602 IVY AVE E

PID: 202922430024· 2 fields stubbed (see below)

Property Overview

Parcel ID202922430024

Lot Size3,485 sq ft (0.170 ac)

Lot Dimensions (est.)60 ft wide × 57 ft deep

Year Built1902

Property ClassTWO FAMILY DWELLING - UP/DWN

OwnerRYAN RICHARDSON

Assessed Value$204,300

Land Value$35,000

Building Value$169,300

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 rent1,262/mo

Renter-occupied48.1%

Median home value$209K

Vacancy rate5.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 310

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 depth37 ft

Area~4,075 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 4,075 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
600 IVY AVE E	JAYMES DRIELING	SINGLE FAMILY DWELLING, PLATTED LOT	$182,100	45 ft
610 IVY AVE E	MATTHEW JOSEPH BECKER LENINA NOU CHEE YANG	SINGLE FAMILY DWELLING, PLATTED LOT	$309,000	60 ft
598 IVY AVE E	SONG S VANG	SINGLE FAMILY DWELLING, PLATTED LOT	$276,400	90 ft
616 IVY AVE E	MINNESOTA NICE RENTALS LLC	APARTMENTS 7-19 RENTAL UNITS	$547,300	120 ft
605 HYACINTH AVE E	SCARELLA PROPERTIES INC	SINGLE FAMILY DWELLING, PLATTED LOT	$182,700	143 ft
601 HYACINTH AVE E	TINNA K LUJAN	SINGLE FAMILY DWELLING, PLATTED LOT	$197,600	146 ft
607 HYACINTH AVE E	VEVA R MYLES	SINGLE FAMILY DWELLING, PLATTED LOT	$200,700	150 ft
601 IVY AVE E	TONGYING MOUA	SINGLE FAMILY DWELLING, PLATTED LOT	$252,400	158 ft
615 HYACINTH AVE E	CHONG HER	SINGLE FAMILY DWELLING, PLATTED LOT	$267,400	167 ft
597 HYACINTH AVE E	SHERRY VANG	SINGLE FAMILY DWELLING, PLATTED LOT	$296,700	169 ft

Property History

Most Recent Sale

Date2025-12-30

Price$120,000

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.