# 7632 Pleasant Avenue, Richfield, MN 55423

> **TL;DR:** 7bd/0ba other, $599,900 ($150/sqft), built 1966, 4,008 sqft. Est. $2,600/mo. Listed 52 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $599,900 |
| Price/sqft | $150 |
| Bedrooms | 7 |
| Square Feet | 4,008 |
| Year Built | 1966 |
| Lot Size | 11,326 sqft (0.26 acres) |
| Property Type | Other (Other) |
| Status | For Sale |
| Days on Market | 52 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,600 |
| **Total** | **$2,600** |

## 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
- **Phone:** 6512705429
- **Email:** kristopher.g.jacobsen@gmail.com

## Primary Photo

![7632 Pleasant Avenue - Primary Photo](http://lh.rdcpix.com/1b618c3a56d0a76a78bc0233020dd658l-f3580384298r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/7632-pleasant-avenue-richfield-mn-55423-7043836)*

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**MLS#:** 7043836 | **Updated:** 2026-06-18
**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.com/listing/7632-pleasant-avenue-richfield-mn-55423-7043836)

---

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