627 E Franklin Ave, Minneapolis, MN 55404 Property Records

Hennepin County property record for 627 E Franklin Ave, Minneapolis, MN 55404

Property Summary

Property Type	Apartments (5+ Units)
Details	58 bd · 12,438 sqft · built 1895
Lot Size	0.96 acres (41,818 sqft)
Owner	Company Name on Record
Last Sale	$600,000 (Jun 2009)
Tax Bill	$102,770 (2025)
Deeds & Mortgages	May 2020 Line of Credit Jun 2019 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`35-029-24-22-0073`

Property Details

APN / Parcel Number

Primary APN	`35-029-24-22-0073`

Interior

Bedrooms	58 Beds
Units	27 Units
Stories	3 Stories
Building Area	12,438 sqft Living Area
Gross Area	28,494 sqft
1st Floor Area	4,147 sqft
Basement Area	16,056 sqft

Exterior

Year Built	Built 1895
Effective Year Built	Effective 1895
Exterior Material	Stucco
Construction Type	Concrete
Roof Type	Flat
Roof Material	Tar & Gravel
Lot Area	41,818 sqft (0.96 acres)
Total Buildings	4 Buildings

Utilities, Heating & Cooling

Heating System	Steam

Location & Zoning

Street Address	627 E FRANKLIN AVE
City	MINNEAPOLIS
State	MN
Zip	55404-2809
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	R6
Legal Description	LOT 015 BLOCK 002 A LOWRYS ADDN TO MPLS LOT 4 13 14 15 AND 16 AND THE E 53FT OF LOTS 1 2 AND 3 AND THE W 77 FT OF S 18 FT OF LOT 3 N183X200&68X77
Legal Range	24
Legal Township	029
Legal Section	35
Legal Quarter	22
Legal Subdivision	LOWRYS ADDN TO MPLS
Legal Block	2
Legal Lot Number	15
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	1
Census Block	1001
Census Tract	5902

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	2008 PARK AVE, MINNEAPOLIS, MN 55404-2840
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
May 11, 2020	Deed of Trust, Mortgage · Line of Credit 21ST CENTURY BK
Jun 19, 2019	Quit Claim Deed, Transfer 21ST CENTURY BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 2, 2009 · Amount on Record
Deed Sale	Jun 2, 2009 · Amount on Record
Prior Sale	Jun 2, 2009 · Amount on Record
Deed Document Number	2009994502
Prior Transfer Date	Apr 1, 1998
Prior Transfer Doc	0000664096
Record Updated	Oct 29, 2026

May 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	627 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2809
Document Number	0005708750
Instrument Date	May 11, 2020
Transaction Type	Mortgage
Record Updated	May 28, 2020
Title Company	NOT AVAILABLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2008 PARK AVE MINNEAPOLIS MN 554042840, MINNEAPOLIS, MN 55404-2840

Mortgage

Document Number	0005708750
Date	May 15, 2020
Instrument	5708750

Lender

Name	21ST CENTURY BK
Type	Bank
Address	MINNEAPOLIS, MN 55401

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	360 Months
Due	May 14, 2050

Interest

Rate Type	Adjustable Rate

June 2019: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	HENNEPIN MN
Recording Date	Jun 19, 2019
Property Address	627 E FRANKLIN AVE, MINNEAPOLIS, MN 55404-2809
Document Number	0005621454
Instrument Date	Jun 12, 2019
Instrument	5621454
Transaction Type	Transfer
Record Updated	Jul 2, 2019
Title Company	WEST TITLE COMPANY, WEST TITLE CO

Transaction

Amount	Amount Recorded
Tax	$1.70
Additional	Quitclaim Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2008 PARK AVE MINNEAPOLIS MN 554042840, MINNEAPOLIS, MN 55404-2840

Mortgage

Document Number	5621457
Date	Jun 19, 2019
Instrument	5621457

Lender

Name	21ST CENTURY BK
Type	Bank
Address	MINNEAPOLIS, MN 55401

Agreement

Amount	Amount Recorded
Term	360 Months
Due	Jun 18, 2049

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	$102,770.00 (-5.03%)	$5,326,000 (-20.76%) Land $543,900 Building $4,782,100	$5,326,000 (-20.76%) Land $543,900 Building $4,782,100
2023	$108,208.00
2022		$6,721,000 Land $543,900 Building $6,177,100	$6,721,000 Land $543,900 Building $6,177,100

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

Provider	Max Down / Up (Mbps)
CenturyLink Fiber	8,000 / 8,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	1,000 / 75
Starlink Satellite	280 / 30
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: PCs for People.

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