873 FREMONT AVE

PID: 332922230154· 2 fields stubbed (see below)

Property Overview

Parcel ID332922230154

Lot Size8,712 sq ft (0.200 ac)

Lot Dimensions (est.)115 ft wide × 76 ft deep

Year Built1914

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerXIAOQIAO WEI

Assessed Value$262,500

Land Value$45,300

Building Value$217,200

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

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

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 width105 ft

Buildable depth56 ft

Area~5,113 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 5,113 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
553 MENDOTA ST	DADDER'S ESTATES LLC	TWO FAMILY DWELLING - UP/DWN	$208,100	57 ft
863 FREMONT AVE	SAMANTHA J KELLY TODD M ALEXANDER	SINGLE FAMILY DWELLING, PLATTED LOT	$227,000	83 ft
557 MENDOTA ST	DAVID C CUNNINGHAM LUCIA B CUNNINGHAM	TWO FAMILY DWELLING - UP/DWN	$183,000	107 ft
859 FREMONT AVE	JONATHAN C REBOLLEDO	SINGLE FAMILY DWELLING, PLATTED LOT	$214,600	122 ft
879 FREMONT AVE	BUTHAYNA M JEBREEN	SMALL (UNDER 10,000 SF) DET. RETAIL	$271,300	137 ft
874 FREMONT AVE	THONGSAVAN VANG	TWO FAMILY DWELLING - UP/DWN	$249,900	159 ft
855 FREMONT AVE	C & Y INVESTMENTS LLC	TWO FAMILY DWELLING - SIDE/SIDE	$249,100	161 ft
878 FREMONT AVE	CAG MINNESOTA FUND II LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$234,100	163 ft
868 FREMONT AVE	JESSE JOSEPH GILLESPIE KELLIE SU PATRICIA GILLESPIE	SINGLE FAMILY DWELLING, PLATTED LOT	$316,500	164 ft
565 MENDOTA ST	ANDREW QUIRT STARR E HEIN	SINGLE FAMILY DWELLING, PLATTED LOT	$226,900	167 ft

Property History

Most Recent Sale

Date2013-02-28

Price$106,000

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.