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.
15 permits on record since 2019 · $266K total declared value · Most recent: Sep 2023 (building permit)
RESTORATION PROFESSIONALS
PERFECTION HTG & A/C
PERFECTION HTG & A/C
RICHARD PETERSON CITIES 1 PLUMBING AND HEATING INC
RICHARD PETERSON CITIES 1 PLUMBING AND HEATING INC
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
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 50,049 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 412 HAZEL ST N | LOU LEE | SINGLE FAMILY DWELLING, PLATTED LOT | $469,200 | 221 ft |
| 408 HAZEL ST N | MARIA S M SERRA JEROME B SERRA | SINGLE FAMILY DWELLING, PLATTED LOT | $200,900 | 277 ft |
| 1922 WILSON AVE | PHILLIP ROBERT HONG TR MIMI MUI HONG TR | APARTMENTS 7-19 RENTAL UNITS | $2,049,600 | 310 ft |
| 404 HAZEL ST N | MARK B ERICKSON SHAWN A ERICKSON | SINGLE FAMILY DWELLING, PLATTED LOT | $258,600 | 324 ft |
| 1885 WILSON AVE | RIDGEWOOD APTS INC | APARTMENTS 50-99 RENTAL UNITS | $4,362,300 | 336 ft |
| 411 HAZEL ST N | JENNA I VEACH MELVIN VEACH | SINGLE FAMILY DWELLING, PLATTED LOT | $236,600 | 351 ft |
| 400 HAZEL ST N | HERBERT J PAWLITSCHEK | SINGLE FAMILY DWELLING, PLATTED LOT | $280,900 | 363 ft |
| 1935 WILSON AVE | VAILWOOD LLC | APT OR COMPLEX 100+ UNITS | $10,631,800 | 370 ft |
| 405 HAZEL ST N | PHENG LEE PA XIONG | SINGLE FAMILY DWELLING, PLATTED LOT | $359,300 | 390 ft |
| 396 HAZEL ST N | PAUL M BOEHNE | SINGLE FAMILY DWELLING, PLATTED LOT | $261,500 | 403 ft |
Most Recent Sale