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 ↗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.
1 permit on record since 2019 · Most recent: Jun 2019 (fire engineering)
JEFF ULRICH NASSEFF MECHANICAL
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
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 9,608 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 0 REANEY AVE | INDEPENDENT SCHOOL DIST 625 | EXEMPT, VACANT LAND | $35,000 | 96 ft |
| 0 REANEY AVE | INDEPENDENT SCHOOL DIST 625 | EXEMPT, VACANT LAND | $24,500 | 104 ft |
| 0 REANEY AVE | INDEPENDENT SCHOOL DIST 625 | EXEMPT, VACANT LAND | $35,000 | 136 ft |
| 0 BUSH AVE | ISD 625 | EXEMPT, VACANT LAND | $169,400 | 146 ft |
| 0 REANEY AVE | INDEPENDENT SCHOOL DIST 625 | EXEMPT, VACANT LAND | $24,500 | 153 ft |
| 0 BUSH AVE | INDEPENDENT SCHOOL DIST 625 | EXEMPT, VACANT LAND | $139,500 | 166 ft |
| 0 BUSH AVE | INDEPENDENT SCHOOL DIST 625 | EXEMPT, VACANT LAND | $35,500 | 199 ft |
| 1435 REANEY AVE | KAO SONG YANG ROY YANG | SINGLE FAMILY DWELLING, PLATTED LOT | $391,700 | 221 ft |
| 1387 REANEY AVE | KAO LEE XUEMEI VAJ | SINGLE FAMILY DWELLING, PLATTED LOT | $154,900 | 250 ft |
| 1440 BUSH AVE | LB EAST 7 ASSEMBLY LLC | RESIDENTIAL, VACANT LAND, LOT | $1,800 | 266 ft |