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.
9 permits on record since 2017 · $22K total declared value · Most recent: May 2025 (building permit)
BRIAN McCONNELL CC: CHRIS HUGHES WALKER ROOFING COMPANY
JOHN L WRIGHT HOME DEPOT USA INC
City View Properties
American Electric Inc
1595 Rice Street 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 304
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 3,958 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1599 RICE ST | SERNEE LLC | APARTMENTS 4-6 RENTAL UNITS | $683,000 | 81 ft |
| 1585 RICE ST | 1585 RICE LLC | APARTMENTS 7-19 RENTAL UNITS | $1,473,800 | 88 ft |
| 1594 ALBEMARLE ST | ESEYAS N TESFAMARYAM | SINGLE FAMILY DWELLING, PLATTED LOT | $271,800 | 143 ft |
| 1604 ALBEMARLE ST | ARTHUR E THOM INC | SINGLE FAMILY DWELLING, PLATTED LOT | $185,300 | 158 ft |
| 0 ALBEMARLE ST | SAPID IMPRESSIONS LLC | RESIDENTIAL, VACANT LAND, LOT | $21,800 | 160 ft |
| 1609 RICE ST | TAFTAF RESTAURANTS LLC | RESTAURANT AND/OR BAR | $447,000 | 164 ft |
| 1578 ALBEMARLE ST | KATHARINE ENGDAHL MARTIN LYNCH | SINGLE FAMILY DWELLING, PLATTED LOT | $272,900 | 184 ft |
| 1610 ALBEMARLE ST | M&L PROPERTIES SAINT PAUL LLC | APARTMENTS 7-19 RENTAL UNITS | $769,700 | 213 ft |
| 0 RICE ST | LAKELAND PROPERTY, LLC | COMMERCIAL VACANT LAND | $36,700 | 218 ft |
| 1571 RICE ST | JOAN STROMMER JEAN STROMMER | SINGLE FAMILY DWELLING, PLATTED LOT | $231,500 | 219 ft |
Most Recent Sale