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 ↗Signals are based on public datasets; program eligibility requires verification.
1 permit on record since 2021 · $1K total declared value · Most recent: Nov 2021 (warm air, ventilation & general sheet)
Troy Olson MN SUPERIOR EXTERIORS
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Payne-Phalen District 5 Planning Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 306.01
Residential — small-scale multi-unit housing (up to 4 units)
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 small multifamily (2–4 units, wood frame) benchmarks for 12,535 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 491 WHEELOCK PKWY E | ZACHARY PEARCE BRAMEL | TWO FAMILY DWELLING - UP/DWN | $386,500 | 79 ft |
| 514 HOYT AVE E | 514 HOYT AVE E LLC | RESIDENTIAL, VACANT LAND, LOT | $35,000 | 97 ft |
| 505 WHEELOCK PKWY E | 505 LLC | APARTMENTS 4-6 RENTAL UNITS | $461,300 | 110 ft |
| 504 HOYT AVE E | INTERNATIONAL HOME AND OFFICE LLC | TWO FAMILY DWELLING - SIDE/SIDE | $378,800 | 112 ft |
| 522 HOYT AVE E | TROY EDWARDS | SINGLE FAMILY DWELLING, PLATTED LOT | $310,300 | 151 ft |
| 498 HOYT AVE E | PAO HER | SINGLE FAMILY DWELLING, PLATTED LOT | $297,000 | 164 ft |
| 525 WHEELOCK PKWY E | MARK ADAIR PETERSON II MARIYA ISHKOVA | SINGLE FAMILY DWELLING, PLATTED LOT | $287,600 | 191 ft |
| 530 HOYT AVE E | LYDIA FOLTZ SAM FOLTZ | TWO FAMILY DWELLING - SIDE/SIDE | $316,000 | 217 ft |
| 511 HOYT AVE E | PATRICK D MACAULAY DONNA M MACAULAY | SINGLE FAMILY DWELLING, PLATTED LOT | $289,200 | 241 ft |
| 505 HOYT AVE E | MELISSA PADRA XIONG | SHORT TERM RENTAL | $304,100 | 249 ft |
Most Recent Sale