1001 FREMONT AVE

PID: 332922240036· 2 fields stubbed (see below)

Property Overview

Parcel ID332922240036

Lot Size4,792 sq ft (0.110 ac)

Lot Dimensions (est.)40 ft wide × 117 ft deep

Year Built1886

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerOIG HOLDINGS LLC

Assessed Value$241,600

Land Value$25,000

Building Value$216,600

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

1 permit on record since 2024 · Most recent: Oct 2024 (building permit)

Building PermitOct 2024Inspected

—

Sam Zahran Iris Exteriors LLC

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

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 width30 ft

Buildable depth97 ft

Area~2,065 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 2,065 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1003 FREMONT AVE	KENNETH HAYES	TWO FAMILY DWELLING - UP/DWN	$231,800	60 ft
1011 FREMONT AVE	KENNETH KELLEY	SINGLE FAMILY DWELLING, PLATTED LOT	$181,700	120 ft
991 FREMONT AVE	STEVEN J REYNOLDS	SINGLE FAMILY DWELLING, PLATTED LOT	$263,400	120 ft
1002 4TH ST E	HOMES 4 REAL CASH LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$180,600	144 ft
1004 4TH ST E	JENNIFER HIBBITS	SINGLE FAMILY DWELLING, PLATTED LOT	$209,800	149 ft
1015 FREMONT AVE	COOPER WHITE JULIE J WHITE	SINGLE FAMILY DWELLING, PLATTED LOT	$250,500	159 ft
1008 4TH ST E	POUAPENG LO	SINGLE FAMILY DWELLING, PLATTED LOT	$178,200	164 ft
987 FREMONT AVE	DER XIONG	SINGLE FAMILY DWELLING, PLATTED LOT	$268,700	180 ft
1002 FREMONT AVE	ANASTASIO ORTEGA	TWO FAMILY DWELLING - UP/DWN	$188,100	184 ft
1014 4TH ST E	MAURICIO LEON MENDEZ	SINGLE FAMILY DWELLING, PLATTED LOT	$269,300	187 ft

Property History

Most Recent Sale

Date2023-02-28

Price$135,000

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.