2403 E 38th St, Minneapolis, MN 55406 Property Records

Hennepin County property record for 2403 E 38th St, Minneapolis, MN 55406

Property Summary

Property TypeCommercial
Details3,103 sqft · built 1941
Lot Size0.1 acres (4,356 sqft)
OwnerCompany Name on Record
Last Sale$330,000 (Dec 2016)
Tax Bill$13,223 (2025)
Deeds & MortgagesJul 2020 Line of Credit
Flood ZoneZone X (minimal risk)
APN12-028-24-12-0119

Property Details

APN / Parcel Number

Primary APN12-028-24-12-0119

Interior

Stories1 Story
Building Area3,103 sqft Gross Area
1st Floor Area1,545 sqft
Basement Area1,558 sqft

Exterior

Year BuiltBuilt 1941
Effective Year BuiltEffective 1941
Exterior MaterialWood
Construction TypeConcrete
Roof TypeFlat
Roof MaterialTar & Gravel
Lot Area4,356 sqft (0.1 acres)
Lot Dimensions122 ft deep x 37 ft wide

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C

Location & Zoning

Street Address2403 E 38TH ST
CityMINNEAPOLIS
StateMN
Zip55406-3017
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeC1
Legal DescriptionLOT 030 BLOCK 004 A ROBERT BLAISDELLS ADDN TO MPLS 37.00 X 122.00
Legal Range24
Legal Township028
Legal Section12
Legal Quarter12
Legal SubdivisionROBERT BLAISDELLS ADDN TO MPLS
Legal Block4
Legal Lot Number30
JurisdictionHENNEPIN MN
Township / Civil DivisionMINNEAPOLIS
Census Block Group1
Census Block1003
Census Tract110200

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 RecordCompany Name on Record
Mailing Address7500 MILITARY RD, SAINT PAUL, MN 55129-9023
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 29, 2016 · Amount on Record
Deed SaleDec 29, 2016 · Amount on Record
Prior SaleNov 6, 2014 · Amount on Record
Deed Document Number20165410332
Record UpdatedSep 20, 2026

July 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionHENNEPIN MN
Property Address2403 E 38TH ST, MINNEAPOLIS, MN 55406-3017
Document Number0005729103
Instrument DateJul 22, 2020
Transaction TypeMortgage
Record UpdatedAug 18, 2020
Title CompanyNOT AVAILABLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2403 E 38TH ST MINNEAPOLIS MN 554063017, MINNEAPOLIS, MN 55406-3017

Mortgage

Document Number0005729103
DateJul 22, 2020
Instrument5729103
Lender
NameSUNRISE BK
TypeBank
AddressSAINT PAUL, MN 55108
Agreement
TypeLine of Credit
AmountAmount Recorded
Term120 Months
DueJul 21, 2030
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateMinnesota
CountyHennepin County
MunicipalityMinneapolis City
Unified School DistrictMinneapolis Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$13,223.00 (+40.16%)$437,000 (+40.97%) Land $72,300 Building $364,700$437,000 (+40.97%) Land $72,300 Building $364,700
2023$9,434.00
2022$310,000 Land $72,300 Building $237,700$310,000 Land $72,300 Building $237,700

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot 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 RiskNot 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 SystemMinneapolis
serves 425,300 people · EPA ID MN1270024
Water SourceSurface water
Last State InspectionSep 2024
Lead2 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 1,001 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
CenturyLink
Fiber · DSL in parts of the area
2,000 / 1,000
Xfinity
Cable
2,000 / 250
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

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