$624,999

7632 Pleasant Avenue, Richfield, MN 55423

  • 7 beds |
  • 4 baths |
  • 4,008 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1966
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $156/sqft
  • Property List Date Icon Listed 20 days ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
May 1, 2026 at 12:16AM
Listing Office:
Eos Realty, LLC : 651-330-3359
MLS ID:
7043836
  • Laundry: In BasementCommon Area
  • Basement: BlockOther
  • Heating: Boiler
  • General: StoneStucco
  • Parking: Parking Lot
  • General: TwoBlock
  • HOA Amenities: LaundryCoin-op Laundry Owned
  • Originating MLS: northstar
  • School District: Richfield
  • County: Hennepin
  • Zoning: 3402824330026
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected
  • Source: northstar

This listing courtesy of Eos Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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