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.
1 permit on record since 2023 · $84K total declared value · Most recent: Jun 2023 (building permit)
SCHROEDER EXTERIORS 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 315
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 9,068 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 605 MINNEHAHA AVE E | ANGELA SCHUCH | SINGLE FAMILY DWELLING, PLATTED LOT | $184,800 | 89 ft |
| 579 MINNEHAHA AVE E | EBBS INVESTMENT | APARTMENTS 7-19 RENTAL UNITS | $1,440,000 | 128 ft |
| 607 MINNEHAHA AVE E | REYNA OCAMPO SANCHEZ | SINGLE FAMILY DWELLING, PLATTED LOT | $173,400 | 130 ft |
| 596 REANEY AVE | QUALITY RESIDENCES LLC | SINGLE FAMILY DWELLING, PLATTED LOT | $108,900 | 135 ft |
| 590 REANEY AVE | KHADAR MOHAMED MUNA BASHIR ABDISALAN | SINGLE FAMILY DWELLING, PLATTED LOT | $425,400 | 142 ft |
| 598 REANEY AVE | BEE VUE | SINGLE FAMILY DWELLING, PLATTED LOT | $214,000 | 143 ft |
| 719 PREBLE ST | BRIDGETT JOHNSON | SINGLE FAMILY DWELLING, PLATTED LOT | $234,600 | 150 ft |
| 600 REANEY AVE | DENNIS A ROTH | TWO FAMILY DWELLING - UP/DWN | $194,300 | 161 ft |
| 586 REANEY AVE | TI PROPERTIES LLC | APARTMENTS 4-6 RENTAL UNITS | $555,500 | 162 ft |
| 613 MINNEHAHA AVE E | CALVIN BURTON ANN T BURTON | SINGLE FAMILY DWELLING, PLATTED LOT | $177,600 | 167 ft |
Most Recent Sale