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.
13 permits on record since 2022 · $2.3M total declared value · Most recent: Apr 2023 (warm air, ventilation & general sheet)
Kailyn Carson RAYCO CONSTRUCTION INC
TRU INDUSTRIES INC
CHARLES WORMS COOL AIR MECHANICAL, INC.
ESCAPE FIRE PROTECTION
CHARLES WORMS COOL AIR MECHANICAL, INC.
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 |
|---|---|---|---|---|
| 1525 MARSHALL AVE | 1515 MARSHALL LLC | APARTMENTS 7-19 RENTAL UNITS | $1,884,300 | 60 ft |
| 1509 MARSHALL AVE | NORTH AMERICAN QOF LLC | APARTMENTS 50-99 RENTAL UNITS | $10,912,700 | 130 ft |
| 1516 IGLEHART AVE | CLAIRE ELIZABETH JOHNSTON | SINGLE FAMILY DWELLING, PLATTED LOT | $325,000 | 133 ft |
| 1520 IGLEHART AVE | ADAM PROPERTIES LLC | SINGLE FAMILY DWELLING, PLATTED LOT | $351,700 | 135 ft |
| 1514 IGLEHART AVE | MICHAEL J SCOTT DENISE M SCOTT | SINGLE FAMILY DWELLING, PLATTED LOT | $230,800 | 146 ft |
| 1524 IGLEHART AVE | SEAN P KRUMMEL | SINGLE FAMILY DWELLING, PLATTED LOT | $274,000 | 149 ft |
| 1535 MARSHALL AVE | JOHN G NAKASONE | IND WAREHOUSE | $907,800 | 165 ft |
| 1506 IGLEHART AVE | JENNIFER LYNN BISHOP | TWO FAMILY DWELLING - UP/DWN | $306,000 | 171 ft |
| 1528 IGLEHART AVE 3 | MATTHEW WUNDERLICH | APARTMENTS 4-6 RENTAL UNITS | $610,300 | 171 ft |
| 1532 IGLEHART AVE | STEFANI NEUBECK | SINGLE FAMILY DWELLING, PLATTED LOT | $251,800 | 199 ft |