Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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.
4 permits on record since 2020 · $802 total declared value · Most recent: Oct 2021 (mechanical)
Jake Schanus LAKES GAS CO
Theresa Diviine REBEL ELECTRIC LLC
Jake Schanus LAKES GAS CO
RACHEL CONTRACTING LLC
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 319
Traditional Neighborhood 4 — high-intensity mixed-use
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 |
|---|---|---|---|---|
| 1835 UNIVERSITY AVE W | 1825 UNIVERSITY LIMITED PARTNERSHIP | APARTMENT VACANT LAND | $54,900 | 61 ft |
| 1837 UNIVERSITY AVE W | 1825 UNIVERSITY LIMITED PARTNERSHIP | APARTMENT VACANT LAND | $55,200 | 110 ft |
| 1841 UNIVERSITY AVE W | 1825 UNIVERSITY LIMITED PARTNERSHIP | APARTMENT VACANT LAND | $47,900 | 155 ft |
| 0 FAIRVIEW AVE N | GRIGGS MIDWAY BUILDING CORP | COMMERCIAL VACANT LAND | $472,400 | 193 ft |
| 1845 UNIVERSITY AVE W | 1825 UNIVERSITY LIMITED PARTNERSHIP | APT OR COMPLEX 100+ UNITS | $60,032,900 | 195 ft |
| 1849 UNIVERSITY AVE W | 1825 UNIVERSITY LIMITED PARTNERSHIP | APARTMENT VACANT LAND | $56,800 | 237 ft |
| 1830 UNIVERSITY AVE W UNIT 1 | SEABURY | ASSISTED LIVING APT COMPLEX | $5,798,100 | 252 ft |
| 0 CHARLES AVE | GRIGGS MIDWAY BUILDING CORP | COMMERCIAL VACANT LAND | $207,100 | 265 ft |
| 0 UNIVERSITY AVE W | 1825 UNIVERSITY LIMITED PARTNERSHIP | APARTMENT VACANT LAND | $84,400 | 297 ft |
| 1840 UNIVERSITY AVE W UNIT 2 | CORNELIA HOUSE | APARTMENTS 20-49 RENTAL UNITS | $6,051,200 | 362 ft |