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.
3 permits on record since 2016 · $1K total declared value · Most recent: Nov 2024 (building permit)
PALEN CONTRACTING LLC
Mr Tim Foster EIG PROPERTY MANAGEMENT
D & L 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 2,422 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 592 LEXINGTON PKWY N | DONALD P RILEY TR TYLER L LOVAN TR | SINGLE FAMILY DWELLING, PLATTED LOT | $277,300 | 44 ft |
| 588 LEXINGTON PKWY N | AARON D MORAN TR FAISA H ADEN TR | SINGLE FAMILY DWELLING, PLATTED LOT | $315,000 | 89 ft |
| 1080 THOMAS AVE | 3 RAMSEY COUNTY THOMAS AVE 1080 | THREE FAMILY DWELLING, PLATTED LOT | $349,500 | 102 ft |
| 604 LEXINGTON PKWY N | CAMERON MITCHELL | SINGLE FAMILY DWELLING, PLATTED LOT | $295,900 | 120 ft |
| 584 LEXINGTON PKWY N | JCJ INVESTMENTS LLC | TWO FAMILY DWELLING - UP/DWN | $394,000 | 133 ft |
| 1078 THOMAS AVE | LOUIS J DELADI | SINGLE FAMILY DWELLING, PLATTED LOT | $221,900 | 137 ft |
| 1085 THOMAS AVE | ST PAUL PUBLIC HOUSING AGENCY | RES/EXEMPT SINGLE FAMILY DWELLING | $250,800 | 157 ft |
| 1072 THOMAS AVE | MARCUS ZHEN-JAY YANG | SINGLE FAMILY DWELLING, PLATTED LOT | $244,000 | 173 ft |
| 1081 THOMAS AVE | JOHN BAER DAVIS SARA ELEANORE MILLER | SINGLE FAMILY DWELLING, PLATTED LOT | $246,300 | 176 ft |
| 616 LEXINGTON PKWY N | DAVID J WARNKE | SINGLE FAMILY DWELLING, PLATTED LOT | $352,200 | 193 ft |
Most Recent Sale