1356 PROSPERITY AVE

PID: 222922310027· 2 fields stubbed (see below)

Property Overview

Parcel ID222922310027

Lot Size6,098 sq ft (0.160 ac)

Lot Dimensions (est.)55 ft wide × 61 ft deep

Year Built1937

Property ClassTWO FAMILY DWELLING - SIDE/SIDE

OwnerORIN W ROOT PAULA J JASBERG

Assessed Value$265,600

Land Value$31,500

Building Value$234,100

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

4 permits on record since 2023 · $37K total declared value · Most recent: Dec 2024 (electrical)

ElectricalDec 2024Finaled

$150

Andre's Electric

ElectricalNov 2024Finaled

$250

Andre's Electric

Building PermitJul 2024Active/Issued

$37K

Staci Baker Radiant Change Construction, LLC DBA, Paul Davis Restoration

Building PermitNov 2023Active/Issued

—

Anthony Violette FIT THE BILL CONSTRUCTION LLC

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

Neighborhood Profile

Greater East Side Community Council · Saint Paul

Median reported rent1,199/mo

Renter-occupied50.6%

Median home value$214K

Vacancy rate7.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 307.04

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 width45 ft

Buildable depth41 ft

Area~4,039 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 4,039 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1350 PROSPERITY AVE	ELAINE M BEAUBIEN	SINGLE FAMILY DWELLING, PLATTED LOT	$217,100	69 ft
1346 PROSPERITY AVE	TONY WHIPPLE DAWN WHIPPLE	SINGLE FAMILY DWELLING, PLATTED LOT	$208,100	119 ft
1370 PROSPERITY AVE	ELIZABETH ROPER	SINGLE FAMILY DWELLING, PLATTED LOT	$272,500	149 ft
1375 PROSPERITY AVE	GOFOUR DEVELOPMENT LLC	RESIDENTIAL, VACANT LAND, LOT	$31,500	161 ft
1365 PROSPERITY AVE	DISTRICT 2 COMMUNITY COUNCIL	EXEMPT, OFFICE BUILDING	$66,100	183 ft
1361 HAZELWOOD ST	CHENG XIONG CHEE CHA	SINGLE FAMILY DWELLING, PLATTED LOT	$294,100	190 ft
1361 PROSPERITY AVE	JUDY H JOHANSON	SINGLE FAMILY DWELLING, PLATTED LOT	$178,400	191 ft
1342 PROSPERITY AVE	THOMAS N THURNER	SINGLE FAMILY DWELLING, PLATTED LOT	$258,400	193 ft
1355 PROSPERITY AVE	BRUCE G KRUMMEL	TWO FAMILY DWELLING - SIDE/SIDE	$222,500	209 ft
1358 BARCLAY ST	SWEET HOME SOLUTIONS LLC	TWIN HOME	$247,000	210 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.