0 IGLEHART AVE

PID: 362923340012· 3 fields stubbed (see below)

Property Overview

Parcel ID362923340012

Lot Size16,988 sq ft (0.340 ac)

Lot Dimensions (est.)113 ft wide × 151 ft deep

Year Built—(stub)

Property ClassAPARTMENT VACANT LAND

OwnerLIBERTY PLAZA LTD PARTNERSHIP

Assessed Value$135,600

Land Value$135,600

Building Value$0

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 ↗

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Saint Paul — 4d Affordable Housing Incentive ↗

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

Summit-University Planning Council · Saint Paul

Median reported rent820/mo

Renter-occupied80.4%

Median home value$293K

Vacancy rate3.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 336

Zoning

RM2Medium-Density Multiple-Family Residential

Multi-family Residential 2 — medium-intensity apartment (5 stories max)

Typical Uses

·Mid-rise apartments
·Condominiums
·Assisted living
·Nursing homes

Max Height50 ft

Min Setbacks

Front

25 ft

Side

9 ft

Rear

25 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width103 ft

Buildable depth111 ft

Area~5,501 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 5,501 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
431 MARSHALL AVE	LIBERTY PLAZA LTD PARTNERSHIP	APARTMENTS 20-49 RENTAL UNITS	$2,312,400	110 ft
444 IGLEHART AVE	DAT TIEN VU	APARTMENTS 4-6 RENTAL UNITS	$653,100	159 ft
447 MARSHALL AVE 2	MARK ZITZEWITZ TIFFANY ZITZEWITZ	CONDO	$232,200	200 ft
447 MARSHALL AVE 3	BRENTT A FLAMMANG	CONDO	$236,600	200 ft
447 MARSHALL AVE 1	LAURA ANN HAGE	CONDO	$232,200	200 ft
447 MARSHALL AVE 4	ALISON HEEBSH	CONDO	$236,600	200 ft
447 MARSHALL AVE 5	BRANDON FOSTER	CONDO	$261,400	200 ft
447 MARSHALL AVE 6	ANNA L. BECHTOLD	CONDO	$236,600	200 ft
448 IGLEHART AVE 1	JACOB WALLS JADE M TITTLE	CONDO	$294,300	218 ft
450 IGLEHART AVE 2	ELIZABETH J REED	CONDO	$233,700	218 ft

Property History

Most Recent Sale

Date2001-12-18

Price$1,392,739

Type—

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount, yearBuilt. See README for details on which sources are live vs. stubbed.