581 FOREST ST

PID: 332922230026· 2 fields stubbed (see below)

Property Overview

Parcel ID332922230026

Lot Size4,356 sq ft (0.100 ac)

Lot Dimensions (est.)42 ft wide × 43 ft deep

Year Built1890

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerANDREW J CROSBY

Assessed Value$222,200

Land Value$23,600

Building Value$198,600

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

No permits found in Saint Paul open data for this parcel.

Neighborhood Profile

Dayton's Bluff Community Council · Saint Paul

Median reported rent1,288/mo

Renter-occupied37.1%

Median home value$200K

Vacancy rate1.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 345

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 width32 ft

Buildable depth23 ft

Area~1,848 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 1,848 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
579 FOREST ST	LOU VANG	TWO FAMILY DWELLING - UP/DWN	$211,400	41 ft
589 FOREST ST	WAMOUA LEE SHENG H LEE	TWO FAMILY DWELLING - SIDE/SIDE	$206,100	62 ft
927 4TH ST E	PHILLIP EDDLESTON JANE E GEHR	SINGLE FAMILY DWELLING, PLATTED LOT	$297,400	81 ft
573 FOREST ST	YUSUF KEDIR KABETO	TWO FAMILY DWELLING - SIDE/SIDE	$216,900	82 ft
921 4TH ST E	LEVI YANG LEE MOUA	TWO FAMILY DWELLING - UP/DWN	$188,500	118 ft
597 FOREST ST	PHILLIP OLIVER KELLY OLIVER	SINGLE FAMILY DWELLING, PLATTED LOT	$330,100	125 ft
928 5TH ST E	MARY C STRAIN	SINGLE FAMILY DWELLING, PLATTED LOT	$210,700	127 ft
922 5TH ST E	TOU VUE PANHIA XIONG VUE	SINGLE FAMILY DWELLING, PLATTED LOT	$203,600	153 ft
919 4TH ST E	MARCUS J FORD	SINGLE FAMILY DWELLING, PLATTED LOT	$211,000	156 ft
582 FOREST ST	JULIE A BENICK DON L BENICK	SINGLE FAMILY DWELLING, PLATTED LOT	$235,900	160 ft

Property History

Most Recent Sale

Date1995-01-01

Price$8,500

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.