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 2025 · $7K total declared value · Most recent: Mar 2025 (building permit)
STRONG TOWERS CONSTRUCTION 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 2,084 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 744 THOMAS AVE | LAYSEN KEEL LAINE KEEL | SINGLE FAMILY DWELLING, PLATTED LOT | $220,100 | 40 ft |
| 750 THOMAS AVE | THEAN SU OOI | SINGLE FAMILY DWELLING, PLATTED LOT | $244,200 | 80 ft |
| 738 THOMAS AVE | FAVORS COMMUNITY SERVICES INC | MIXED RESID/COMMERCIAL | $479,500 | 99 ft |
| 0 THOMAS AVE | RACHEL CANNING | RESIDENTIAL, VACANT LAND, LOT | $25,000 | 119 ft |
| 588 GROTTO ST N | FAVORS ENTERPRISES LLC | TWO FAMILY DWELLING - UP/DWN | $218,000 | 124 ft |
| 734 THOMAS AVE | FAVORS COMMUNITY SERVICES LLC CURTIS FAVORS | SINGLE FAMILY DWELLING, PLATTED LOT | $187,800 | 135 ft |
| 741 EDMUND AVE | GHMJA MENGHSTEAB SOQUAR | MIXED RESID/COMMERCIAL | $638,900 | 141 ft |
| 747 EDMUND AVE | MONSIO NEEPAYE | TWO FAMILY DWELLING - UP/DWN | $314,700 | 146 ft |
| 758 THOMAS AVE | RACHEL CANNING | SINGLE FAMILY DWELLING, PLATTED LOT | $286,500 | 159 ft |
| 751 EDMUND AVE | ORLANDO YOEL ULLOA ERAZO SINDY WALESKA MELENDEZ MORALES | SINGLE FAMILY DWELLING, PLATTED LOT | $250,600 | 161 ft |
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