# 7632 Pleasant Avenue, Richfield, MN 55423 > **TL;DR:** 7bd/4ba residential multi family, $549,999 ($137/sqft), built 1966, 4,008 sqft. Est. $2,941/mo. Listed 24 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $549,999 | | Price/sqft | $137 | | Bedrooms | 7 | | Bathrooms | 4 full | | Square Feet | 4,008 | | Year Built | 1966 | | Lot Size | 11,326 sqft (0.26 acres) | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 24 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,781 | | Estimated Insurance | $160 | | **Total** | **$2,941** | ## Property Highlights - Built in 1966 - 0.26 acre lot ## Description ### Agent 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. ## Location - **Address:** 7632 Pleasant Avenue, Richfield, MN 55423 - **County:** Hennepin - **Neighborhood:** Sunset Terrace - **Coordinates:** 44.864299, -93.283723 - **Google Maps:** https://www.google.com/maps?q=44.864299,-93.283723 ## Listing Agent - **Name:** Kristopher G. Jacobsen - **Brokerage:** Eos Realty, LLC - **Broker Phone:** (651) 330-3359 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/7632-Pleasant-Ave_Minneapolis_MN_55423_M71565-74193?f=listhub&s=RMLSMN&m=7158188&c=propsimple) ## Photos ![7632 Pleasant Avenue - Photo 1](http://lh.rdcpix.com/6bef8c4cabadbb3bda25292eb0e68a51l-f3049028304r.jpg) ![7632 Pleasant Avenue - Photo 2](http://lh.rdcpix.com/6bef8c4cabadbb3bda25292eb0e68a51l-f3539017996r.jpg) ![7632 Pleasant Avenue - Photo 3](http://lh.rdcpix.com/6bef8c4cabadbb3bda25292eb0e68a51l-f3120983834r.jpg) ![7632 Pleasant Avenue - Photo 4](http://lh.rdcpix.com/6bef8c4cabadbb3bda25292eb0e68a51l-f1368895638r.jpg) ![7632 Pleasant Avenue - Photo 5](http://lh.rdcpix.com/6bef8c4cabadbb3bda25292eb0e68a51l-f4169441082r.jpg) ![7632 Pleasant Avenue - Photo 6](http://lh.rdcpix.com/6bef8c4cabadbb3bda25292eb0e68a51l-f2017116990r.jpg) ![7632 Pleasant Avenue - Photo 7](http://lh.rdcpix.com/6bef8c4cabadbb3bda25292eb0e68a51l-f1936523727r.jpg) ![7632 Pleasant Avenue - Photo 8](http://lh.rdcpix.com/6bef8c4cabadbb3bda25292eb0e68a51l-f398197208r.jpg) ![7632 Pleasant Avenue - Photo 9](http://lh.rdcpix.com/6bef8c4cabadbb3bda25292eb0e68a51l-f2621670912r.jpg) ![7632 Pleasant Avenue - Photo 10](http://lh.rdcpix.com/6bef8c4cabadbb3bda25292eb0e68a51l-f1015194967r.jpg) ![7632 Pleasant Avenue - Photo 11](http://lh.rdcpix.com/6bef8c4cabadbb3bda25292eb0e68a51l-f3740005020r.jpg) ![7632 Pleasant Avenue - Photo 12](http://lh.rdcpix.com/6bef8c4cabadbb3bda25292eb0e68a51l-f2466425385r.jpg) ![7632 Pleasant Avenue - Photo 13](http://lh.rdcpix.com/6bef8c4cabadbb3bda25292eb0e68a51l-f3686680719r.jpg) ![7632 Pleasant Avenue - Photo 14](http://lh.rdcpix.com/6bef8c4cabadbb3bda25292eb0e68a51l-f2353909828r.jpg) ![7632 Pleasant Avenue - Photo 15](http://lh.rdcpix.com/6bef8c4cabadbb3bda25292eb0e68a51l-f2584934713r.jpg) ![7632 Pleasant Avenue - Photo 16](http://lh.rdcpix.com/6bef8c4cabadbb3bda25292eb0e68a51l-f1173565741r.jpg) --- **MLS#:** 7158188 | **Updated:** 2026-10-25 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/7632-pleasant-avenue-richfield-mn-55423-4a2f31dd0f5a4a27a7d606f67ec826b6) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/7632-pleasant-avenue-richfield-mn-55423-4a2f31dd0f5a4a27a7d606f67ec826b6#listing", "url": "https://www.propertysimple.ai/listing/7632-pleasant-avenue-richfield-mn-55423-4a2f31dd0f5a4a27a7d606f67ec826b6", "name": "7632 Pleasant Avenue, Richfield, MN 55423", "description": "Rarely available fourplex in a highly convenient Richfield location offering strong rental demand and long-term tenants. 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