286,300	158 ft
644 SHERWOOD AVE	RRH HOLDINGS LLC	APARTMENTS 4-6 RENTAL UNITS	$580,600	179 ft
625 SHERWOOD AVE	ANDREW D HYBBEN	SINGLE FAMILY DWELLING, PLATTED LOT	$241,800	180 ft

Property History

Most Recent Sale

Date1986-10-05

Price$137,000

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.