1375 PROSPERITY AVE

PID: 222922310160· 3 fields stubbed (see below)

Property Overview

Parcel ID222922310160

Lot Size12,632 sq ft (0.300 ac)

Lot Dimensions (est.)168 ft wide × 101 ft deep

Year Built—(stub)

Property ClassRESIDENTIAL, VACANT LAND, LOT

OwnerGOFOUR DEVELOPMENT LLC

Assessed Value$31,500

Land Value$31,500

Building Value$0

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

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 width158 ft

Buildable depth81 ft

Area~8,563 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 8,563 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
1364 BARCLAY ST	MANFREDO GUDIEL MONTERROSO MONTERROSO	TWIN HOME	$270,000	106 ft
1362 BARCLAY ST	ELEAZAR L MONTERROSO MONTERROSO	TWIN HOME	$298,000	108 ft
1366 BARCLAY ST	GRAFTED SHOOTS LLC	TWIN HOME	$270,000	110 ft
1360 BARCLAY ST	STEVEN HER	TWIN HOME	$294,800	115 ft
1368 BARCLAY ST	ADAM H ABBAJIFAR	TWIN HOME	$325,600	119 ft
1381 PROSPERITY AVE	HOUSING AND REDEV AUTH ST PAUL	RESID/EXEMPT VACANT LAND	$52,500	127 ft
1358 BARCLAY ST	SWEET HOME SOLUTIONS LLC	TWIN HOME	$247,000	128 ft
1365 PROSPERITY AVE	DISTRICT 2 COMMUNITY COUNCIL	EXEMPT, OFFICE BUILDING	$66,100	134 ft
1370 BARCLAY ST	EMILY EHLERT JAIME MEYER	SINGLE FAMILY DWELLING, PLATTED LOT	$261,100	149 ft
1356 PROSPERITY AVE	ORIN W ROOT PAULA J JASBERG	TWO FAMILY DWELLING - SIDE/SIDE	$265,600	161 ft

Property History

Most Recent Sale

Date2024-01-09

Price—

Type—

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount, yearBuilt. See README for details on which sources are live vs. stubbed.