702 ROSE AVE E

PID: 292922110061· 2 fields stubbed (see below)

Property Overview

Parcel ID292922110061

Lot Size5,227 sq ft (0.120 ac)

Lot Dimensions (est.)42 ft wide × 125 ft deep

Year Built1922

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerCOLE NAPIERALA

Assessed Value$196,800

Land Value$25,000

Building Value$171,800

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

Payne-Phalen District 5 Planning Council · Saint Paul

Median reported rent1,262/mo

Renter-occupied48.1%

Median home value$209K

Vacancy rate5.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 310

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 width32 ft

Buildable depth105 ft

Area~2,193 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 2,193 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
706 ROSE AVE E	BRETT S EVANS	SINGLE FAMILY DWELLING, PLATTED LOT	$230,500	41 ft
710 ROSE AVE E	LALISA REVELS	SINGLE FAMILY DWELLING, PLATTED LOT	$213,000	81 ft
714 ROSE AVE E	PAUL CHAVEZ JOAN CHAVEZ	TWO FAMILY DWELLING - UP/DWN	$196,000	121 ft
701 GERANIUM AVE E	GERANIO LLC	TWO FAMILY DWELLING - UP/DWN	$375,600	141 ft
705 GERANIUM AVE E	JORGE ANTONIO MENDOZA CARDENAS	SINGLE FAMILY DWELLING, PLATTED LOT	$234,300	147 ft
716 ROSE AVE E	CHANG VANG	TWO FAMILY DWELLING - UP/DWN	$164,800	160 ft
711 GERANIUM AVE E	ALEXA WELLER RAJEAN JONES	SINGLE FAMILY DWELLING, PLATTED LOT	$289,200	162 ft
715 GERANIUM AVE E	LAUREL A NELSON	TWO FAMILY DWELLING - UP/DWN	$260,200	185 ft
701 ROSE AVE E	XUE HER	SINGLE FAMILY DWELLING, PLATTED LOT	$202,200	187 ft
703 ROSE AVE E	JAMES NITTI JR	SINGLE FAMILY DWELLING, PLATTED LOT	$199,200	192 ft

Property History

Most Recent Sale

Date2025-04-29

Price$216,500

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.