Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the North Snelling Avenue Commercial Vitality Zone — one of five Saint Paul corridors receiving ~$750K/year in dedicated sales tax investment for business development, façade improvements, and streetscape enhancements.
Saint Paul — Commercial Vitality 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 ↗The North Snelling Avenue corridor receives dedicated CVZ funding (~$750K/year across all zones) for business recruitment, façade improvements, and public space enhancements. Contact Saint Paul PED for current grant cycles.
Saint Paul — Commercial Vitality Zones ↗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.
2 permits on record since 2015 · $14K total declared value · Most recent: May 2024 (building permit)
Matthew Ecklund Terra Construction
Hamline Univ Of Mn Trustees
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Hamline Midway Coalition · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 321
Traditional Neighborhood 2 — moderate mixed-use corridor
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 |
|---|---|---|---|---|
| 851 SNELLING AVE N | PAQUITO F MELENDEZ | TWO FAMILY DWELLING - UP/DWN | $361,400 | 75 ft |
| 1593 HEWITT AVE | PEOPLE INCORPORATED | RES/EXEMPT SINGLE FAMILY DWELLING | $652,700 | 122 ft |
| 861 SNELLING AVE N | PAQUITO F MELENDEZ | TWO FAMILY DWELLING - UP/DWN | $369,700 | 124 ft |
| 865 SNELLING AVE N | HAMLINE PROPERTY ONE LLC | TWO FAMILY DWELLING - SIDE/SIDE | $362,200 | 174 ft |
| 1607 HEWITT AVE | H AND S INVESTMENTS OF ST PAUL LLC | APARTMENTS 4-6 RENTAL UNITS | $670,900 | 194 ft |
| 833 SNELLING AVE N | HAMLINE UNIV OF MN TR | EXEMPT PROP. OWNED BY PRIVATE SCHOOL | $396,600 | 201 ft |
| 871 SNELLING AVE N 2 | FRANCIS W CROWLEY | THREE FAMILY DWELLING, PLATTED LOT | $358,700 | 223 ft |
| 1596 TAYLOR AVE | FRANCIS CROWLEY | TWO RESIDENCES ON ONE PARCEL | $261,000 | 232 ft |
| 1613 HEWITT AVE | BRIAN K OLIVIER | SINGLE FAMILY DWELLING, PLATTED LOT | $256,800 | 238 ft |
| 1600 TAYLOR AVE | TONY P MUSSI FRANK W CROWLEY | SINGLE FAMILY DWELLING, PLATTED LOT | $251,600 | 256 ft |