404 CHARLES AVE

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PID: 362923240057· 2 fields stubbed (see below)

Property Overview

Parcel ID362923240057

Lot Size4,792 sq ft (0.110 ac)

Lot Dimensions (est.)38 ft wide × 120 ft deep

Year Built1885

Property ClassRES/EXEMPT SINGLE FAMILY DWELLING

OwnerFREEDOM PLACE INC

Assessed Value$168,300

Land Value$25,000

Building Value$143,300

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsUnknown

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 rent1,185/mo

Renter-occupied47.6%

Median home value$154K

Vacancy rate14.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 326

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 width28 ft

Buildable depth100 ft

Area~2,059 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 2,059 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
410 CHARLES AVE	GINA RANNEY	SINGLE FAMILY DWELLING, PLATTED LOT	$203,400	40 ft
402 CHARLES AVE	DONNA M HANDSON	SINGLE FAMILY DWELLING, PLATTED LOT	$207,500	40 ft
416 CHARLES AVE	ANDY GOKE	TWO FAMILY DWELLING - UP/DWN	$213,300	80 ft
400 CHARLES AVE	BRIAN CHEN	TWO FAMILY DWELLING - UP/DWN	$317,900	80 ft
418 CHARLES AVE	TWANA L WILLIAMS	SINGLE FAMILY DWELLING, PLATTED LOT	$221,200	119 ft
392 CHARLES AVE	EVELYN M FOSTER	TWO FAMILY DWELLING - UP/DWN	$218,700	119 ft
407 SHERBURNE AVE	ABDIWALI DHAMUKE UBAH ALI	SINGLE FAMILY DWELLING, PLATTED LOT	$292,400	137 ft
401 SHERBURNE AVE	SUSAN SANCHEZ DIEGO SANCHEZ LOPEZ	SINGLE FAMILY DWELLING, PLATTED LOT	$165,700	142 ft
411 SHERBURNE AVE	TINA SIMMONS	SINGLE FAMILY DWELLING, PLATTED LOT	$261,100	143 ft
397 SHERBURNE AVE	S&R CONSULTING LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$194,100	158 ft

Property History

Most Recent Sale

Date2000-05-05

Price$47,000

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.