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MLS: #7043836, Listed By: Kristopher Jacobsen, Eos Realty, LLC, Source:FargoMoorhead Area Association of REALTORS

7632 Pleasant Avenue

Minneapolis, MN 55423
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$599,900 $2,529/Mo
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Bed 7

Bed

Bath 4

Bath

SqFt4,008

Sqft

Acres0.26

Acre(Lot)

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 consist ent 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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Detail Ic Property Details

Property Type : Residential Income

Price : $599,900

AD Id : 76983548

MLS Id : 7043836

Beds : 7

Lot Size : 0.26 Acre

Living Area Size : 4,008

Year Built : 1966

County : Hennepin

Subdivision: Ventnor Heights

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 4

    Room Information

    Has Basement: Yes Basement: Other, Block, Concrete

  • Heating & Cooling

    Has Heating: Yes

  • Building Information

    Year Built: 1966 Building Area Total: 4155 Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 75 x 122 Main Square Feet: 0.26 Acres Lot Size Acres: 0.26 Lot Size Square Feet: 11325.6 Lot Description: Near Public Transit

    Property Information

    Subdivision: Sunset Terrace Source Property Type: Residential Income Property SubType: Quadruplex Levels: Two Property Age: 60

  • Listing Price Information

    Listing Price: $599900 Original Price: $624999 Cash, Conventional

  • Tax Information

    Parcel Number: 3402824330026 Annual Tax: $9140.28

  • Parking Information

    Parking Lot
    Homeowners Association Information
    Association Amenities: Coin Laundry, Laundry, Elevator(s)

  • Location Information

    Direction: LYNDALE TO 6TH AVENUE EAST TO PLEASANT AVENUE SOUTH WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 06/14/2026 @ 05:02

MLS: 7043836 LISTED BY: Kristopher Jacobsen, Eos Realty, LLC 651-330-3359 SOURCE: FargoMoorhead Area Association of REALTORS

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