8545 Penn Avenue S, Minneapolis, MN 55431 (MLS# 6641244)

8545 Penn Avenue S, Minneapolis, MN 55431

$925,000
Property Type: Land Lot Size (sq. ft.): 81,457 Status: Active
Current Price: $925,000 List Date: 2/26/2025 Last Modified: 8/13/2026

Overview

Description

Guided medium density zoned R-3 1.88 acre site in the heart of Bloomington. --> Could be townhomes, duplexes, triplexes, fourplexes, detached townhomes (villas) or cottage courts and a whole lot more! --> Prior approved site plan with access to 86th Street and Penn Avenue (emergency exit).

Listing Details MLS# 6641244

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
No
Waterfront YN
No
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Lot Dimensions
329 x 270 x 284 x 266
Acres
1.87
Assessment Pending
No
Association Fee
0

Property Features

Available Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Available; Sewer Connected; Storm Sewer Available; Underground Utilities Available; Water Available; Water Connected Development Status: Plat Designed Improvements: Curbs; Paved Streets; Public Road; Storm Sewer Land Inclusions: None Topography: Level

Contract Information

Contingency
None
Original List Price
1150000
ListPrice
925000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
8545
Street Name
Penn
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55431

Assessments

Tax With Assessments
2057
Assessment Balance
0

Builder Information

Builder Restrictions
Open

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
04
Township#
27

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
UNPLATTED 04 027 24 THAT PART OF THE W 300 FT OF THE S 1/3 OF SW 1/4 OF THE SW 1/4 LYING N OF TOWN ROAD AND S OF THE N 145 2/10 FT THEREOF EX ROAD
Listing City
Bloomington
Map Page
134
Municipality
Bloomington
School District
Bloomington
School District Phone
952-681-6400
Zip Plus 4
3825
Property ID Number
0402724330001
Tax Year
2024
Tax Amount
2057
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Guided medium density zoned R-3 1.88 acre site in the heart of Bloomington. --> Could be townhomes, duplexes, triplexes, fourplexes, detached townhomes (villas) or cottage courts and a whole lot more! --> Prior approved site plan with access to 86th Street and Penn Avenue (emergency exit).
Directions
Penn Ave to property

Development Status

Plat Designed
Yes

Insurance Fee

Insurance Fee
0

Restriction/Covenants

None
Yes

Topography

Level
Yes

Available Utilities

Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Sewer Available
Yes
Sewer Connected
Yes
Storm Sewer Available
Yes
Underground Utilities Available
Yes
Water Available
Yes
Water Connected
Yes

Improvements

Curbs
Yes
Paved Streets
Yes
Public Road
Yes
Storm Sewer
Yes

Land Inclusions

None
Yes
IDX
Listing Office: RE/MAX Results
Last Updated: August - 13 - 2026
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