7632 Pleasant Avenue, Richfield, MN 55423
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
7632 Pleasant Avenue,Richfield, MN 55423
$575,000
- 7 Beds
- 4 Baths
- 4,008 sq. ft.
- Multi-family
- Active
Listed by: kristopher g. jacobsen
Office: eos realty, llc.
MLS#:7043836
Source:NSMLS
Price summary
- Price:$575,000
- Price per sq. ft.:$138.39
About this home
Rarely available fourplex in a highly convenient Richfield location offering strong rental demand and long-term tenants. This well-maintained property features three 2-bedroom units and one 1-bedroom unit, making it an ideal addition to an investor’s portfolio, owner occupant or a great opportunity for a first-time multifamily buyer looking to build passive income.
Recent capital improvements provide peace of mind, including a new boiler (2025), newer windows and a complete remodel of Unit 2 in 2024 featuring new carpet, fresh paint, new blinds, new living room windows, updated kitchen cabinets, countertops, appliances, and remodeled bathroom with tile tub/shower. The property benefits from month-to-month leases with long-term tenants and historically low turnover, helping provide consistent income and flexibility for future rent adjustments.
Located in Southwest Richfield, the property offers excellent accessibility to major highways, shopping, restaurants, and parks, and is just minutes from the Mall of America and MSP Airport, making it an attractive location for renters. The neighborhood also offers strong amenities and transportation access, further supporting long-term rental demand....
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Home facts
- Year built:1966
- Listing ID #:7043836
- Added:90 day(s) ago
- Updated:July 10, 2026 at 12:18 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Basement:Yes
- Basement Description:Block
- Living area:4,008 sq. ft.
Heating and cooling
- Heating:Boiler
Structure and exterior
- Year built:1966
- Building area:4,008 sq. ft.
- Lot area:0.26 Acres
- Lot Features:Public Transit (w/in 6 blks)
- Levels:2 Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$575,000
- Price per sq. ft.:$138.39
- Tax amount:$9,141 (2026)
Features and amenities
- Laundry features:Coin-op Laundry Owned
Parking
- Parking description:Parking Lot
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