Residential Land for Sale in Bloomington, Minnesota

8545 Penn Ave S, Bloomington, MN 55431

$925,000

0.99 acres

Active sale

$70k drop

Est $4,897/mo

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).

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Sq feet

Location

Street address: 8545 Penn Ave S
County: Hennepin County
Zip code: 55431
School district: Bloomington
Elevation: 840 feet
Coordinates: 44.8486, -93.3082

Land for sale in Minnesota

Property details

Lot size: 0.99 acres43,124 sq ft
Zoning: Residential-Single Family
MLS #: RMLS 6641244
Posted: Feb 26, 202516 months ago

Property taxes

2024: $2,057

Parcels

0402724330001

Details and features

Listing

Type: Land
Franchise: RE/MAX International

Property utilities

Category	Type	Status
Water	Public	Available

Listing history

Date	Event	Price	Change	Source
Feb 18, 2026	Price drop	$925,000	$70,000 -7%	RMLS
July 15, 2025	Price drop	$995,000	$155,000 -13.5%	RMLS
Feb 26, 2025	New listing	$1,150,000	—	RMLS

Payment calculator

This 0.99-acre property is located at 8545 Penn Ave S in Bloomington, MN 55431. The property is available for sale, priced at $925,000. It has a structure.

Listed by RE/MAX Results, (952) 829-2900

Checked 1 hour agoUpdated June 30, 2026Source

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