3115 E 42nd St, Minneapolis, MN 55406 Property Records

Hennepin County property record for 3115 E 42nd St, Minneapolis, MN 55406

Property Summary

Property Type	Apartments (5+ Units)
Details	19 bd · 18,816 sqft · built 2020
Lot Size	0.23 acres (10,019 sqft)
Owner	Company Name on Record
Last Sale	$3,665,000 (May 2024)
Tax Bill	$74,562 (2025)
Deeds & Mortgages	Mar 2026 Line of Credit May 2024 Sale & Mortgage + 6 more
Flood Zone	Zone X (minimal risk)
APN	`07-028-23-32-0001`

Property Details

APN / Parcel Number

Primary APN	`07-028-23-32-0001`

Interior

Bedrooms	19 Beds
Stories	3 Stories
Building Area	18,816 sqft Living Area
1st Floor Area	5,144 sqft
Basement Area	2,570 sqft

Exterior

Year Built	Built 2020
Effective Year Built	Effective 2020
Exterior Material	Metal
Construction Type	Concrete
Roof Type	Flat
Roof Material	Asphalt
Lot Area	10,019 sqft (0.23 acres)
Lot Dimensions	70 ft deep x 140 ft wide

Utilities, Heating & Cooling

Heating System	Forced Air with A/C

Location & Zoning

Street Address	3115 E 42ND ST
City	MINNEAPOLIS
State	MN
Zip	55406-3325
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	R5
Legal Description	LOT 001 BLOCK 001 A DEANS SOUTH PARK ADDN TO MPLS LOTS 1 AND 2 140 X 70
Legal Range	23
Legal Township	028
Legal Section	07
Legal Quarter	32
Legal Subdivision	DEANS SOUTH PARK ADDN TO MPLS
Legal Block	1
Legal Lot Number	1
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	3
Census Block	3006
Census Tract	111100

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	13230 20TH STREET CT N, STILLWATER, MN 55082-1777
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Mar 20, 2026	Deed of Trust, Mortgage · Line of Credit DEERWOOD BANK
May 2, 2024	Warranty Deed, Transfer · Commercial Mortgage DEERWOOD BANK
Apr 23, 2020	Deed of Trust, Mortgage BRIDGEWATER BK
Feb 3, 2020	Warranty Deed, Transfer PARTNERS TITLE COMPANY, PARTNERS TITLE CO.
Nov 6, 2018	Warranty Deed, Transfer
Sep 27, 2017	Loan Modification, Mortgage MERCHANTS BK
Jul 24, 2017	Loan Modification, Mortgage MERCHANTS BK
Apr 27, 2017	Warranty Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 2, 2024 · Amount on Record
Deed Sale	May 2, 2024 · Amount on Record
Prior Sale	Feb 3, 2020 · Amount on Record
Deed Document Number	20246072417
Prior Transfer Date	Jul 28, 2015
Prior Transfer Doc	0005277540
Record Updated	Oct 29, 2026

March 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	3115 E 42ND ST, MINNEAPOLIS, MN 55406-3325
Transaction Type	Mortgage
Record Updated	Mar 31, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	13230 20TH STREET CT N, STILLWATER, MN 55082-1777

Mortgage

Document Number	00T6190893
Date	Mar 20, 2026
Instrument	T6190893

Lender

Name	DEERWOOD BANK
Type	Bank
Address	BAXTER, MN 56425

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	38 Months
Due	May 1, 2029

May 2024: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	May 2, 2024
Property Address	3115 E 42ND ST, MINNEAPOLIS, MN 55406-3325
Document Number	00T6072417
Instrument Date	May 1, 2024
Instrument	T6072417
Transaction Type	Transfer
Record Updated	May 13, 2024

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$12,094.50
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	13230 20TH STREET CT N, STILLWATER, MN 55082-1777

Mortgage

Document Number	00T6072418
Date	May 2, 2024
Instrument	T6072418

Lender

Name	DEERWOOD BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	May 1, 2029

April 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	3115 E 42ND ST, MINNEAPOLIS, MN 55406-3325
Document Number	0005702833
Instrument Date	Apr 23, 2020
Transaction Type	Mortgage
Record Updated	May 12, 2020
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	222 S 9TH ST #3700 MINNEAPOLIS MN 554023806, 3700, MINNEAPOLIS, MN 55402-3806

Mortgage

Document Number	0005702833
Date	Apr 24, 2020
Instrument	5702833

Lender

Name	BRIDGEWATER BK
Type	Bank
Address	7831 E BUSH LAKE RD # 300, MINNEAPOLIS, MN 55439-3154

Agreement

Amount	Amount Recorded
Term	60 Months
Due	Apr 23, 2025

February 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Feb 3, 2020
Property Address	3115 E 42ND ST, MINNEAPOLIS, MN 55406-3325
Document Number	0005682414
Instrument Date	Jan 15, 2020
Instrument	5682414
Transaction Type	Transfer
Record Updated	Feb 18, 2020
Title Company	PARTNERS TITLE COMPANY, PARTNERS TITLE CO.

Transaction

Amount	Amount Recorded
Tax	$1,241.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	3115 E 42ND ST MINNEAPOLIS MN 554063325, MINNEAPOLIS, MN 55406-3325

November 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Nov 6, 2018
Property Address	3115 E 42ND ST, MINNEAPOLIS, MN 55406-3325
Document Number	0005573370
Instrument Date	Nov 6, 2018
Instrument	5573370
Transaction Type	Transfer
Record Updated	Nov 19, 2018

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3115 E 42ND ST MINNEAPOLIS MN 554063325, MINNEAPOLIS, MN 55406-3325

September 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	HENNEPIN MN
Property Address	3115 E 42ND ST, MINNEAPOLIS, MN 55406-3325
Document Number	0005481543
Instrument Date	Sep 27, 2017
Transaction Type	Mortgage
Record Updated	Aug 28, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	6806 87TH LN N BROOKLYN PARK MN 554451200, BROOKLYN PARK, MN 55445-1200

Mortgage

Document Number	0005481543
Date	Oct 2, 2017
Instrument	5481543

Lender

Name	MERCHANTS BK
Type	Bank
Address	HASTINGS, MN 55033

Agreement

Term	12 Months
Due	Oct 1, 2018

July 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	HENNEPIN MN
Property Address	3115 E 42ND ST, MINNEAPOLIS, MN 55406-3325
Document Number	0005464497
Instrument Date	Jul 24, 2017
Transaction Type	Mortgage
Record Updated	Aug 24, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	6806 87TH LN N BROOKLYN PARK MN 554451200, BROOKLYN PARK, MN 55445-1200

Mortgage

Document Number	0005464497
Date	Jul 27, 2017
Instrument	5464497

Lender

Name	MERCHANTS BK
Type	Bank
Address	HASTINGS, MN 55033

Agreement

Term	12 Months
Due	Jul 26, 2018

April 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Apr 27, 2017
Property Address	3115 E 42ND ST, MINNEAPOLIS, MN 55406-3325
Document Number	0005438022
Instrument Date	Apr 26, 2017
Instrument	5438022
Transaction Type	Transfer
Record Updated	May 12, 2017

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	6806 87TH LN N BROOKLYN PARK MN 554451200, BROOKLYN PARK, MN 55445-1200

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	$74,562.00 (+15.55%)	$3,222,000 (-9.24%) Land $157,600 Building $3,064,400	$3,222,000 (-9.24%) Land $157,600 Building $3,064,400
2024	$64,526.00 (+1.6%)	$3,550,000 (-10.13%) Land $138,600 Building $3,411,400	$3,550,000 (-10.13%) Land $138,600 Building $3,411,400
2023	$63,512.00
2022		$3,950,000 Land $140,200 Building $3,809,800	$3,950,000 Land $140,200 Building $3,809,800

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 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 804 locations within half a mile, as of December 31, 2025

Provider	Max 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
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: PCs for People.

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