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.
5 permits on record since 2023 · $32K total declared value · Most recent: Jun 2024 (building permit)
Blake Howard 24RESTORE INC
SAFEBASEMENTS OF MINNESOTA INC
DAVID SMITH ST PAUL PLBG & HTG CO - MSP PLBG
DAVID SMITH ST PAUL PLBG & HTG CO - MSP PLBG
STEVE FRANEK Powerhouse Electric Inc
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Frogtown Neighborhood Association · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 325
Residential — small-scale multi-unit housing (up to 4 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 small multifamily (2–4 units, wood frame) benchmarks for 2,070 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 703 THOMAS AVE | FOZIA M ADAN | SINGLE FAMILY DWELLING, PLATTED LOT | $257,700 | 40 ft |
| 695 THOMAS AVE | DEL CO LIMITED PARTNERSHIP | SINGLE FAMILY DWELLING, PLATTED LOT | $193,500 | 40 ft |
| 707 THOMAS AVE | KAREN J LARSON VINCENT ALMEDA | SINGLE FAMILY DWELLING, PLATTED LOT | $293,700 | 80 ft |
| 689 THOMAS AVE | KIYANNA GREENE | SINGLE FAMILY DWELLING, PLATTED LOT | $210,200 | 80 ft |
| 713 THOMAS AVE | VINCENT ALMEDA | TWO FAMILY DWELLING - UP/DWN | $239,700 | 120 ft |
| 685 THOMAS AVE | BK HOMES LLC | SINGLE FAMILY DWELLING, PLATTED LOT | $213,800 | 120 ft |
| 698 LAFOND AVE | JASON DONG | SINGLE FAMILY DWELLING, PLATTED LOT | $171,800 | 141 ft |
| 700 LAFOND AVE | ST PAUL PUBLIC HOUSING AGENCY | RES/EXEMPT SINGLE FAMILY DWELLING | $203,900 | 146 ft |
| 692 LAFOND AVE | JOSHUA R PETERS CHAVA R CURLAND | TWO FAMILY DWELLING - UP/DWN | $285,000 | 146 ft |
| 715 THOMAS AVE | EVAN D MORENO | TWO FAMILY DWELLING - UP/DWN | $300,900 | 159 ft |
Most Recent Sale