712 PREBLE ST

PID: 322922120073· 2 fields stubbed (see below)

Property Overview

Parcel ID322922120073

Lot Size5,227 sq ft (0.120 ac)

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

Year Built1879

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerJAY MILLER STEPHANIE LIMPERT

Assessed Value$190,800

Land Value$25,000

Building Value$165,800

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

1 permit on record since 2021 · $2K total declared value · Most recent: Jan 2021 (electrical)

ElectricalJan 2021Finaled

$2K

RELIANT ELECTRIC INC dba: EARLYBIRD ELECTRIC

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

Neighborhood Profile

Payne-Phalen District 5 Planning Council · Saint Paul

Median reported rent1,099/mo

Renter-occupied41.8%

Median home value$190K

Vacancy rate7.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 330

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 width30 ft

Buildable depth20 ft

Area~2,308 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 2,308 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
708 PREBLE ST	CHRISTIAN OKOH	APARTMENTS 4-6 RENTAL UNITS	$412,600	40 ft
618 MINNEHAHA AVE E	INES LAZO SANCHEZ	APARTMENTS 4-6 RENTAL UNITS	$477,600	60 ft
702 PREBLE ST	GARY HITTLE	RESIDENTIAL, VACANT LAND, LOT	$11,300	81 ft
695 PAYNE AVE	HELOSA LLC	SMALL (UNDER 10,000 SF) DET. RETAIL	$43,300	125 ft
719 PAYNE AVE	ALKA LLC	CONVENIENCE STORE	$510,300	140 ft
713 PREBLE ST	GOMAA ELZAMEL	TWO FAMILY DWELLING - UP/DWN	$153,200	181 ft
715 PREBLE ST	ALFREDO MEDINA	SINGLE FAMILY DWELLING, PLATTED LOT	$176,400	185 ft
707 PREBLE ST	SAV INC	TWO FAMILY DWELLING - UP/DWN	$340,400	186 ft
719 PREBLE ST	BRIDGETT JOHNSON	SINGLE FAMILY DWELLING, PLATTED LOT	$234,600	198 ft
694 PAYNE AVE	MICHAEL W KELLEY JOYCE M KELLEY	MIXED RESID/COMMERCIAL	$364,900	198 ft

Property History

Most Recent Sale

Date2021-03-12

Price$115,000

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.