501 E 15th St, Minneapolis, MN 55404 Property Records

Hennepin County property record for 501 E 15th St, Minneapolis, MN 55404

Property Summary

Property Type	Government / Public Use
Details	119 bd · 59,728 sqft · built 1887
Lot Size	1.91 acres (83,635 sqft)
Owner	Company Name on Record
Tax Bill	$18,963 (2025)
Deeds & Mortgages	May 2022 Second Mortgage May 2022 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`27-029-24-41-0089`

Property Details

APN / Parcel Number

Primary APN	`27-029-24-41-0089`

Interior

Bedrooms	119 Beds
Units	4 Units
Stories	3 Stories
Building Area	59,728 sqft Gross Area
1st Floor Area	2,420 sqft
Basement Area	20,250 sqft

Exterior

Year Built	Built 1887
Effective Year Built	Effective 1983
Architectural Style	Quadruplex
Exterior Material	Stucco
Construction Type	Concrete
Roof Type	Flat
Roof Material	Asphalt
Lot Area	83,635 sqft
Total Buildings	4 Buildings

Utilities, Heating & Cooling

Heating System	Hot Water

Location & Zoning

Street Address	501 E 15TH ST
City	MINNEAPOLIS
State	MN
Zip	55404-1589
Property Category	Public Works
Property Type	Public Works > Government / Public Use
Local Zoning Code	R6
Legal Description	LOT 010 BLOCK 001 A GRIMSHAWS ADDN TO MPLS LOTS 2 THRU 10 INCL ALSO THAT PART OF LOT 1 LYING N OF S 38.5 FT THOF INCL ADJ 1/2 OF VAC ALLEY AND 16TH ST E ALSO INCL ALL OF ADJ VAC 5TH AVE S T IRREGULAR
Legal Range	24
Legal Township	029
Legal Section	27
Legal Quarter	41
Legal Subdivision	GRIMSHAWS ADDN TO MPLS
Legal Block	1
Legal Lot Number	10
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	1
Census Block	1002
Census Tract	5901

Owner

Source: Hennepin County records, as of June 25, 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	11810 GRAND PARK AVE, 600, ROCKVILLE, MD 20852-8679
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
May 12, 2022	Deed of Trust, Mortgage · Stand-Alone Second Mortgage EAGLE BANK
May 13, 2022	Deed of Trust, Mortgage · Commercial Mortgage RENEWAL HOUSING INC
Nov 5, 2019	Quit Claim Deed, Mortgage · Line of Credit GREYSTONE SVCNG CORP

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 5, 2019
Deed Sale	Nov 5, 2019
Prior Sale	Dec 22, 2016 · Amount on Record
Deed Document Number	201910721039
Prior Transfer Date	Oct 30, 2019
Prior Transfer Doc	0A10721039
Record Updated	Sep 20, 2026

May 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	501 E 15TH ST, MINNEAPOLIS, MN 55404-1589
Transaction Type	Mortgage
Record Updated	Aug 15, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	11810 GRAND PARK AVE, NORTH BETHESDA, MD 20852-8677

Mortgage

Document Number	0A11107714
Date	May 12, 2022
Instrument	A11107714

Lender

Name	EAGLE BANK
Type	Bank
Address	MINNEAPOLIS, MN 55402

Agreement

Type	Stand-Alone Second Mortgage
Amount	Amount Recorded
Term	211 Months
Due	Dec 1, 2039

May 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	501 E 15TH ST, MINNEAPOLIS, MN 55404-1589
Transaction Type	Mortgage
Record Updated	Aug 15, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	11810 GRAND PARK AVE 600, 600, NORTH BETHESDA, MD 20852-8679

Mortgage

Document Number	0A11108394
Date	May 13, 2022
Instrument	A11108394

Lender

Name	RENEWAL HOUSING INC
Type	Non-Lending Institution
Address	ROCKVILLE, MD 20852

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	211 Months
Due	Dec 1, 2039

November 2019: Quit Claim Deed, Mortgage

Document Type	Quit Claim Deed
Jurisdiction	HENNEPIN MN
Recording Date	Nov 5, 2019
Property Address	501 E 15TH ST, MINNEAPOLIS, MN 55404-1589
Document Number	0010721039
Instrument Date	Oct 30, 2019
Instrument	10721039
Transaction Type	Mortgage
Record Updated	Nov 20, 2019
Title Company	STEWART TITLE

Transaction

Tax	$0.00
Additional	Quitclaim

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	11810 GRAND PARK AVE #600 NORTH BETHESDA MD 208528679, 600, NORTH BETHESDA, MD 20852-8679

Mortgage

Document Number	10721041
Date	Nov 5, 2019
Instrument	10721041

Lender

Name	GREYSTONE SVCNG CORP
Address	419 BELLE AIR LN, WARRENTON, VA 20186-4368

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	204 Months
Due	Nov 4, 2036

Interest

Rate Type	Adjustable Rate

Mortgage

Document Number	10721044,
Date	Nov 5, 2019
Instrument	10721044

Lender

Name	MADISON HOUSING LLC
Address	11810 GRAND PARK AVE # 600, ROCKVILLE, MD 20852-8679

Agreement

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	$18,963.00 (-2.11%)	$4,900,000 (-5.95%) Land $2,012,700 Building $2,887,300	$4,900,000 (-5.95%) Land $2,012,700 Building $2,887,300
2024	$19,371.00 (-63.24%)	$5,210,000 (+623.61%) Land $2,432,000 Building $2,778,000	$5,210,000 (+623.61%) Land $2,432,000 Building $2,778,000
2023	$52,694.00 Additional exemption filed
2022		$720,000 Land $290,500 Building $429,500	$720,000 Land $290,500 Building $429,500

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	Low lower than 99.1% of the US · lower than 96% of Minnesota
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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 193 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
Verizon Fixed Wireless	1,000 / 75
AT&T Fixed Wireless	100 / 20

May also be available: CenturyLink, T-Mobile.

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