8545 Penn Ave S

$995,000
Price
43,124 / 0.99
Lot Size / Acres

Description

Shovel-ready development opportunity available. Plat and development plan approved for 15 townhome units by the city of Bloomington. --> Seller has removed existing structures and completed a rough grade of the lot. Sale includes 8525 + 8545 Penn Ave (PIDs: 04-027-24-33-0002 & 04-027-24-33-0001). Site comes with entitlement, all civil and architectural plans, survey and geotechnical report.Shovel-ready development opportunity available. Plat and development plan approved for 15 townhome units by the city of Bloomington. --> Seller has removed existing structures and completed a rough grade of the lot. Sale includes 8525 + 8545 Penn Ave (PIDs: 04-027-24-33-0002 & 04-027-24-33-0001). Site comes with entitlement, all civil and architectural plans, survey and geotechnical report.
  1. Listed by RE/MAX Results

Property Details for 8545 Penn Avenue South

Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 12/12/2025 01:30 PM

Property Details for 8545 Penn Avenue South

StatusActive
MLS #6641244
Days on Compass1
Taxes$2,057 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.99 AC
CountyHennepin County

Location

Listing Courtesy of RE/MAX Results
Add your commute

Building Information for 8545 Penn Avenue South

Lot Size0.99 AC

Payment Calculator

$5,088 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,917

Property Taxes

$171

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8545 Penn Avenue South

Summary
Location and General Information
  • City Name: Bloomington
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Penn Ave to property
  • Latitude: 44.848623
  • Longitude: -93.308167
  • Map Coordinate: 134-B3
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55431
  • State Or Province: MN
  • Public Survey Township: 27
  • Topography: Level
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 0402724330001
  • Tax Annual Amount: $2,057.00
  • Tax 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
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 2057
School Information
  • High School District: 1227 - Bloomington
  • School District Number: 1227
  • School District Phone: 9526816400
Property
Lot Information
  • Living Area Units: Square Feet
  • Lot Size Area: 0.99
  • Lot Size Dimensions: 329 x 270 x 284 x 266
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Program Acres Total: 0
  • Property Type: Land
Property and Assessments
  • Development Amenity Type: No
Utilities
  • 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
Interior and Exterior Features
Interior Features
  • Basement YN: No

Property History for 8545 Penn Avenue South

DateEvent & SourcePriceAppreciation
Jul 15, 2025

Price Change

NorthStar #6641244

$995,000
Feb 26, 2025

Listed (Active)

NorthStar #6641244

$1,150,000
Dec 19, 2013

Sold

Lake Superior Area REALTORS #2117391

$304,350
Dec 9, 2013

Pending

Lake Superior Area REALTORS #2117391

Oct 31, 2013

Listed (Active)

Lake Superior Area REALTORS #2117391

$399,900
DateEvent & SourcePrice
07/15/2025

Price Change

NorthStar #6641244

$995,000
02/26/2025

Listed (Active)

NorthStar #6641244

$1,150,000
12/19/2013

Sold

Lake Superior Area REALTORS #2117391

$304,350
12/09/2013

Pending

Lake Superior Area REALTORS #2117391

10/31/2013

Listed (Active)

Lake Superior Area REALTORS #2117391

$399,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8545 Penn Avenue South

Taxable ValueLand$161,400Additions-Total$161,400
Tax Record2025$2,550 ($212 / month)
Home Facts
Beds4Baths2.2Total Finished SqFt1,573 SqFtAbove Grade Finished SqFt1,573 SqFtStories1Lot Size43,124 SqFtStyleResidentialYear Built1954CountyHENNEPINAPN04-027-24-33-0001

Schools near 8545 Penn Avenue South

This home is within Bloomington Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Washburn Elementary School
PublicPK to 5

Valley View Middle School
Public6 to 8

Kennedy Senior High School
Public9 to 12

Choice Alternative High School Is
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

8545 Penn Avenue South is a 0.99 ac of land for sale in Bloomington, MN 55431. This property was listed for sale on February 26, 2025 by RE/MAX Results, it's currently listed at $995,000. It has been on the market for a total of 0 days and was last sold on December 19, 2013. This listing's school district is Bloomington Public School District. Nearby schools include Washburn Elementary School, Valley View Middle School and Kennedy Senior High School. 8545 Penn Avenue South is a 0-bed, 0-bath, 0.99 ac of land on a 43,124 sq. ft. / 0.99 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Results

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/13/2025 08:09 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.