472 BEAUMONT ST

PID: 322922210088· 3 fields stubbed (see below)

Property Overview

Parcel ID322922210088

Lot Size3,049 sq ft (0.070 ac)

Lot Dimensions (est.)31 ft wide × 98 ft deep

Year Built—(stub)

Property ClassAPARTMENT VACANT LAND

OwnerJOHN PAANANEN

Assessed Value$6,300

Land Value$6,300

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 ↗

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 ↗

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 rent1,099/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 width21 ft

Buildable depth78 ft

Area~898 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 sfr / adu benchmarks for 898 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
468 BEAUMONT ST	JOHN PAANANEN	APARTMENTS 4-6 RENTAL UNITS	$446,300	36 ft
476 BEAUMONT ST	TENG YANG SAI NOU YANG	SINGLE FAMILY DWELLING, PLATTED LOT	$264,800	44 ft
664 DESOTO ST	CHONG K YANG YER PHA	SINGLE FAMILY DWELLING, PLATTED LOT	$278,700	83 ft
460 BEAUMONT ST	CREATIVE MORTGAGE PARTNERS LLC	TWO FAMILY DWELLING - SIDE/SIDE	$335,000	90 ft
670 DESOTO ST	JENNIFER ANN HOBBS AARON JEROME HOBBS	TWO FAMILY DWELLING - UP/DWN	$229,300	94 ft
663 BURR ST	ZOO YANG	RESIDENTIAL, VACANT LAND, LOT	$25,000	117 ft
660 DESOTO ST	RYAN YOEUN	SINGLE FAMILY DWELLING, PLATTED LOT	$268,200	122 ft
673 BURR ST	ZOO YANG	SINGLE FAMILY DWELLING, PLATTED LOT	$359,700	128 ft
661 BURR ST	ELIZABETH FANG	TWO FAMILY DWELLING - UP/DWN	$247,800	136 ft
656 DESOTO ST	OLADIMEJI ISELEWA	TWO FAMILY DWELLING - SIDE/SIDE	$454,000	162 ft

Property History

Most Recent Sale

Date2022-07-12

Price—

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.