Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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 ↗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 ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.
Metro Council — Environmental Response Fund ↗Signals are based on public datasets; program eligibility requires verification.
17 permits on record since 2024 · $24.7M total declared value · Most recent: Feb 2025 (mechanical)
KRISTEN OLSON MAJOR MECHANICAL LLC
KRISTEN OLSON MAJOR MECHANICAL LLC
RYAN JOHNSON SPECTRUM SIGN SYSTEMS INC
David Vertin Ver-tech Inc
KRISTEN OLSON MAJOR MECHANICAL LLC
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Union Park District Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 334
Traditional Neighborhood 3 — medium-intensity mixed-use
Most Recent Sale
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1619 DAYTON AVE | V V PROPERTY LLC | OFFICE BUILDING 1-2 STORIES | $3,544,300 | 147 ft |
| 1596 MARSHALL AVE | SNELLING & MARSHALL LLC | COMMERCIAL VACANT LAND | $91,700 | 167 ft |
| 1630 MARSHALL AVE | HEALTHY SPACES 1 LLC | APARTMENTS 7-19 RENTAL UNITS | $1,087,300 | 215 ft |
| 1611 MARSHALL AVE | ROOSEVELT INVESTMENTS LLC | APARTMENTS 7-19 RENTAL UNITS | $1,934,300 | 217 ft |
| 1605 MARSHALL AVE | 1605 MARSHALL STP LLC | APARTMENTS 7-19 RENTAL UNITS | $1,259,800 | 229 ft |
| 1625 MARSHALL AVE | GRAND INVESTMENTS LLC | APARTMENTS 7-19 RENTAL UNITS | $3,974,600 | 230 ft |
| 1595 DAYTON AVE | MICHAEL A OSTERMAN TR | AUTOMOTIVE SERVICE STATION | $417,600 | 233 ft |
| 0 MARSHALL AVE | MATTAINI & BULACH PROPERTIES LLC | APARTMENT VACANT LAND | $17,100 | 256 ft |
| 1634 MARSHALL AVE | RUNYON PROPERTIES, LLC | TWO FAMILY DWELLING - UP/DWN | $402,000 | 260 ft |
| 229 SNELLING AVE N | MICHAEL OSTERMAN TR | AUTOMOTIVE SERVICE STATION | $820,200 | 268 ft |