1254 PROSPERITY AVE

PID: 222922340049· 2 fields stubbed (see below)

Property Overview

Parcel ID222922340049

Lot Size7,841 sq ft (0.170 ac)

Lot Dimensions (est.)61 ft wide × 63 ft deep

Year Built1952

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerGRANT ECKER MADOLYN ELIAS

Assessed Value$304,600

Land Value$35,000

Building Value$269,600

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

H2Residential

Residential — medium-density multi-unit housing (up to 5 units)

Typical Uses

·Apartment buildings (up to 5 units)
·Duplexes
·Townhomes

Max Height39 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 width51 ft

Buildable depth43 ft

Area~4,245 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 3-story wood frame (5–12 units) benchmarks for 4,245 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
1252 PROSPERITY AVE	DONALD L FACKLER EVELYN J FACKLER	SINGLE FAMILY DWELLING, PLATTED LOT	$278,000	57 ft
1258 PROSPERITY AVE	BLIA VANG	SINGLE FAMILY DWELLING, PLATTED LOT	$266,800	58 ft
1250 PROSPERITY AVE	TA KHIN SA MU TAW	SINGLE FAMILY DWELLING, PLATTED LOT	$262,700	109 ft
1262 PROSPERITY AVE	CHUE S VANG TSENG XIONG VANG	SINGLE FAMILY DWELLING, PLATTED LOT	$228,600	132 ft
1257 BARCLAY ST	MAUNG Z KHIN HSER N PAW	SINGLE FAMILY DWELLING, PLATTED LOT	$284,600	145 ft
1263 BARCLAY ST	EVAN JACKSON	SINGLE FAMILY DWELLING, PLATTED LOT	$269,400	155 ft
1251 BARCLAY ST	ANNA M HOFSCHULTE	SINGLE FAMILY DWELLING, PLATTED LOT	$209,200	158 ft
0 PROSPERITY AVE	TA KHIN SA MU TAW	RESIDENTIAL, VACANT LAND, LOT	$700	174 ft
1248 PROSPERITY AVE	ROBERT WALTON SARAH LINDSAY	SINGLE FAMILY DWELLING, PLATTED LOT	$266,300	189 ft
1259 PROSPERITY AVE	CHONG VANG	SINGLE FAMILY DWELLING, PLATTED LOT	$331,500	195 ft

Property History

Most Recent Sale

Date2026-01-01

Price$234,500

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.