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.
4 permits on record since 2022 · $37K total declared value · Most recent: Mar 2025 (building permit)
K S Lee Properties Llc
K S Lee Properties Llc
South Side Electric Inc
XAY CHU YANG HEU RHINEX CONTRACTOR 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
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 |
|---|---|---|---|---|
| 976 ARCADE ST | MARK P ALBRECHT | APARTMENTS 7-19 RENTAL UNITS | $558,600 | 56 ft |
| 832 JENKS AVE | NENGHUE MOUA TA LE | COMMERCIAL VACANT LAND | $30,900 | 61 ft |
| 834 JENKS AVE | KOUA LEE | SINGLE FAMILY DWELLING, PLATTED LOT | $178,900 | 99 ft |
| 838 JENKS AVE | MARIAN PHYLLIS LAYER ROGER SHERMAN LAYER | SINGLE FAMILY DWELLING, PLATTED LOT | $208,300 | 139 ft |
| 989 ARCADE ST | ST PAUL LAUNDROMATS LLC | SMALL (UNDER 10,000 SF) DET. RETAIL | $240,800 | 141 ft |
| 979 ARCADE ST | ST PAUL LAUNDROMATS LLC | SMALL (UNDER 10,000 SF) DET. RETAIL | $592,900 | 150 ft |
| 974 ARCADE ST | CHI NGUYEN PHUNG | IND WAREHOUSE | $521,000 | 153 ft |
| 992 ARCADE ST | NENGHUE MOUA TA LE | MIXED RESID/COMMERCIAL | $914,400 | 155 ft |
| 971 ARCADE ST | GAOLAI LEE | SMALL (UNDER 10,000 SF) DET. RETAIL | $258,600 | 159 ft |
| 962 ARCADE ST | DONG H PHUNG CHI P NGUYEN | MIXED RESID/COMMERCIAL | $554,900 | 172 ft |