Taxes
- Assessed Value: $18,960,000
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 23-029-24-24-0109
- Assessed Land Value: 895500
- Market Land Value: 895500
- Tax Amount: 378940.72
- Tax Year: 2025
- Market Value: 18960000
- Market Year: 2025
116 E Hennepin Ave; Minneapolis, MN Property Details
Off market
116 E Hennepin Ave Minneapolis, MN 55414
$18,960,000 Estimated Value
107 Beds
99,920 SqFt
Property Type
Apt House 5+ UnitsProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1905
- Purchase Price: $1,900,000
- Inv. Liens / Amount: 1 / $406
- APN: 23-029-24-24-0109
- Situs County: Hennepin
- Length Of Ownership: 10 years, 3 months
Rooms
- Bedrooms: 107
Structure
- Building Style: Concrete
- Stories: 6
- Exterior Wall Type: Stucco
- Building Condition: Average
- Building Quality: D
- Roof Type: Flat
- Roof Cover Type: Tar & Gravel
Measurements
- Total: 99,920/SqFt
- Lot: 19,602/SqFt
- Gross: 119,705/SqFt
- Living: 99,920/SqFt
- Basement: 19,785/SqFt
- Building: 119,705/SqFt
- Ground: 7,501/SqFt
- Price Per Square Foot: $19.02
Legal Description
- Description: LOT 001 BLOCK 007 A RESURVEY OF THE SUBD OF GROUNDS LOTS 1 THRU 6 INCL AND THAT PART OF LOT 22 LYING NWLY OF SELY 70.61 FT THOF 165.00 X 138.00
Building Insights
Land Information
- Property Type: Apt House 5+ Units
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Minneapolis Public School District
- Lat / Lon: 44.987064 / -93.258
- Subdivision: Resurvey Of The Subd Of Grounds
- Property Class: Residential
- Zoning: C3A
- County Use Code: A
Amenities
- Cooling: Yes
- Garage: Garage
- Heating: Forced air unit
- Parking: 64
Ownership Info
116 E Hennepin Ave has no associated ownership info
116 E Hennepin Ave has no associated ownership info.
Taxes
116 E Hennepin Ave has 10 associated Taxes items
116 E Hennepin Ave, Minneapolis, MN pays taxes in Hennepin County, MN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $18,960,000. The APN we've located for 116 E Hennepin Ave is 23-029-24-24-0109.
Unlock the full reportTax History
116 E Hennepin Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $18,960,000 | Land Value $895,500 | Improvement Value $18,064,500 | Tax Amount $378,940.72 | Change Rate +0.00457% | Assessed CR | Tax Rate +0.019986% |
| Year 2024 | Assessed Value $19,630,000 | Land Value $474,600 | Improvement Value $19,155,400 | Tax Amount $377,216.91 | Change Rate +0.152642% | Assessed CR | Tax Rate +0.019216% |
| Year 2023 | Assessed Value $19,400,000 | Land Value $474,600 | Improvement Value $18,925,400 | Tax Amount $327,262.91 | Change Rate -0.118376% | Assessed CR | Tax Rate +0.016869% |
| Year 2022 | Assessed Value $19,765,800 | Land Value $449,900 | Improvement Value $19,315,900 | Tax Amount $371,204.47 | Change Rate +0.049008% | Assessed CR | Tax Rate +0.01878% |
| Year 2021 | Assessed Value $19,045,300 | Land Value $441,900 | Improvement Value $18,603,400 | Tax Amount $353,862.5 | Change Rate -0.012861% | Assessed CR | Tax Rate +0.01858% |
| Year 2020 | Assessed Value $20,470,000 | Land Value $895,500 | Improvement Value $19,574,500 | Tax Amount $358,472.75 | Change Rate +0.022996% | Assessed CR | Tax Rate +0.017512% |
| Year 2019 | Assessed Value $17,017,400 | Land Value $817,100 | Improvement Value $16,200,300 | Tax Amount $350,414.69 | Change Rate +11.14258% | Assessed CR | Tax Rate +0.020592% |
| Year 2018 | Assessed Value $16,017,400 | Land Value $722,400 | Improvement Value $15,295,000 | Tax Amount $28,858.34 | Change Rate -0.240671% | Assessed CR | Tax Rate +0.001802% |
| Year 2017 | Assessed Value $1,249,500 | Land Value $746,300 | Improvement Value $503,200 | Tax Amount $38,005.04 | Change Rate -0.000437% | Assessed CR | Tax Rate +0.030416% |
| Year 2016 | Assessed Value $1,213,000 | Land Value $497,500 | Improvement Value $715,500 | Tax Amount $38,021.64 | Change Rate +0.04594% | Assessed CR | Tax Rate +0.031345% |
| Year 2015 | Assessed Value $1,102,500 | Land Value $457,700 | Improvement Value $644,800 | Tax Amount $36,351.64 | Change Rate | Assessed CR | Tax Rate +0.032972% |
| Year 2014 | Assessed Value $1,050,000 | Land Value $457,700 | Improvement Value $592,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |