24 SYCAMORE ST W

PID: 302922340005· 3 fields stubbed (see below)

Property Overview

Parcel ID302922340005

Lot Size4,356 sq ft (0.100 ac)

Lot Dimensions (est.)40 ft wide × 107 ft deep

Year Built—(stub)

Property ClassRESIDENTIAL, VACANT LAND, LOT

OwnerOLUFUNMILADE A AKINMUSIRE

Assessed Value$25,000

Land Value$25,000

Building Value$0

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 rent1,203/mo

Renter-occupied47.7%

Median home value$203K

Vacancy rate6.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 314

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 depth87 ft

Area~1,754 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 1,754 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
26 SYCAMORE ST W	OLUWAKEMI A AROGUNDADE	SINGLE FAMILY DWELLING, PLATTED LOT	$249,800	40 ft
22 SYCAMORE ST W	ELY ALEXANDER GUILLEN RIVERA	SINGLE FAMILY DWELLING, PLATTED LOT	$252,100	40 ft
0 SYCAMORE ST W	JACOB J LUCAS SR	RESIDENTIAL, VACANT LAND, LOT	$25,000	80 ft
14 SYCAMORE ST W	BENITO R DIAZ	SINGLE FAMILY DWELLING, PLATTED LOT	$139,300	100 ft
23 ACKER ST W	CHRISTOPHER CORNET	APARTMENTS 4-6 RENTAL UNITS	$314,500	108 ft
27 ACKER ST W	JACK E LEIBMAN TR	TWO FAMILY DWELLING - UP/DWN	$183,100	115 ft
21 ACKER ST W	QUALITY RESIDENCES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$146,500	118 ft
776 SYLVAN ST	PERRY D SAUTBINE	SINGLE FAMILY DWELLING, PLATTED LOT	$303,400	120 ft
29 ACKER ST W	JACOB J LUCAS SR	SINGLE FAMILY DWELLING, PLATTED LOT	$99,400	134 ft
17 ACKER ST W	SARA E GRAPP GIBSON	SINGLE FAMILY DWELLING, PLATTED LOT	$136,100	136 ft

Property History

Most Recent Sale

Date2011-08-15

Price$7,500

Type—

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount, yearBuilt. See README for details on which sources are live vs. stubbed.