7632 Pleasant Avenue, Richfield, MN 55423

Richfield
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...

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Home facts

  • Year built:1966
  • Subdivision & Development:Sunset Terrace
  • Listing ID #:7043836
  • Added:181 day(s) ago
  • Updated:October 09, 2026 at 12:19 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
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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