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 2021 · $3K total declared value · Most recent: Mar 2021 (building permit)
Zach Fredrickson Fredrickson Contracting
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Summit-University Planning Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 335
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 1,331 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 867 AURORA AVE | HILDA M CAPLES | TWO FAMILY DWELLING - UP/DWN | $221,700 | 38 ft |
| 871 AURORA AVE | THOMAS M RAMBO | SINGLE FAMILY DWELLING, PLATTED LOT | $395,300 | 78 ft |
| 859 AURORA AVE | DERRICK J HUSHMAN | SINGLE FAMILY DWELLING, PLATTED LOT | $201,300 | 102 ft |
| 875 AURORA AVE | MALIK DAVIS | SINGLE FAMILY DWELLING, PLATTED LOT | $242,300 | 117 ft |
| 860 UNIVERSITY AVE W | EVANGELOS GEORGE HATZISTAMOULOS STEVE HATZIS | MIXED RESID/COMMERCIAL | $431,900 | 125 ft |
| 866 UNIVERSITY AVE W | 846-866 UNIVERSITY AVENUE LLC | SMALL (UNDER 10,000 SF) DET. RETAIL | $438,900 | 131 ft |
| 855 AURORA AVE | MELVIN GILES | SINGLE FAMILY DWELLING, PLATTED LOT | $202,500 | 149 ft |
| 879 AURORA AVE | QUITINA S COOK GREGORY COOK | SINGLE FAMILY DWELLING, PLATTED LOT | $203,700 | 157 ft |
| 868 UNIVERSITY AVE W | LATUFF BROS INC | AUTOMOTIVE SERVICE STATION | $488,500 | 159 ft |
| 856 UNIVERSITY AVE W | INCOBEX HOMES LLC | SMALL (UNDER 10,000 SF) DET. RETAIL | $621,000 | 161 ft |
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