# 8545 Penn Avenue S, Bloomington, MN 55431

> **TL;DR:** land, $925,000. Est. $4,008/mo. Listed 459 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $925,000 |
| Lot Size | 43,124 sqft (0.99 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 459 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,008 |
| **Total** | **$4,008** |

## Property Highlights

- 0.99 acre lot

## Description

### AI Summary
A 0.99 acre lot guided under medium density R-3 zoning forms the core of this property in Bloomington. The site supports a range of residential configurations including townhomes, duplexes, triplexes, fourplexes, detached townhomes or cottage courts. A prior approved site plan outlines access from 86th Street along with an emergency exit onto Penn Avenue. Positioned at 8545 Penn Avenue S, the land sits ready for development without existing structures. Bloomington currently shows 69 active listings with an average price near $383,580, placing this parcel in a market segment suited to multi-unit projects. The zoning and pre-approved layout provide a clear framework for builders exploring medium-density options on the 0.99 acre parcel.

### Agent 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).

## Location

- **Address:** 8545 Penn Avenue S, Bloomington, MN 55431
- **County:** Hennepin
- **Coordinates:** 44.848623, -93.308167
- **Google Maps:** https://www.google.com/maps?q=44.848623,-93.308167

## Listing Agent

- **Name:** Tim Murphy
- **Brokerage:** RE/MAX Results
- **Phone:** 9522230999
- **Email:** concierge@metropolitanhometeam.com

## Primary Photo

![8545 Penn Avenue S - Primary Photo](http://lh.rdcpix.com/162c39b2093d57d610bd3e50981cbcc0l-f2582110234r.jpg)

*4 total photos available on [listing page](https://www.propertysimple.com/listing/8545-penn-avenue-s-bloomington-mn-55431-6641244)*

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**MLS#:** 6641244 | **Updated:** 2026-06-24
**Source:** listhub

*Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/8545-penn-avenue-s-bloomington-mn-55431-6641244)

---

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