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.
1 permit on record since 2024 · $2K total declared value · Most recent: Mar 2024 (mechanical)
JOHN FISSEL AAZTEC HEATING & AIR CONDITIONING
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 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 5-over-1 podium (12–50 units) benchmarks for 8,690 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1330 7TH ST E | RAKINIKA PROPERTIES LLC | SINGLE FAMILY DWELLING, PLATTED LOT | $300,800 | 93 ft |
| 1341 ROSS AVE | TAMMI JO TIMM | SINGLE FAMILY DWELLING, PLATTED LOT | $208,200 | 116 ft |
| 1324 7TH ST E | FRONK REAL ESTATE LLC | SINGLE FAMILY DWELLING, PLATTED LOT | $191,900 | 134 ft |
| 1337 ROSS AVE | SY VAY GER VANG MAI LOR | SINGLE FAMILY DWELLING, PLATTED LOT | $203,500 | 136 ft |
| 1345 ROSS AVE | JUAN M MENDEZ ARMANDINA MENDEZ | SINGLE FAMILY DWELLING, PLATTED LOT | $277,800 | 137 ft |
| 1356 7TH ST E | LOR PROPERTY GROUP LLC | OFFICE BUILDING 1-2 STORIES | $187,400 | 192 ft |
| 1331 7TH ST E | TERESITA HERNANDEZ | SINGLE FAMILY DWELLING, PLATTED LOT | $222,100 | 201 ft |
| 1327 7TH ST E | XIA YANG | SINGLE FAMILY DWELLING, PLATTED LOT | $166,800 | 205 ft |
| 1335 7TH ST E | CHIA P VUE XAO LEE VUE | SINGLE FAMILY DWELLING, PLATTED LOT | $227,400 | 209 ft |
| 1349 ROSS AVE | ALMA VAZQUEZ JOSE VAZQUEZ | SINGLE FAMILY DWELLING, PLATTED LOT | $223,500 | 210 ft |
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