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 2020 · $43K total declared value · Most recent: Apr 2021 (building permit)
CAPITAL IMPROVEMENT LLC
CAPITAL IMPROVEMENT LLC
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 60,067 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1871 WILSON AVE | RIDGEWOOD APTS INC | APARTMENTS 50-99 RENTAL UNITS | $4,361,200 | 148 ft |
| 1905 WILSON AVE | PHALEN APARTMENTS LLC | APARTMENTS 20-49 RENTAL UNITS | $3,572,300 | 336 ft |
| 1868 CONWAY ST | PARK AVENUE LOFTS LLC | SINGLE FAMILY DWELLING, PLATTED LOT | $378,000 | 348 ft |
| 1865 WILSON AVE | EASTGATE MANOR LLC | APARTMENTS 20-49 RENTAL UNITS | $1,874,900 | 355 ft |
| 456 VAN DYKE ST | GOLDEN ORACH LAND TRUST | SINGLE FAMILY DWELLING, PLATTED LOT | $317,300 | 370 ft |
| 462 VAN DYKE ST | JOSHUA T GREGERSON | SINGLE FAMILY DWELLING, PLATTED LOT | $341,000 | 381 ft |
| 411 HAZEL ST N | JENNA I VEACH MELVIN VEACH | SINGLE FAMILY DWELLING, PLATTED LOT | $236,600 | 392 ft |
| 1862 CONWAY ST | XOUA XIONG | SINGLE FAMILY DWELLING, PLATTED LOT | $381,300 | 394 ft |
| 466 VAN DYKE ST | MICHAEL R CZAPLEWSKI SHELLIE CZAPLEWSKI | SINGLE FAMILY DWELLING, PLATTED LOT | $360,500 | 400 ft |
| 480 HAZEL ST N | HAZELWOOD COMPLEX LLC | APT OR COMPLEX 100+ UNITS | $10,082,300 | 417 ft |
Most Recent Sale