435 NEBRASKA AVE W, ST PAUL, 55117

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PID: 242923240033· 1 field stubbed (see below)

Property Overview

Parcel ID242923240033

Lot Size10,019 sq ft (0.230 ac)

Lot Dimensions (est.)124 ft wide × 80 ft deep

Year Built1963

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerJOSHUA PINKNEY RENEE PINKNEY

Assessed Value$374,100

Land Value$50,000

Building Value$324,100

Annual Tax$5,892

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

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 ↗

Met Council Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.

Metro Council — Environmental Response Fund ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

9 permits on record since 2016 · $61K total declared value · Most recent: Apr 2025 (warm air, ventilation & general sheet)

Warm Air, Ventilation & General SheetApr 2025Finaled

$16K

JOSHUA SAVAGE HERO HOME SERVICES dba HERO PLUMBING HEATING & COOLING

MechanicalApr 2025Finaled

$16K

JOSHUA SAVAGE HERO HOME SERVICES dba HERO PLUMBING HEATING & COOLING

MechanicalApr 2025Finaled

$16K

JOSHUA SAVAGE HERO HOME SERVICES dba HERO PLUMBING HEATING & COOLING

ElectricalApr 2025Finaled

$260

JOSHUA SAVAGE HERO HOME SERVICES dba HERO PLUMBING HEATING & COOLING

PlumbingMar 2022Finaled

$510

RICK BRAINER PERFECTION PLUMBING LLC

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

Neighborhood Profile

North End Neighborhood Organization · Saint Paul

Median reported rent1,136/mo

Renter-occupied59.6%

Median home value$244K

Vacancy rate8.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 304

Market Snapshot

Zip code 55117

Median sale price$270K-3.1% YoY

Median price / sqft$185/sqft

Median days to close40 days

Active listings70

Source: Redfin Data Center (Invalid Date) · Zip 55117

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 width114 ft

Buildable depth60 ft

Area~6,182 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 6,182 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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