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7632 Pleasant Avenue, 
Richfield, MN 55423

$624,999

7

Beds

4

Baths

4,008

Sq Ft

Multi-Family

Active

Listed by

Kristopher G. Jacobsen

Eos Realty, LLC.

651-330-3359

Last updated:

April 23, 2026, 12:08 PM

MLS#

7043836

Source:

NSMLS

About This Home

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.

Home Facts

Multi-Family

4 Baths

7 Bedrooms

Built in 1966

Price Summary

624,999

$155 per Sq. Ft.

MLS #:

7043836

Last Updated:

April 23, 2026, 12:08 PM

Added:

14 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

4,008 Sq. Ft.

Structure

Structure

Building Area:

4,155 Sq. Ft.

Year Built:

1966

Lot

Lot Size (Sq. Ft):

11,325

Finances & Disclosures

Finances

Price:

$624,999

Price per Sq. Ft:

$155 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.