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.
2 permits on record since 2024 · $30K total declared value · Most recent: May 2024 (electrical)
MIDBROD ELECTRIC INC
PURE MECHANICAL LLC
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Union Park District Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 334
Traditional Neighborhood 3 — medium-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 |
|---|---|---|---|---|
| 451 ALDINE ST | HEALTHEAST ST JOHNS HOSPITAL | OTHER COMMERCIAL STRUCTURE | $322,800 | 126 ft |
| 428 HERSCHEL ST | WILLIAM L SHINN JR ANDREA D SUCHY SHINN | THREE FAMILY DWELLING, PLATTED LOT | $485,100 | 143 ft |
| 432 HERSCHEL ST | ANTHONY MANFREDI LISA NELSON | SINGLE FAMILY DWELLING, PLATTED LOT | $379,900 | 144 ft |
| 434 HERSCHEL ST | RD LLC | TWO FAMILY DWELLING - UP/DWN | $297,900 | 156 ft |
| 444 HERSCHEL ST | JEFFREY F BUDIN TR ERIN M BUDIN TR | TWO FAMILY DWELLING - UP/DWN | $314,200 | 176 ft |
| 420 HERSCHEL ST | SEAK KEE CHEW NOELLE MARIE CHEW | APARTMENTS 4-6 RENTAL UNITS | $465,900 | 194 ft |
| 446 HERSCHEL ST | NADIA EFFENDI MIGUEL BRISENO | SINGLE FAMILY DWELLING, PLATTED LOT | $406,500 | 203 ft |
| 416 HERSCHEL ST | AARON ENGLER ARIEL ENGLER | SINGLE FAMILY DWELLING, PLATTED LOT | $444,200 | 224 ft |
| 0 ALDINE ST | TWIN TOWN ACQUISITION LLC | OTHER COMMERCIAL STRUCTURE | $79,100 | 226 ft |
| 450 HERSCHEL ST | JEREMY J KOLB | SINGLE FAMILY DWELLING, PLATTED LOT | $359,900 | 235 ft |