1231 MARION ST

PID: 242923440201· 2 fields stubbed (see below)

Property Overview

Parcel ID242923440201

Lot Size5,227 sq ft (0.120 ac)

Lot Dimensions (est.)40 ft wide × 41 ft deep

Year Built1926

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerDEE OO PAW HTOO

Assessed Value$260,300

Land Value$25,000

Building Value$235,300

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

North End Neighborhood Organization · Saint Paul

Median reported rent1,151/mo

Renter-occupied31.1%

Median home value$200K

Vacancy rate8.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 308

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 width30 ft

Buildable depth21 ft

Area~2,132 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 2,132 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1227 MARION ST	MARY JO KITTO	SINGLE FAMILY DWELLING, PLATTED LOT	$274,200	40 ft
1235 MARION ST	DEANDRA RICHARDSON GIOVANNI SWAN	SINGLE FAMILY DWELLING, PLATTED LOT	$253,900	50 ft
1223 MARION ST	RICHARD S HELLER	SINGLE FAMILY DWELLING, PLATTED LOT	$135,800	80 ft
1239 MARION ST	ADAM S ROGERS PATRICIA A ROGERS	SINGLE FAMILY DWELLING, PLATTED LOT	$237,200	100 ft
1219 MARION ST	JOEL ALMQUIST	SINGLE FAMILY DWELLING, PLATTED LOT	$198,400	125 ft
1245 MARION ST	KRISTINE A PRICE	SINGLE FAMILY DWELLING, PLATTED LOT	$258,400	144 ft
1232 GALTIER ST	MARIA E MAIER	SINGLE FAMILY DWELLING, PLATTED LOT	$218,400	146 ft
1228 GALTIER ST	JAMES HOYE	SINGLE FAMILY DWELLING, PLATTED LOT	$248,200	146 ft
1224 GALTIER ST	KLAY NAY LAW KLEE HTOO	SINGLE FAMILY DWELLING, PLATTED LOT	$228,700	156 ft
1236 GALTIER ST	MAI LEAR YANG	SINGLE FAMILY DWELLING, PLATTED LOT	$258,100	157 ft

Property History

Most Recent Sale

Date2024-05-21

Price$205,000

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.