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.
No permits found in Saint Paul open data for this parcel.
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
Multi-family Residential 1 — low-intensity apartment (3 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 17,978 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1500 MAGNOLIA AVE E | ELDERS LODGE CORPORATION | APARTMENTS 20-49 RENTAL UNITS | $4,894,500 | 117 ft |
| 0 BARCLAY ST | MAY XIONG HLEE XIONG MOUA | RESIDENTIAL, VACANT LAND, LOT | $35,000 | 207 ft |
| 0 MAGNOLIA AVE E | HOUSING AND REDEV AUTHORITY | RESID/EXEMPT VACANT LAND | $135,900 | 235 ft |
| 1500 MAGNOLIA AVE E | ELDERS LODGE CORPORATION | APARTMENT VACANT LAND | $85,000 | 240 ft |
| 1471 MECHANIC AVE | HRA CITY OF ST PAUL | RESID/EXEMPT VACANT LAND | $135,900 | 255 ft |
| 1469 MAGNOLIA AVE | RYAN M SETTERSTROM JENNIFER R SETTERSTROM | TOWNHOME - TICO | $231,500 | 305 ft |
| 1473 MAGNOLIA AVE | DEREJE F DABA | TOWNHOME - TICO | $231,500 | 305 ft |
| 1465 MAGNOLIA AVE | MEGAN JUNE SCHEIBE | TOWNHOME - TICO | $232,500 | 305 ft |
| 1467 MAGNOLIA AVE | CRYSTAL NICKLES | TOWNHOME - TICO | $231,500 | 305 ft |
| 1471 MAGNOLIA AVE | DANIEL GAUPP | TOWNHOME - TICO | $231,500 | 305 ft |
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