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.
1 permit on record since 2023 · Most recent: Oct 2023 (building permit)
Jose Verdeja VERDE RESTORATIONS
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Southeast Community Organization · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 347.01
Residential — medium-density multi-unit housing (up to 5 units)
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 3-story wood frame (5–12 units) benchmarks for 17,900 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1824 3RD ST E | DANG T XIONG SARAH K LEE | SINGLE FAMILY DWELLING, PLATTED LOT | $229,500 | 94 ft |
| 1808 3RD ST E | THOMAS J OKEEFE | SINGLE FAMILY DWELLING, PLATTED LOT | $295,800 | 97 ft |
| 1800 3RD ST E | MICHAEL L MASTERS JR MEGHANN R MASTERS | SINGLE FAMILY DWELLING, PLATTED LOT | $291,900 | 177 ft |
| 1841 CONWAY ST | JESUS M FLORES CASTANEDA RUTH OLIVAR TORRES | SINGLE FAMILY DWELLING, PLATTED LOT | $286,200 | 228 ft |
| 520 VAN DYKE ST | IH2 PROPERTY BORROWER LP | SINGLE FAMILY DWELLING, PLATTED LOT | $338,400 | 234 ft |
| 1836 3RD ST E | JL CONSTRUCTION FINANCING LLC | SINGLE FAMILY DWELLING, PLATTED LOT | $211,800 | 249 ft |
| 475 VAN DYKE ST | SHEILA M BELL | SINGLE FAMILY DWELLING, PLATTED LOT | $328,900 | 255 ft |
| 1845 CONWAY ST | REBECCA LYNN HEIMBUCK | SINGLE FAMILY DWELLING, PLATTED LOT | $282,600 | 282 ft |
| 1816 CONWAY ST | JONATHAN FRISCH | SINGLE FAMILY DWELLING, PLATTED LOT | $298,900 | 310 ft |
| 1846 3RD ST E | VIRGINIA M DODDS | SINGLE FAMILY DWELLING, PLATTED LOT | $248,700 | 314 ft |
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