786 LEXINGTON PKWY N

PID: 262923330111· 2 fields stubbed (see below)

Property Overview

Parcel ID262923330111

Lot Size4,792 sq ft (0.110 ac)

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

Year Built1950

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerDIXIE A JEPSON HOLLAND

Assessed Value$269,000

Land Value$22,500

Building Value$246,500

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

Frogtown Neighborhood Association · Saint Paul

Median reported rent933/mo

Renter-occupied35.8%

Median home value$217K

Vacancy rate7.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 324

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 width30 ft

Buildable depth21 ft

Area~1,926 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 1,926 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
790 LEXINGTON PKWY N	JESSICA RAU HALEY RYDELL	SINGLE FAMILY DWELLING, PLATTED LOT	$330,700	40 ft
1085 SEMINARY AVE	KRISTI LEE ELLISON PETER REYNOLD ELLISON	SINGLE FAMILY DWELLING, PLATTED LOT	$221,100	40 ft
794 LEXINGTON PKWY N	JAE BATES ISAIAH MAYO	SINGLE FAMILY DWELLING, PLATTED LOT	$264,200	80 ft
1079 SEMINARY AVE	JACQUELINE ROSE JORGENSON JAKE CLIFFORD JORGENSON	SINGLE FAMILY DWELLING, PLATTED LOT	$259,800	94 ft
796 LEXINGTON PKWY N	THERESE KULAS NICHOLAS BROWN	SINGLE FAMILY DWELLING, PLATTED LOT	$310,400	120 ft
1075 SEMINARY AVE	HELEN I AMMANN	SINGLE FAMILY DWELLING, PLATTED LOT	$171,200	136 ft
776 LEXINGTON PKWY N	AKBAR R MUHAMMAD	SINGLE FAMILY DWELLING, PLATTED LOT	$262,700	149 ft
804 LEXINGTON PKWY N	CARLOS D A STEWART TR AMANDA L SAUM-STEWART TR	SINGLE FAMILY DWELLING, PLATTED LOT	$275,900	160 ft
1080 HUBBARD AVE	ASHLEY ABBOTT	SINGLE FAMILY DWELLING, PLATTED LOT	$233,600	176 ft
1073 SEMINARY AVE	DEBORAH M FRATTALLONE	SINGLE FAMILY DWELLING, PLATTED LOT	$202,900	178 ft

Property History

Most Recent Sale

Date1995-09-01

Price$80,000

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.