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    2755 Penn Ave N Minneapolis, MN 55411

    For Sale
    $125,000

    Lots & Land - Minneapolis, MN

    Lot size:
    0.12 Acres
    Days on Market:
    444
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 2755 Penn Ave N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential-Single Family
    APN
    0802924440167
    Lot size
    0.12 Acres

    Building Details

    Architectural style
    Other

    beycome (844) 239-2663 [email protected]

    Listing agent Steve Koleno (844) 239-2663

    Listing date Sep 18, 2024

    MLS# 6542974 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Minneapolis

    This residential land, located in Minneapolis, Minnesota, is ready for construction. The 0.12-acre lot is zoned for residential single-family use, with allowances for both duplex and single-family homes. Essential utilities, including water and electrical connections, are already in place, facilitating a smoother building process.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.308599
    Latitude
    45.009383

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    FAQs

    What type of property is this?
    Residential land & home lot - Ready-to-build lot suitable for duplex or single-family home.
    Where is this residential land & home lot located?
    The property is located at 2755 Penn Ave N Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Ready to build property.; - Duplex and single family home allowed.; - Water connected.
    (844) 239-2663
    Request Owner's contact information
    2755 Penn Ave N Minneapolis, MN 55411
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    Minneapolis, MN 55411
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2755 Penn Ave N Minneapolis, MN 55411
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