7632 Pleasant Avenue Richfield, MN 55423

$624,999
Active
estimated monthly payment
7 Beds  |  4 Baths  |  4,008 Sq Ft  |  Fourplex  |  MLS # 7043836
  • 7632 Pleasant Avenue, Richfield, MN 55423 Listing Photo  1
  • 7632 Pleasant Avenue, Richfield, MN 55423 Listing Photo  2
  • 7632 Pleasant Avenue, Richfield, MN 55423 Listing Photo  3
  • 7632 Pleasant Avenue, Richfield, MN 55423 Listing Photo  4
  • 7632 Pleasant Avenue, Richfield, MN 55423 Listing Photo  5
  • 7632 Pleasant Avenue, Richfield, MN 55423 Listing Photo  6
  • 7632 Pleasant Avenue, Richfield, MN 55423 Listing Photo  7
  • 7632 Pleasant Avenue, Richfield, MN 55423 Listing Photo  8
  • 7632 Pleasant Avenue, Richfield, MN 55423 Listing Photo  9
  • 7632 Pleasant Avenue, Richfield, MN 55423 Listing Photo  10
  • 7632 Pleasant Avenue, Richfield, MN 55423 Listing Photo  11
  • 7632 Pleasant Avenue, Richfield, MN 55423 Listing Photo  12
  • 7632 Pleasant Avenue, Richfield, MN 55423 Listing Photo  13
  • 7632 Pleasant Avenue, Richfield, MN 55423 Listing Photo  14
  • 7632 Pleasant Avenue, Richfield, MN 55423 Listing Photo  15
  • 7632 Pleasant Avenue, Richfield, MN 55423 Listing Photo  16

About The Listing

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 courtesy of Kristopher G. Jacobsen, Eos Realty, LLC
Purchase Price
Loan Type
Down Payment
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
Private Mortgage Insurance
Ask a Question
Your message has been sent.
Oops! that doesn't seem right.
SEND
Sign Up for a Free Monthly Market Report
Never miss out on the latest stats trends and homes in your community.
Get It Now

Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1966
MLS #: 7043836
Bedrooms: 7
Square Feet: 4,008
Price Per Square Foot: $156
Garage Spaces: 0
Parking Description: Parking Lot
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Boiler
Basement: Block, Other
Foundation Type: Block
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 04/21/2026
List Date: 04/10/2026
Listing Agent ID: 506006175
Listing Office: Eos Realty, LLC
Listing Office ID: 10353
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Laundry Features: In Basement, Common Area
Exterior Features: Stone, Stucco
Lot Dimensions: 75 x 122
Lot Size: 0.26 Acres
Lot Features: Public Transit (w/in 6 blks)
School District: Richfield
Tax Year: 2026
Estimated Taxes: $9,141
Contingency Type: None
City: Richfield
Zip: 55423
County: Hennepin
Subdivision: Sunset Terrace
State: MN

Similar Homes

Listing last updated: 04/21/26

® Copyright 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Digital Millennium Copyright Act (DMCA) Notice The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to Michael Bisping, Director, Customer Relations, Regional Multiple Listing Service of Minnesota, Inc, 2550 University Avenue West, Suite 259S Saint Paul, MN 55114 or by email to mbisping@northstarmls.com. Questions can be directed by phone to 651-251-3200. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint. Information Deemed Reliable but not guaranteed.