400 2nd Ave S, Minneapolis, MN 55401 Property Records

Hennepin County property record for 400 2nd Ave S, Minneapolis, MN 55401

Property Summary

Property Type	Apartments (5+ Units)
Details	119,466 sqft · built 1929
Lot Size	0.36 acres (15,682 sqft)
Owner	Company Name on Record
Last Sale	$3,500,000 (Jun 2023)
Tax Bill	$65,118 (2025)
Deeds & Mortgages	Jul 2024 Mortgage Jun 2023 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`22-029-24-44-0030`

Property Details

APN / Parcel Number

Primary APN	`22-029-24-44-0030`

Interior

Stories	12 Stories
Building Area	119,466 sqft Living Area
Gross Area	135,009 sqft
1st Floor Area	15,543 sqft
Basement Area	15,543 sqft

Exterior

Year Built	Built 1929
Effective Year Built	Effective 1929
Exterior Material	Stucco
Construction Type	Concrete
Roof Type	Flat
Roof Material	Tar & Gravel
Lot Area	15,682 sqft (0.36 acres)
Lot Dimensions	157 ft deep x 99 ft wide
Garage Type	Detached

Utilities, Heating & Cooling

Heating System	Steam

Location & Zoning

Street Address	400 2ND AVE S
City	MINNEAPOLIS
State	MN
Zip	55401-2406
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	B4-2
Legal Description	LOT 069 B AUDITORS SUBD. NO. 156 LOTS 68 AND 69 99.00 X 157.00
Legal Range	24
Legal Township	029
Legal Section	22
Legal Quarter	44
Legal Subdivision	AUDITORS SUBD. NO. 156
Legal Block	4
Legal Lot Number	69
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	4
Census Block	4008
Census Tract	126102

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the St. Anthony Falls Historic District listed 1971 · 90 contributing resources · NRIS 71000438

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: Hennepin County records, as of September 9, 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	337 OAK GROVE ST, MINNEAPOLIS, MN 55403-4021
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Jul 31, 2024	Deed of Trust, Mortgage · Commercial Mortgage JRM CAPITAL PARTNERS LLC
Jun 8, 2023	Limited Warranty Deed, Transfer · Commercial Mortgage JRM CAPITAL PARTNERS LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 8, 2023 · Amount on Record
Deed Sale	Jun 8, 2023 · Amount on Record
Deed Document Number	202311206458
Record Updated	Oct 29, 2026

July 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	400 2ND AVE S, MINNEAPOLIS, MN 55401-2406
Transaction Type	Mortgage
Record Updated	May 12, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1703 2ND AVE S 2, 2, MINNEAPOLIS, MN 55403-3903

Mortgage

Document Number	0A11302481
Date	Jul 31, 2024
Instrument	A11302481

Lender

Name	JRM CAPITAL PARTNERS LLC
Type	Non-Lending Institution
Address	ENGLEWOOD, NJ 07631

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

June 2023: Limited Warranty Deed, Transfer

Document Type	Limited Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Jun 8, 2023
Property Address	400 2ND AVE S, MINNEAPOLIS, MN 55401-2406
Document Number	0A11206458
Instrument Date	Jun 7, 2023
Instrument	A11206458
Transaction Type	Transfer
Record Updated	May 12, 2026
Title Company	OLD REPUBLIC TITLE, OLD REPUBLIC NATIONAL TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$11,550.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	337 OAK GROVE ST, MINNEAPOLIS, MN 55403-4021

Mortgage

Document Number	0A11206459
Date	Jun 8, 2023
Instrument	A11206459

Lender

Name	JRM CAPITAL PARTNERS LLC
Type	Non-Lending Institution

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

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	$65,118.00 (-8.83%)	$3,220,000 (-8%) Land $2,720,000 Building $500,000	$3,220,000 (-8%) Land $2,720,000 Building $500,000
2024	$71,421.00 (-81.34%)	$3,500,000 (-68.47%) Land $3,499,000 Building $1,000	$3,500,000 (-68.47%) Land $3,499,000 Building $1,000
2023	$382,769.00
2022		$11,100,000 Land $3,652,600 Building $7,447,400	$11,100,000 Land $3,652,600 Building $7,447,400

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 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; 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 165 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable · Fiber in parts of the area	2,000 / 2,000
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: CenturyLink, Fidium Fiber, Metronet, Verizon.

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