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.
2 permits on record since 2018 · $3K total declared value · Most recent: Jun 2025 (electrical)
Brian Lyons Electric, Fire & Security
ABELS CONCRETE AND CONSTRUCTION
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
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 18,760 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1637 MINNEHAHA AVE W | MAXINE L CARLSON | SINGLE FAMILY DWELLING, PLATTED LOT | $222,600 | 123 ft |
| 748 FRY ST | GARY E CARLSON | THREE FAMILY DWELLING, PLATTED LOT | $405,600 | 130 ft |
| 738 FRY ST | MARIA LYNN KANGAS | THREE FAMILY DWELLING, PLATTED LOT | $390,200 | 131 ft |
| 1605 MINNEHAHA AVE W | MCCLURKEN INC | APARTMENTS 20-49 RENTAL UNITS | $3,110,600 | 179 ft |
| 1620 ENGLEWOOD AVE | LAKEARMEY | SINGLE FAMILY DWELLING, PLATTED LOT | $266,600 | 185 ft |
| 1622 ENGLEWOOD AVE | LAKEARMEY | SINGLE FAMILY DWELLING, PLATTED LOT | $236,000 | 201 ft |
| 1626 ENGLEWOOD AVE | DEAN A CARLSON | APARTMENTS 4-6 RENTAL UNITS | $518,800 | 207 ft |
| 1632 ENGLEWOOD AVE | BENJAMIN KLISE ANGELA SAMPERS | TWO FAMILY DWELLING - UP/DWN | $346,800 | 219 ft |
| 1622 MINNEHAHA AVE W | SPENCER W PERRON | APARTMENTS 4-6 RENTAL UNITS | $711,200 | 233 ft |
| 1626 MINNEHAHA AVE W | JOSEPH P WILLIAMS | SINGLE FAMILY DWELLING, PLATTED LOT | $291,300 | 234 ft |
Most Recent Sale