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 ↗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.
6 permits on record since 2015 · $58K total declared value · Most recent: Oct 2022 (elevating device)
ALL CITY ELEVATOR INC
NORWOOD ELECTRIC INC
William Tomczak NORDEAST ELECTRIC INC
Hitec Electric Inc
Hitec Electric Inc
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 12,108 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1618 CHARLES AVE | CHARLES AVE PROPERTIES LLC | APARTMENTS 7-19 RENTAL UNITS | $1,397,100 | 122 ft |
| 1625 SHERBURNE AVE | 1617-1625 SHERBURNE AVE LLC | APARTMENTS 7-19 RENTAL UNITS | $968,900 | 147 ft |
| 1635 SHERBURNE AVE | WAYNE V SWANSON | APARTMENTS 7-19 RENTAL UNITS | $946,700 | 148 ft |
| 1642 CHARLES AVE | PROFESSIONAL R E MGMT LLC | APARTMENTS 7-19 RENTAL UNITS | $1,426,900 | 183 ft |
| 1617 SHERBURNE AVE | 1617-1625 SHERBURNE AVE LLC | APARTMENTS 7-19 RENTAL UNITS | $1,022,000 | 185 ft |
| 1631 CHARLES AVE | OSADCHUK PROPERTIES 1631C LLC | APARTMENTS 7-19 RENTAL UNITS | $1,153,200 | 189 ft |
| 1610 CHARLES AVE | SHBC HOLDINGS LLC | APARTMENTS 7-19 RENTAL UNITS | $1,090,600 | 190 ft |
| 1639 CHARLES AVE | SETH B COBIN | SINGLE FAMILY DWELLING, PLATTED LOT | $398,700 | 199 ft |
| 1617 CHARLES AVE | BHP-CHARLES LLC | APARTMENTS 7-19 RENTAL UNITS | $607,200 | 209 ft |
| 1648 CHARLES AVE | NCK III LLC | APARTMENTS 7-19 RENTAL UNITS | $1,372,000 | 239 ft |