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 2017 · Most recent: Aug 2017 (building permit)
BELEZA SIDING INC
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Payne-Phalen District 5 Planning Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 316
Residential — medium-density multi-unit housing (up to 5 units)
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 small multifamily (2–4 units, wood frame) benchmarks for 2,055 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1248 MAGNOLIA AVE E | REBECCA L KORB | SINGLE FAMILY DWELLING, PLATTED LOT | $191,500 | 40 ft |
| 1250 MAGNOLIA AVE E | MARSHALL G HALVERSON | SINGLE FAMILY DWELLING, PLATTED LOT | $210,400 | 79 ft |
| 1236 MAGNOLIA AVE E | EDWARD T XIONG | SINGLE FAMILY DWELLING, PLATTED LOT | $213,200 | 97 ft |
| 1254 MAGNOLIA AVE E | LORI JOAN MARTIN | SINGLE FAMILY DWELLING, PLATTED LOT | $163,600 | 119 ft |
| 1239 COOK AVE E | KAELEN LANNERS | SINGLE FAMILY DWELLING, PLATTED LOT | $194,000 | 145 ft |
| 1245 COOK AVE E | MICHAEL JAMES NOVAK ANGELA CHRISTINE NOVAK | SINGLE FAMILY DWELLING, PLATTED LOT | $213,400 | 151 ft |
| 1232 MAGNOLIA AVE E | EDWARD T XIONG | SINGLE FAMILY DWELLING, PLATTED LOT | $202,300 | 154 ft |
| 1256 MAGNOLIA AVE E | JOHN MALONE AUDREY MALONE | SINGLE FAMILY DWELLING, PLATTED LOT | $200,300 | 158 ft |
| 1249 COOK AVE E | KHONG MENG MOUA | SINGLE FAMILY DWELLING, PLATTED LOT | $243,400 | 165 ft |
| 1057 ATLANTIC ST | ALLISON RANTANEN | SINGLE FAMILY DWELLING, PLATTED LOT | $223,100 | 175 ft |
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