500 HOPKINS ST

PID: 322922240063· 2 fields stubbed (see below)

Property Overview

Parcel ID322922240063

Lot Size7,405 sq ft (0.170 ac)

Lot Dimensions (est.)50 ft wide × 146 ft deep

Year Built1886

Property ClassTWO FAMILY DWELLING - UP/DWN

OwnerBB HOUSING ASSOCIATES LLC

Assessed Value$251,600

Land Value$25,000

Building Value$226,600

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

1 permit on record since 2020 · $1K total declared value · Most recent: Jun 2020 (plumbing)

PlumbingJun 2020Finaled

$1K

Mr ISAIAH COKER IKE'S PLUMBING & DRAIN CLEANING INC

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 width40 ft

Buildable depth126 ft

Area~3,911 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 3-story wood frame (5–12 units) benchmarks for 3,911 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
506 HOPKINS ST	ZIRHUMANA BYAKWELI BRIGITTE BYAKWELI	SINGLE FAMILY DWELLING, PLATTED LOT	$321,900	51 ft
560 BRUNSON ST	HOUSING AND REDEVELOPMENT AUTHORITY	RESID/EXEMPT VACANT LAND	$38,800	76 ft
562 BRUNSON ST	BRENT BENSON SADIE BENSON	SINGLE FAMILY DWELLING, PLATTED LOT	$199,800	94 ft
509 PETIT ST	CMB PROPERTIES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$212,100	95 ft
510 HOPKINS ST	NAO YING VANG PANG HER VANG	TWO FAMILY DWELLING - SIDE/SIDE	$224,500	106 ft
502 PETIT ST	HOUSING AND REDEV AUTH ST PAUL	RESID/EXEMPT VACANT LAND	$5,300	129 ft
506 PETIT ST	HOUSING AND REDEV AUTHORITY	RESID/EXEMPT VACANT LAND	$5,300	134 ft
563 PAYNE AVE	MIDWEST AVIAN ADOPTION AND RESCUE SVCS	EXEMPT, WELFARE/CHARIT FACILITY	$283,900	142 ft
508 PETIT ST	HOUSING AND REDEVELOPMENT	RESID/EXEMPT VACANT LAND	$5,800	151 ft
539 PAYNE AVE	ROBYN L COURNOYER	MIXED RESID/COMMERCIAL	$246,800	176 ft

Property History

Most Recent Sale

Date2011-07-29

Price$16,356

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.