1149 FOREST ST

PID: 282922220051· 2 fields stubbed (see below)

Property Overview

Parcel ID282922220051

Lot Size7,405 sq ft (0.170 ac)

Lot Dimensions (est.)79 ft wide × 94 ft deep

Year Built1964

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerTHE PASTURES LLC

Assessed Value$491,400

Land Value$140,000

Building Value$351,400

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Saint Paul — 4d Affordable Housing Incentive ↗

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 ↗

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

Payne-Phalen District 5 Planning Council · Saint Paul

Median reported rent1,284/mo

Renter-occupied23.3%

Median home value$224K

Vacancy rate6.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 311

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 width69 ft

Buildable depth74 ft

Area~4,210 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 4,210 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
935 GERANIUM AVE E	ART INVESTMENT GROUP LLC	TWO FAMILY DWELLING - UP/DWN	$254,500	61 ft
929 GERANIUM AVE E	RICKY PELAYO	TWO FAMILY DWELLING - UP/DWN	$200,100	61 ft
923 GERANIUM AVE E	ALEJANDRA CARRION NUNEZ	SINGLE FAMILY DWELLING, PLATTED LOT	$216,600	100 ft
1148 FOREST ST	DIVERSE CAPITAL INC	SINGLE FAMILY DWELLING, PLATTED LOT	$246,500	119 ft
932 ROSE AVE E	MUALIHIE MOUACHER YANG	SINGLE FAMILY DWELLING, PLATTED LOT	$207,600	128 ft
936 ROSE AVE E	DAR PAW	SINGLE FAMILY DWELLING, PLATTED LOT	$266,400	129 ft
1142 FOREST ST	CHARLENE HUNTER	SINGLE FAMILY DWELLING, PLATTED LOT	$187,300	129 ft
928 ROSE AVE E	PO CHA MAO CHA	SINGLE FAMILY DWELLING, PLATTED LOT	$228,000	140 ft
919 GERANIUM AVE E	KRISTINA LOVEGOOD	SINGLE FAMILY DWELLING, PLATTED LOT	$216,500	140 ft
924 ROSE AVE E	BENJAMIN CARTER	TWO FAMILY DWELLING - UP/DWN	$213,400	161 ft

Property History

Most Recent Sale

Date2022-07-15

Price$630,000

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.