632 LEXINGTON PKWY N

PID: 352923220145· 2 fields stubbed (see below)

Property Overview

Parcel ID352923220145

Lot Size1,307 sq ft (0.030 ac)

Lot Dimensions (est.)21 ft wide × 20 ft deep

Year Built1927

Property ClassTWIN HOME

OwnerPAUL L BELMONTE

Assessed Value$148,400

Land Value$3,900

Building Value$144,500

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

Frogtown Neighborhood Association · Saint Paul

Median reported rent933/mo

Renter-occupied35.8%

Median home value$217K

Vacancy rate7.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 324

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 width11 ft

Buildable depth0 ft

Area~66 sqft

Lot dimensions are insufficient for the standard setbacks shown.

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 66 sqft buildable area.

Est. units

Yield on cost

46.7%

Spread

+41.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
634 LEXINGTON PKWY N	PAUL L BELMONTE	TWIN HOME	$148,400	21 ft
642 LEXINGTON PKWY N	ERIC ROBEY JOAN ROBEY	SINGLE FAMILY DWELLING, PLATTED LOT	$247,800	70 ft
1091 LAFOND AVE	SAMUEL BALDRICA FETTIG	SINGLE FAMILY DWELLING, PLATTED LOT	$287,000	100 ft
628 LEXINGTON PKWY N	ERIK C BUSCHER RENEE R PAGANO	SINGLE FAMILY DWELLING, PLATTED LOT	$330,200	106 ft
646 LEXINGTON PKWY N	LORI M BALDWIN	SINGLE FAMILY DWELLING, PLATTED LOT	$245,700	130 ft
622 LEXINGTON PKWY N	KRISTINA A LAWSON	SINGLE FAMILY DWELLING, PLATTED LOT	$206,000	150 ft
1088 LAFOND AVE	REBECCA CONRIN	SINGLE FAMILY DWELLING, PLATTED LOT	$267,400	153 ft
1081 LAFOND AVE	KAREN J ALEXANDER	SINGLE FAMILY DWELLING, PLATTED LOT	$205,400	154 ft
1086 LAFOND AVE	PETER P NGUYEN	SINGLE FAMILY DWELLING, PLATTED LOT	$168,200	167 ft
656 LEXINGTON PKWY N	MARVIN L LINDO TR KATHLEEN E LINDO TR	TWO FAMILY DWELLING - UP/DWN	$260,700	178 ft

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.