2128 E Franklin Ave, Minneapolis, MN 55404 Property Records

Hennepin County property record for 2128 E Franklin Ave, Minneapolis, MN 55404

Property Summary

Property Type	Commercial Vacant Land
Lot Size	0.14 acres (6,098 sqft)
Owner	Company Name on Record
Last Sale	$4,250,000 (Jun 2018)
Tax Bill	$2,057 (2025)
Deeds & Mortgages	Jun 2018 Sale & Mortgage May 2018 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`25-029-24-34-0082`

Property Details

APN / Parcel Number

Primary APN	`25-029-24-34-0082`

Exterior

Lot Area	6,098 sqft (0.14 acres)
Lot Dimensions	107 ft deep x 58 ft wide

Location & Zoning

Street Address	2128 E FRANKLIN AVE
City	MINNEAPOLIS
State	MN
Zip	55404-2248
Property Category	Commercial
Property Type	Vacant Land > Commercial
Local Zoning Code	C1
Legal Description	LOT 006 BLOCK 032 A MURPHYS ADDN TO MPLS E 58 FT OF LOTS 6 AND 7 EXCEPT STREET S 58 X 107
Legal Range	24
Legal Township	029
Legal Section	25
Legal Quarter	34
Legal Subdivision	MURPHYS ADDN TO MPLS
Legal Block	32
Legal Lot Number	6
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	1
Census Block	1004
Census Tract	106200

Owner

Source: Hennepin County records, as of June 23, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	510 1ST AVE N, 550, MINNEAPOLIS, MN 55403-1605
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Jun 4, 2018	Trustee's Deed, Transfer BRIDGEWATER BK
May 31, 2018	Trustee's Deed, Transfer BRIDGEWATER BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 4, 2018 · Amount on Record
Deed Sale	Jun 4, 2018 · Amount on Record
Prior Sale	May 31, 2018 · Amount on Record
Deed Document Number	201810559673
Record Updated	Oct 29, 2026

June 2018: Trustee's Deed, Transfer

Document Type	Trustee's Deed
Jurisdiction	HENNEPIN MN
Recording Date	Jun 4, 2018
Property Address	2128 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2248
Document Number	0010559673
Instrument Date	May 30, 2018
Instrument	10559673
Transaction Type	Transfer
Record Updated	Jan 14, 2019
Title Company	NOT AVAILABLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$14,450.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	401 2ND AVE N #210 MINNEAPOLIS MN 554012097, 210, MINNEAPOLIS, MN 55401-2097
Investor	Possibly a Property Investor

Mortgage

Document Number	10559674
Date	Jun 4, 2018
Instrument	10559674

Lender

Name	BRIDGEWATER BK
Type	Bank
Address	3800 AMERICAN BLVD W # 100, BLOOMINGTON, MN 55431-4416

Agreement

Amount	Amount Recorded
Term	120 Months
Due	Jun 3, 2028

May 2018: Trustee's Deed, Transfer

Document Type	Trustee's Deed
Jurisdiction	HENNEPIN MN
Recording Date	May 31, 2018
Property Address	2128 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2248
Document Number	0005534539
Instrument Date	May 30, 2018
Instrument	5534539
Transaction Type	Transfer
Record Updated	Jan 14, 2019
Title Company	COMMERCIAL PARTNERS TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$14,450.00
Amount Accuracy	Confirmed
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	401 2ND AVE N #210 MINNEAPOLIS MN 554012097, 210, MINNEAPOLIS, MN 55401-2097
Investor	Possibly a Property Investor

Mortgage

Document Number	5534540
Date	May 31, 2018
Instrument	5534540

Lender

Name	BRIDGEWATER BK
Type	Bank
Address	3800 AMERICAN BLVD W # 100, BLOOMINGTON, MN 55431-4416

Agreement

Amount	Amount Recorded
Term	120 Months
Due	May 30, 2028

Tax Assessment & Valuation

Source: Hennepin County assessment roll, as of June 23, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Hennepin County
Municipality	Minneapolis City
Unified School District	Minneapolis Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,057.00 (+11.19%)	$93,100 (-) Land $93,100	$93,100 (-) Land $93,100
2023	$1,850.00
2022		$93,100 Land $93,100	$93,100 Land $93,100

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective December 25, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Minneapolis serves 425,300 people · EPA ID MN1270024
Water Source	Surface water
Last State Inspection	Sep 2024
Lead	2 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 532 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
CenturyLink Fiber · DSL in parts of the area	8,000 / 8,000
Xfinity Cable · Fiber in parts of the area	2,000 / 2,000
Verizon Fixed Wireless	1,000 / 75
PCs for People Fixed Wireless	100 / 100
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Fidium Fiber.

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