For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Well-Maintained Fourplex With Mixed Units Title is generated by Realmo AI

    7632 Pleasant Avenue, Richfield, MN 55423

    View on Map
    Claim this Listing
    For Sale
    $575,000

    MULTI_FAMILY - Richfield, MN

    Property size:
    4,008 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $143/SF
    Added:
    Apr 10, 2026
    Days on Market:
    87
    Last Refresh:
    Jul 5 at 7:06 pm

    Property Features for 7632 Pleasant Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    4
    Rooms
    Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 7, Bathroom 1, Basement
    Parking features
    Parking Lot
    Exterior features
    Brick/Stone, Stucco
    Standard status
    Active
    APN
    3402824330026
    Size
    4,008 SF
    Lot size
    0.26 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    9141

    Utilities

    Heating system
    Oil

    Building Details

    Year built
    1966

    We can help!

    Contact an agent
    Kristopher G. Jacobsen

    Listing agent Kristopher G. Jacobsen

    Listing office Eos Realty, LLC 2890 104th Court E, Saint Paul, MN

    Listing date Apr 10, 2026

    MLS# 7043836 Listing URL

    Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fourplex built in 1966 with three 2‑bedroom units and one 1‑bedroom unit
    • Month‑to‑month leases with long‑term tenants and historically low turnover
    • New boiler installed in 2025
    • Unit 2 remodel in 2024 with new carpet, fresh paint, new blinds, updated kitchen cabinets/countertops/appliances, and remodeled bathroom with tile tub/shower
    • Heating: oil; exterior features include brick/stone and stucco
    • Parking lot on site; includes basement

    Overview

    This well-maintained fourplex includes three 2-bedroom units and one 1-bedroom unit, offering a straightforward mix of layouts for residential income. The property has documented capital improvements, including a new boiler installed in 2025, newer windows, and a complete remodel of Unit 2 in 2024. Unit 2 updates include new carpet, fresh paint, new blinds, new living room windows, updated kitchen cabinets and countertops, new appliances, and a remodeled bathroom with a tiled tub/shower.

    The property is located at 7632 Pleasant Avenue in Richfield, MN 55423. The listing notes month-to-month leases with long-term tenants and historically low turnover, which can be useful for owners seeking rental flexibility while maintaining resident stability.

    With three 2-bedroom units and one 1-bedroom unit, this configuration can fit a range of tenant needs while keeping the building’s overall footprint simple to manage as a single asset. The recent interior and mechanical updates provide a measure of upkeep continuity for an owner-occupant or first-time multifamily buyer, while the month-to-month lease structure offers ongoing optionality for future rent adjustments as leases change.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Richfield
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.283723
    Latitude
    44.864299

    FAQs

    What type of property is this?
    Quadplex - Four-unit rental property featuring three 2-bedroom and one 1-bedroom unit, with recent upgrades including a 2025 boiler.
    Where is this quadplex located?
    The property is located at 7632 Pleasant Avenue Richfield, MN.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: Fourplex built in 1966 with three 2‑bedroom units and one 1‑bedroom unit; Month‑to‑month leases with long‑term tenants and historically low turnover; New boiler installed in 2025
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message