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.
3 permits on record since 2015 · $5K total declared value · Most recent: Feb 2023 (electrical)
Steven Bannister ATLANTIC ELECTRIC LLC
Electric St Paul MR ELECTRIC OF ST PAUL
Renae C Reed
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
Most Recent Sale
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 |
|---|---|---|---|---|
| 613 SNELLING AVE N | 613 SNELLING AVE N LLC | TWO FAMILY DWELLING - UP/DWN | $293,500 | 37 ft |
| 605 SNELLING AVE N | SAJID TERZIC VESNA TERZIC | TWO FAMILY DWELLING - UP/DWN | $275,800 | 37 ft |
| 619 SNELLING AVE N | JAX RENTAL PROPERTIES LLC | THREE FAMILY DWELLING, PLATTED LOT | $692,000 | 74 ft |
| 603 SNELLING AVE N | XAI C YANG | SINGLE FAMILY DWELLING, PLATTED LOT | $312,700 | 74 ft |
| 1595 THOMAS AVE | TERRY L GLANZ | SINGLE FAMILY DWELLING, PLATTED LOT | $222,100 | 99 ft |
| 625 SNELLING AVE N | J A X PROPERTY MANAGEMENT LLC | MIXED RESID/COMMERCIAL | $729,300 | 111 ft |
| 1599 THOMAS AVE | EMILIE FROH | SINGLE FAMILY DWELLING, PLATTED LOT | $300,500 | 138 ft |
| 1594 LAFOND AVE | JENNIFER HADLEY DUSTIN HADLEY | SINGLE FAMILY DWELLING, PLATTED LOT | $266,800 | 142 ft |
| 629 SNELLING AVE N | CAROL A HOLT TR | SINGLE FAMILY DWELLING, PLATTED LOT | $231,000 | 148 ft |
| 1600 LAFOND AVE | CLAIRE H PRESS | SINGLE FAMILY DWELLING, PLATTED LOT | $367,200 | 171 ft |