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 2022 · Most recent: Jun 2022 (building permit)
Patrick Nussbeck ASPEN CONTRACTING 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 — small-scale multi-unit housing (up to 4 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 2,090 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1025 COOK AVE E | LETICIA A CRUZ | SINGLE FAMILY DWELLING, PLATTED LOT | $227,700 | 39 ft |
| 1031 COOK AVE E | MARY ELLEN STUNKEL LANE WILLIAM STUNKEL | SINGLE FAMILY DWELLING, PLATTED LOT | $231,400 | 40 ft |
| 1021 COOK AVE E | FRIDA ALVAREZ | SINGLE FAMILY DWELLING, PLATTED LOT | $215,100 | 78 ft |
| 1035 COOK AVE E | EDWARD J SAROS JANET M SAROS | SINGLE FAMILY DWELLING, PLATTED LOT | $251,900 | 81 ft |
| 1017 COOK AVE E | DENISE KRIESEL | TWO FAMILY DWELLING - UP/DWN | $203,500 | 119 ft |
| 1039 COOK AVE E | TENG MOUA ROSE LEE XIONG | SINGLE FAMILY DWELLING, PLATTED LOT | $240,300 | 121 ft |
| 1028 MAGNOLIA AVE E | JOCELYN A MICKELSEN | SINGLE FAMILY DWELLING, PLATTED LOT | $197,000 | 146 ft |
| 1032 MAGNOLIA AVE E | ENG TAT NG | SINGLE FAMILY DWELLING, PLATTED LOT | $143,500 | 151 ft |
| 1011 COOK AVE E | DAT V NGUYEN | SINGLE FAMILY DWELLING, PLATTED LOT | $234,500 | 159 ft |
| 1045 COOK AVE E | WILLIAM B WONDERS | SINGLE FAMILY DWELLING, PLATTED LOT | $200,400 | 160 ft |