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Commercial (General)Commercial
Last sold for $8,600,000 on Oct 4, 2018

331 2ND AVE S

MINNEAPOLIS, MN 55401
0
Baths
137,827 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.35 ac
Lot SizeThe size of the land the home sits on, from county records.
1982
Year BuiltThe year the home was originally built, according to county records.
9
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$8,600,000 · Oct 4, 2018

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$195,961 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$4,891,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,842,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$3,048,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$6,830,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$4,891,600

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Commercial (General)
CountyHENNEPIN
Lot (acres)The size of the land the home sits on, from county records.0.35
ConstructionThe main material the home's frame and walls are built from.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Roll Tar & Gravel
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(6)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Webster Community SchoolD-
Elementary · Grades PK–5 · 1.2 mi
H
Edison High SchoolC
High · Grades 9–12 · 2.3 mi
M
Northeast Community Middle SchoolD
Middle · Grades 6–8 · 3.4 mi

District: Minneapolis Public School District

Neighborhood · ZIP 55401These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.167
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.13

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.40%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.12,952
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.12,383 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$121,064
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$159,812
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

331 2nd Ave S measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the largest homes in Hennepin County
  • Has a smaller lot than 98% of homes in Downtown West
  • Newer than 65% of homes in Hennepin County

How it measures up in Minneapolis 55401

The dot is this home. The mark in the middle is the typical home in Minneapolis 55401.

Living area137,827 ft²
SmallerTypical 1,048 ft²Bigger

Bigger than almost all homes nearby

Lot size0.35 ac
SmallerTypical 1.54 acBigger

Bigger than 3% of homes nearby

Year built1982
OlderTypical 2000Newer

Newer than 38% of homes nearby

How 331 2nd Ave S ranks against every home in each area.
MeasureThis homeDowntown WestMinneapolis 55401Hennepin County
Living areabigger than137,827 ft²almost all homesalmost all homesalmost all homes
Lot sizebigger than0.35 ac2% of homes3% of homes67% of homes
Year builtnewer than198250% of homes38% of homes65% of homes

About 331 2nd Ave S

When did 331 2nd Ave S, Minneapolis, MN last sell?

331 2nd Ave S, Minneapolis, MN last sold on Oct 4, 2018 for $8,600,000, according to the county's recorded deed. TopHap holds 6 recorded sales for this parcel.

How big is 331 2nd Ave S, Minneapolis, MN?

331 2nd Ave S, Minneapolis, MN has 137,827 square feet of living space and a 0.35-acre lot.

When was 331 2nd Ave S, Minneapolis, MN built?

331 2nd Ave S, Minneapolis, MN was built in 1982, making it 44 years old. The building has 9 stories.

What schools serve 331 2nd Ave S, Minneapolis, MN?

331 2nd Ave S, Minneapolis, MN is assigned to Webster Community School (elementary), rated D-; Edison High School (high), rated C; Northeast Community Middle School (middle), rated D. All sit in Minneapolis Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 331 2nd Ave S, Minneapolis, MN compare to other homes in Minneapolis 55401?

Among the 5,622 homes in Minneapolis 55401, it is bigger than almost all of them (137,827 ft² against a typical 1,048 ft²), its lot is bigger than 3% of them (0.35 ac against a typical 1.54 ac) and it is newer than 38% of them (1982 against a typical 2000). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 331 2nd Ave S, Minneapolis, MN?

The 2025 property tax bill for 331 2nd Ave S, Minneapolis, MN was $195,961. The county assessed it at $4,891,600.

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