124 ARCH ST E

PID: 312922120018· 2 fields stubbed (see below)

Property Overview

Parcel ID312922120018

Lot Size1,769,843 sq ft (35.700 ac)

Lot Dimensions (est.)1717 ft wide × 1031 ft deep

Year Built1957

Property ClassEXEMPT PROP. OWNED BY MUNICIPALS

OwnerST PAUL PUBLIC HOUSING AGENCY

Assessed Value$38,185,800

Land Value$9,040,000

Building Value$29,145,800

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Public land opportunityHigh

Owned by Saint Paul Public Housing Agency — surplus sales, redevelopment programs, or land trust transfers may apply.

Ramsey County parcel ownership data ↗

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

City of Saint Paul — surplus propertyMedium

The City of Saint Paul and Ramsey County dispose of public parcels through surplus property programs; contact PED for current listings and community land trust opportunities.

Ramsey County — Housing & Redevelopment ↗

Ramsey County CDA housing programsMedium

The Ramsey County Community Development Agency offers deferred loan programs, multifamily financing, and affordable housing development assistance.

Ramsey County CDA ↗

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

50 permits on record since 2022 · $574K total declared value · Most recent: Apr 2025 (plumbing)

PlumbingApr 2025Active/Issued

$500

GREG MARTIN MN PLUMBING & HOME SERVICES INC

PlumbingMar 2025Active/Issued

$500

GREG MARTIN MN PLUMBING & HOME SERVICES INC

PlumbingMar 2025Finaled

$625

ERICKSON PLUMBING HEATING COOLING INC

MechanicalMar 2025Finaled

$997

TODD FERRARA STANDARD HEATING & AIR CONDITIONING INC

MechanicalFeb 2025Finaled

$997

TODD FERRARA STANDARD HEATING & AIR CONDITIONING INC

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Frogtown Neighborhood Association · Saint Paul

Median reported rent990/mo

Renter-occupied90.7%

Median home value$183K

Vacancy rate2.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 428

Zoning

RM2Medium-Density Multiple-Family Residential

Multi-family Residential 2 — medium-intensity apartment (5 stories max)

Typical Uses

·Mid-rise apartments
·Condominiums
·Assisted living
·Nursing homes

Max Height50 ft

Min Setbacks

Front

25 ft

Side

9 ft

Rear

25 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width1,707 ft

Buildable depth991 ft

Area~149,140 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 5-over-1 podium (12–50 units) benchmarks for 149,140 sqft buildable area.

Est. units

1091

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
690 JACKSON ST	CITY OF ST PAUL	EXEMPT PROP. OWNED BY BD OF EDUC.	$6,379,200	982 ft

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.