242 ROSE AVE W

PID: 252923110198· 2 fields stubbed (see below)

Property Overview

Parcel ID252923110198

Lot Size6,098 sq ft (0.140 ac)

Lot Dimensions (est.)70 ft wide × 87 ft deep

Year Built1888

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerJOSEPH J RUMSEY

Assessed Value$223,700

Land Value$25,000

Building Value$198,700

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

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 width60 ft

Buildable depth67 ft

Area~3,223 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 3,223 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
234 ROSE AVE W	SHARON KJELLBERG	SINGLE FAMILY DWELLING, PLATTED LOT	$184,900	56 ft
250 ROSE AVE W	ZACHARY ALLEN ELIZABETH GRACE ALLEN	SINGLE FAMILY DWELLING, PLATTED LOT	$230,400	68 ft
1161 MARION ST	THERESA A GRIFFITH STEVEN J GRIFFITH	SINGLE FAMILY DWELLING, PLATTED LOT	$162,000	83 ft
232 ROSE AVE W	STACEY J VANDERPORT	SINGLE FAMILY DWELLING, PLATTED LOT	$216,300	101 ft
1156 GALTIER ST	ARIYAH NPLIAS VANG	TWO FAMILY DWELLING - UP/DWN	$211,700	108 ft
1155 MARION ST	ANDREW KERKOW	SINGLE FAMILY DWELLING, PLATTED LOT	$209,400	110 ft
256 ROSE AVE W	XVH ENTERPRISE LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$166,900	122 ft
1171 MARION ST	THERON STEWARD	TWO FAMILY DWELLING - UP/DWN	$318,500	138 ft
1154 GALTIER ST	RECOVERY FIRST PROPERTIES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$335,700	145 ft
1172 GALTIER ST	PHILLIP WORTHING	SINGLE FAMILY DWELLING, PLATTED LOT	$203,000	149 ft

Property History

Most Recent Sale

Date2014-05-30

Price$94,500

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.