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 Phalen Village 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 ↗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 Phalen Village 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.
4 permits on record since 2020 · $20K total declared value · Most recent: Oct 2022 (building permit)
DESIGNCRAFT CONSTRUCTION INC
Gregory A Jelen
GREAT PLAINS WINDOWS AND DOORS
Duane Benkowski INNOVATIVE STUCCO INC
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Greater East Side Community Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 317.02
Traditional Neighborhood 2 — moderate mixed-use corridor
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 |
|---|---|---|---|---|
| 1402 MARYLAND AVE E | JACOB WIECHMANN | SINGLE FAMILY DWELLING, PLATTED LOT | $213,800 | 59 ft |
| 1399 ROSE AVE E | C+M THOR PROPERTIES LLC | APARTMENTS 4-6 RENTAL UNITS | $446,900 | 157 ft |
| 1180 PROSPERITY AVE | PHALEN VILLAGE APARTMENTS LP | APARTMENTS 50-99 RENTAL UNITS | $13,938,700 | 162 ft |
| 1405 ROSE AVE E | C+M THOR PROPERTIES LLC | APARTMENTS 4-6 RENTAL UNITS | $428,400 | 168 ft |
| 1414 MARYLAND AVE E | HEALTHEAST | MEDICAL CLINIC | $2,682,300 | 179 ft |
| 1401 MARYLAND AVE E | ROSALIE Y CHAN TR | MEDIUM DETACHED RETAIL | $1,700,300 | 205 ft |
| 0 MARYLAND AVE E | ROSALIE Y CHAN TR | COMMERCIAL VACANT LAND | $111,800 | 219 ft |
| 0 MARYLAND AVE E | ROSALIE Y CHAN TR | COMMERCIAL VACANT LAND | $140,600 | 269 ft |
| 0 PHALEN BLVD | CITY OF ST PAUL | EXEMPT, VACANT LAND | $52,300 | 279 ft |
| 0 ETNA ST | ROSALIE Y CHAN TR | COMMERCIAL VACANT LAND | $84,100 | 291 ft |