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3233 E 40th St, Minneapolis, MN 55406 Property Records

Hennepin County property record for 3233 E 40th St, Minneapolis, MN 55406

Property Summary

Property TypeGeneral Industrial
Details12,757 sqft · built 1900
Lot Size1.31 acres (57,064 sqft)
OwnerIndividual Name on File
Last Sale$1,300,000 (Dec 2020)
Tax Bill$55,142 (2025)
Deeds & MortgagesDec 2020 Sale & Line of Credit
Flood ZoneZone X (minimal risk)
APN07-028-23-23-0010

Property Details

APN / Parcel Number

Primary APN07-028-23-23-0010

Interior

Stories2 Stories
Building Area12,757 sqft Gross Area
1st Floor Area12,312 sqft

Exterior

Year BuiltBuilt 1900
Effective Year BuiltEffective 1900
Exterior MaterialConcrete
Construction TypeConcrete
Roof TypeGable
Roof MaterialAsphalt
Lot Area57,064 sqft
Garage TypeDetached

Utilities, Heating & Cooling

Heating SystemForced Air with A/C

Location & Zoning

Street Address3233 E 40TH ST
CityMINNEAPOLIS
StateMN
Zip55406-3240
Property CategoryIndustrial
Property TypeIndustrial > General Industrial
Local Zoning CodeI1
Legal DescriptionLOT 004 BLOCK 033 A PALMERS ADDN TO MPLS LOTS 1 2 3 4 7 8 9 AND COM AT THE SW COR OF LOT 6 TH NWLY 13 1/10 FT TH AT RT ANGLES NELY 31 FT TH AT RT ANGLES NWLY 13 22/100 FT TH T IRREGULAR
Legal Range23
Legal Township028
Legal Section07
Legal Quarter23
Legal SubdivisionPALMERS ADDN TO MPLS
Legal Block33
Legal Lot Number4
JurisdictionHENNEPIN MN
Township / Civil DivisionMINNEAPOLIS
Census Block Group2
Census Block2009
Census Tract110400

Owner

Source: Hennepin County records · APN 07-028-23-23-0010

Assessment roll updated June 23, 2026 · Last verified August 2026

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

Owner of RecordIndividual Name on File
Mailing Address3233 E 40TH ST, MINNEAPOLIS, MN 55406-3240
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleDec 21, 2020 · Amount on Record
Deed SaleDec 21, 2020 · Amount on Record
Prior SaleMay 04, 2016 · Amount on Record
Deed Document Number202010888770
Record UpdatedSep 20, 2026

December 2020: Warranty Deed, Construction Loan

Document TypeWarranty Deed
JurisdictionHENNEPIN MN
Recording DateDec 21, 2020
Property Address3233 E 40TH ST, MINNEAPOLIS, MN 55406-3240
Document Number0010888770
Instrument DateDec 08, 2020
Instrument10888770
Transaction TypeConstruction Loan
Record UpdatedJan 27, 2021
Title CompanyLAND TITLE CORPORATION, LAND TITLE INC

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$4,420.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address4315 OAKLAND AVE MINNEAPOLIS MN 554073124, MINNEAPOLIS, MN 55407-3124

Mortgage

Document Number10888771
DateDec 21, 2020
Instrument10888771
Lender
NameBRIDGEWATER BK
TypeBank
AddressSAINT LOUIS PARK, MN 55416
Agreement
TypeLine of Credit
AmountAmount Recorded
Term120 Months
DueDec 20, 2030
Interest
Rate TypeAdjustable Rate

Mortgage

Document Number10888773,
DateDec 21, 2020
Instrument10888773
Lender
NameBRIDGEWATER BK
TypeBank
AddressSAINT LOUIS PARK, MN 55416
Agreement
TypeLine of Credit
AmountAmount Recorded
Term12 Months
DueDec 20, 2021
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Hennepin County records · Assessment roll updated June 23, 2026 · Last verified August 2026

Property Jurisdictions

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

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2025$55,142.00 (+51.36%)$1,500,000 (+49.11%) Land $802,900 Building $697,100$1,500,000 (+49.11%) Land $802,900 Building $697,100
2023$36,431.00
2022$1,006,000 Land $745,600 Building $260,400$1,006,000 Land $745,600 Building $260,400

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of December 25, 2025 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Wildfire

Wildfire RiskNot rated
no burnable land within ember reach

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

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

ProviderMax Down / Up (Mbps)
Lumen Technologies
Fiber		2,000 / 1,000
Xfinity
Cable		2,000 / 250
Verizon
Fixed Wireless		1,000 / 75
AT&T
Fixed Wireless		100 / 20
T-Mobile USA
Fixed Wireless		100 / 20

May also be available: PCs for People.

Based on FCC filings for 697 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water SystemMinneapolis
serves 425,300 people
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 as reported to EPA, 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. The full violation and enforcement history is in the system's EPA record.

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