701 Central Ave NE, Minneapolis, MN 55414 Property Records

Hennepin County property record for 701 Central Ave NE, Minneapolis, MN 55414

Property Summary

Property Type	Apartments (5+ Units)
Details	195 bd · 233,560 sqft · built 2019
Lot Size	0.72 acres (31,363 sqft)
Owner	Company Name on File
Last Sale	$48,600,000 (Dec 2021)
Tax Bill	$589,207 (2025)
Deeds & Mortgages	Dec 2021 Sale & Mortgage Nov 2018 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`14-029-24-44-0244`

Property Details

APN / Parcel Number

Primary APN	`14-029-24-44-0244`

Interior

Bedrooms	195 Beds
Stories	7 Stories
Building Area	233,560 sqft Living Area
Gross Area	274,859 sqft
Basement Area	41,299 sqft

Exterior

Year Built	Built 2019
Effective Year Built	Effective 2019
Exterior Material	Metal
Construction Type	Concrete
Roof Type	Flat
Lot Area	31,363 sqft (0.72 acres)

Utilities, Heating & Cooling

Heating System	Forced Air with A/C

Location & Zoning

Street Address	701 CENTRAL AVE NE
City	MINNEAPOLIS
State	MN
Zip	55414-1120
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	I1
Legal Description	LOT 006 BLOCK 035 A CUMMINGS & BROTTS ADDN LOT 6 AND LOT 5 EXCEPT THE NORTHWESTERLY 30 FEET THEREOF, BLOCK 35, CUMMINGS & BROTTS ADDITION TO THE TOWN OF SAINT ANTHONY FALLS; AND T IRREGULAR
Legal Range	24
Legal Township	029
Legal Section	14
Legal Quarter	44
Legal Subdivision	CUMMINGS & BROTTS ADDN
Legal Block	35
Legal Lot Number	6
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	2
Census Block	2000
Census Tract	103600

Owner

Source: Hennepin County records, as of June 23, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on File
Mailing Address	2800 POST OAK BLVD, 4800, HOUSTON, TX 77056-6123
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Dec 17, 2021	Warranty Deed, Transfer · Unknown ING CAPITAL LLC
Nov 1, 2018	Warranty Deed, Transfer OLD NAT'L BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 17, 2021 · Amount on File
Deed Sale	Dec 17, 2021 · Amount on File
Prior Sale	Nov 1, 2018 · Amount on File
Deed Document Number	20215907224
Record Updated	Sep 20, 2026

December 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Dec 17, 2021
Property Address	701 CENTRAL AVE NE, MINNEAPOLIS, MN 55414-1120
Document Number	0T05907224
Instrument Date	Dec 15, 2021
Instrument	T05907224
Transaction Type	Transfer
Record Updated	Aug 15, 2022
Title Company	FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INS CO

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Estimated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2800 POST OAK BLVD STE 4800, 4800, HOUSTON, TX 77056-6123

Mortgage

Document Number	0T05907225
Date	Dec 17, 2021
Instrument	T05907225

Lender

Name	ING CAPITAL LLC
Type	Non-Lending Institution

Agreement

Type	Unknown
Amount	Amount on Record
Term	60 Months
Due	Dec 15, 2026

November 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Nov 1, 2018
Property Address	701 CENTRAL AVE NE, MINNEAPOLIS, MN 55414-1120
Document Number	0005572225
Instrument Date	Oct 31, 2018
Instrument	5572225
Transaction Type	Transfer
Record Updated	Jan 22, 2021
Title Company	COMMERCIAL PARTNERS TITLE

Transaction

Amount	Amount on Record
Tax	$3,138.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	701 CENTRAL AVE NE MINNEAPOLIS MN 554141120, MINNEAPOLIS, MN 55414-1120

Mortgage

Document Number	5572226
Date	Nov 1, 2018
Instrument	5572226

Lender

Name	OLD NAT'L BK
Type	Bank
Address	10710 TOWN SQUARE DR NE, BLAINE, MN 55449-8102

Agreement

Amount	Amount on Record
Term	120 Months
Due	Oct 31, 2028

Mortgage

Document Number	5572227,
Date	Nov 1, 2018
Instrument	5572227

Lender

Name	CENTRAL MEZZ LLC
Address	300 PRAIRIE CENTER DR # 245, EDEN PRAIRIE, MN 55344-7903

Agreement

Amount	Amount on Record
Term	24 Months
Due	Oct 31, 2020

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	$589,207.00 (+1.43%)	$30,980,000 (-14.14%) Land $1,140,600 Building $29,839,400	$30,980,000 (-14.14%) Land $1,140,600 Building $29,839,400
2023	$580,884.00
2022		$36,080,000 Land $1,140,600 Building $34,939,400	$36,080,000 Land $1,140,600 Building $34,939,400

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

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: CenturyLink, Verizon.

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