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 2022 · Most recent: Dec 2022 (building permit)
DREAMERS LLC
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Dayton's Bluff Community Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 331
Residential — medium-density multi-unit housing (up to 5 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 3-story wood frame (5–12 units) benchmarks for 4,144 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 612 MENDOTA ST | PATRICK Y YANG | SINGLE FAMILY DWELLING, PLATTED LOT | $212,100 | 58 ft |
| 893 5TH ST E | PATRICK Y YANG | TWO FAMILY DWELLING - UP/DWN | $198,000 | 103 ft |
| 616 MENDOTA ST | TYLER YANG YING YANG | TWO FAMILY DWELLING - UP/DWN | $201,600 | 104 ft |
| 622 MENDOTA ST | CASTRO PROPERTIES LLC | TWO FAMILY DWELLING - UP/DWN | $349,400 | 142 ft |
| 600 MENDOTA ST | STEPHEN L MOWRY | APARTMENTS 7-19 RENTAL UNITS | $580,400 | 153 ft |
| 901 5TH ST E | CHOUATANG VANG BLIA YANG | TWO FAMILY DWELLING - UP/DWN | $230,100 | 161 ft |
| 894 5TH ST E | STEPHEN L MOWRY SANDRA L MOWRY | SINGLE FAMILY DWELLING, PLATTED LOT | $190,300 | 164 ft |
| 624 MENDOTA ST | UNI INC | TWO FAMILY DWELLING - UP/DWN | $215,400 | 180 ft |
| 898 5TH ST E | FRANKLIN D SANCHEZ | SINGLE FAMILY DWELLING, PLATTED LOT | $210,900 | 182 ft |
| 896 6TH ST E | NICHOLAS STRUNK EMMALEE STRUNK | SINGLE FAMILY DWELLING, PLATTED LOT | $268,000 | 201 ft |
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