Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Rice and Larpenteur Commercial Vitality Zone — one of five Saint Paul corridors receiving ~$750K/year in dedicated sales tax investment for business development, façade improvements, and streetscape enhancements.
Saint Paul — Commercial Vitality 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 ↗The Rice and Larpenteur corridor receives dedicated CVZ funding (~$750K/year across all zones) for business recruitment, façade improvements, and public space enhancements. Contact Saint Paul PED for current grant cycles.
Saint Paul — Commercial Vitality Zones ↗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.
1 permit on record since 2015 · Most recent: Dec 2015 (building permit)
RITE-WAY WATERPROOFING
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
North End Neighborhood Organization · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 305
Multi-family Residential 2 — medium-intensity apartment (5 stories max)
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on 3-story wood frame (5–12 units) benchmarks for 7,875 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 118 LARPENTEUR AVE W | CUONG PHAM | SINGLE FAMILY DWELLING, PLATTED LOT | $184,300 | 80 ft |
| 104 LARPENTEUR AVE W | ANGELA C BURTON | SINGLE FAMILY DWELLING, PLATTED LOT | $240,500 | 82 ft |
| 94 LARPENTEUR AVE W | TANYA THUY WYNN CHRISTOPHER W HORGEN | SINGLE FAMILY DWELLING, PLATTED LOT | $188,900 | 163 ft |
| 1672 RICE ST | MARVIN DEVELOPMENT III LLC | DRIVE-IN REST/FOOD SRV FACILITY | $1,171,700 | 226 ft |
| 99 CALIFORNIA AVE W | ALDRICH FRANKLIN APTS LLC | APT OR COMPLEX 100+ UNITS | $10,141,000 | 280 ft |
| 1700 RICE ST N | EJA TRUST-MAPLEWOOD LLC | NEIGHBORHOOD SHOPPING CENTER | $9,974,000 | 286 ft |
| 1654 RICE ST | DAVID ALLIE LORI ALLIE | OFFICE BUILDING 1-2 STORIES | $574,700 | 288 ft |
| 1698 RICE ST N | EJA TRUST-MAPLEWOOD LLC | DRIVE-IN REST/FOOD SRV FACILITY | $755,100 | 300 ft |
| 0 CALIFORNIA AVE W | RICHARD A DEFOE | COMMERCIAL VACANT LAND | $99,800 | 345 ft |
| 0 RICE ST N | EJA TRUST-MAPLEWOOD LLC | COMMERCIAL VACANT LAND | $37,800 | 351 ft |
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