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7632 Pleasant Avenue
Richfield MN 55423 US

$575,000

Pending Listing ID 7043836
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7 bed
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4,008 square feet
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4.00 Bath (4 Full)
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Lot: 0.26 Acres
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Other

$575,000

Pending Listing ID 7043836
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7632 Pleasant Avenue 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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Property Features

  • Facts
  • Lot Size: 0.26 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Exterior Finish: Brick/Stone, Stucco
  • Heating Fuels: Oil

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 575000
  • unparsedaddress: 7632 Pleasant Avenue
  • postalcity: Richfield
  • stateorprovince: MN
  • country: US
  • postalcode: 55423
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.26
  • lotsizeunits: Acres
  • lotsizearea: 0.26
  • livingarea: 4008
  • livingareaunits: Square Feet
  • latitude: 44.864299
  • longitude: -93.283723
  • listagentfullname: Kristopher G. Jacobsen
  • listagentemail: kristopher.g.jacobsen@gmail.com
  • listagentkey: 3yd-RMLSMN-68971
  • listagentmlsid: 68971
  • listagentpreferredphone: (651) 330-3359
  • listofficekey: 3yd-RMLSMN-10
  • listofficemlsid: 10
  • disclaimer: 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.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1966
  • listingcontractdate: 2026-04-10
  • listagenturl: http://www.eosrealty.com
  • countyorparish: Hennepin
  • parcelnumber: 3402824330026
  • highschooldistrict: Richfield
  • heating: Oil
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Parking Lot
  • waterfrontyn: False
  • franchiseaffiliation: None
  • exteriorfeatures: Brick/Stone, Stucco
  • rooms: Bathroom 1, Bathroom 4, Bedroom 3, Bedroom 7, Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 4, Bathroom 2, Basement, Bedroom 5, Bathroom 3
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -93.28372, 44.8643
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Eos Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kristopher.g.jacobsen@gmail.com", "ListBrokerageCity":"Saint Paul", "ListBrokerageCountry":"US", "ListBrokerageEmail":"eric.oberg@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Eos Realty, LLC", "ListBrokeragePhone":"(651) 330-3359", "ListBrokeragePostalCode":"55104", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1426 Minnehaha Ave. W.", "ListBrokerageWebsiteUrl":"http://www.eosrealty.com", "ListOfficeAddress1":"2890 104th Court E ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"10", "ListOfficeCity":"Inver Grove Heights", "ListOfficeCountry":"US", "ListOfficeEmail":"eric.oberg@gmail.com", "ListOfficePostalCode":"55077", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Richfield, MN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/7632-Pleasant-Ave_Minneapolis_MN_55423_M71565-74193?f=listhub&s=RMLSMN&m=7043836&c=rexren", "MLSModificationTimestamp":"2026-08-11 19:26:52", "Neighborhoods":[{"Description":null, "Name":"Sunset Terrace"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9141, "TaxDescription":null, "TaxYear":"2026"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/11/2026 7:29:53 PM GMT
Source Updated Date: 8/22/2026 12:47:50 AM GMT

Courtesy of: Kristopher G. Jacobsen, Eos Realty, LLC, kristopher.g.jacobsen@gmail.com

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.