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.
3 permits on record since 2017 · $8K total declared value · Most recent: May 2023 (elevating device)
SCHINDLER ELEVATOR CORPORATION
JOHNSON CONTROLS FIRE PROTECTION LP
AMERICAN INDEPENDENT REMODELERS LLC
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 5-over-1 podium (12–50 units) benchmarks for 58,406 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1421 PARK ST | YENG LOR | SINGLE FAMILY DWELLING, PLATTED LOT | $191,400 | 162 ft |
| 1427 PARK ST | YONG YANG NOU LINA KUE | SINGLE FAMILY DWELLING, PLATTED LOT | $305,400 | 167 ft |
| 1420 RICE ST | YIK CHI LO TR | RESTAURANT AND/OR BAR | $565,300 | 172 ft |
| 1413 PARK ST | PETER VANG | SINGLE FAMILY DWELLING, PLATTED LOT | $180,300 | 177 ft |
| 1409 PARK ST | DAGMAR W CHRISTENSEN | SINGLE FAMILY DWELLING, PLATTED LOT | $254,900 | 198 ft |
| 1405 PARK ST | JEANETTE M WYATT | SINGLE FAMILY DWELLING, PLATTED LOT | $184,300 | 223 ft |
| 96 ARLINGTON AVE W | SUI GENERIS LLC | APARTMENTS 7-19 RENTAL UNITS | $595,100 | 233 ft |
| 1440 RICE ST | MILMARKET PROPERTY LLC | CONVENIENCE STORE | $563,400 | 247 ft |
| 1399 PARK ST | ANGELA E RIOS RINCON ATAYDE RIOS RINCON | SINGLE FAMILY DWELLING, PLATTED LOT | $296,700 | 252 ft |
| 1396 RICE ST | TED AND LYNN LLC | MEDIUM DETACHED RETAIL | $2,191,100 | 282 ft |