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.
1 permit on record since 2016 · $1K total declared value · Most recent: Oct 2016 (building permit)
HOUSING HUB
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 — medium-density multi-unit housing (up to 5 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 1,690 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 940 SHERBURNE AVE | LISA ROSE JOHNSON | SINGLE FAMILY DWELLING, PLATTED LOT | $252,300 | 41 ft |
| 946 SHERBURNE AVE | BCR PROPERTIES LLC | SINGLE FAMILY DWELLING, PLATTED LOT | $239,500 | 41 ft |
| 950 SHERBURNE AVE | THOMAS E ECHOLES DEBORAH A ECHOLES | SINGLE FAMILY DWELLING, PLATTED LOT | $222,100 | 82 ft |
| 936 SHERBURNE AVE | FRANCOIS MUSABYIMANA ESPERANCE MUSABYIMANA | SINGLE FAMILY DWELLING, PLATTED LOT | $236,500 | 82 ft |
| 956 SHERBURNE AVE | KHAI HONG LIM SHU PING TEOH | SINGLE FAMILY DWELLING, PLATTED LOT | $230,900 | 123 ft |
| 932 SHERBURNE AVE | ALEXANDER GRIPP | TWO FAMILY DWELLING - UP/DWN | $255,900 | 136 ft |
| 935 UNIVERSITY AVE W | DADDERS ESTATES LLC | MIXED RESID/COMMERCIAL | $465,700 | 151 ft |
| 958 SHERBURNE AVE | ELIZABETH A YOUNG | SINGLE FAMILY DWELLING, PLATTED LOT | $242,500 | 164 ft |
| 931 UNIVERSITY AVE W | BARTHOLOMEW AND STELLA ENTERPRISES LLC | MIXED RESID/COMMERCIAL | $312,200 | 174 ft |
| 945 SHERBURNE AVE | JASMINE TRA-MY DO | SINGLE FAMILY DWELLING, PLATTED LOT | $248,100 | 178 ft |
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