$565,000
SOLD AUG 29, 2025

7007 Portland Ave Richfield, MN 55423

6 Beds
4 Baths
3,008 Sq Ft
0.34 Acres

Recently Sold

$188 Per Sq Ft

6% Below List Price

56 Days on Market

About This Home

As of August 2025

Turnkey Investment - Must See! Spacious, move-in ready bungalow in a prime location. Minutes away from the airport, Mall of America, Woodlake Nature Center, pools, ice arena, and 100+ parks and trails. Bus stop tight outside for easy city access. Large backyard wit Trex deck--great for entertaining. Close to shopping and highways. Perfect as a rental or owner-occupied property.

Last Agent to Sell the Property

Ashton Sivilay

Bridge Realty, LLC Listed on: 06/06/2025

Bridge Realty, LLC

Co-Listed By

Phou Sivilay

Bridge Realty, LLC

Last Buyer's Agent

Abdukadir Nor

Bridge Realty, LLC

Bridge Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,782

Year Built

  • Built in 1971

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Basement
  • Basement Window Egress

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Lot Dimensions are 90x175
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3502824220066

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,782

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1971
  • Above Grade Finished Sq Ft: 2444
  • Water Sewer Expenses: 750
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Egress Window(s)
  • Living Area: 3008
  • Below Grade Finished Sq Ft: 564
  • Basement YN: Yes
  • Total Rooms: 10
  • Amenities: Cable,Ethernet Wired,Main Floor Primary Bedroom
  • Total Rooms: 10

Beds/Baths

  • Total Bedrooms: 6

Garage/Parking

  • Garage Square Feet: 598

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictNumber: 280
  • SchoolDistrictPhone: 612-798-6010

Lot Info

  • Lot Size: 90x175
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding
  • Units Total: 2

Rental Info

  • Expenses: 5335.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3502824220066
  • Tax Annual Amount: 6782
  • TaxWithAssessments: 6782.0000

Multi Family

  • ElectricExpense: 1440
  • FuelExpense: 1080

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Sold $565,000 -5.8% $188 / Sq Ft
08/01/2025 08/01/25 Pending -- -- --
06/05/2025 06/05/25 For Sale $599,900 +30.4% $199 / Sq Ft
02/20/2025 02/20/25 Sold $460,000 +0.4% $153 / Sq Ft
12/11/2024 12/11/24 Price Changed $457,999 0.0% $152 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
06/11/2024 06/11/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $457,999 -- $152 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Ashton Sivilay

    Bridge Realty, LLC

    (952) 999-0458

    1 in this area

    4 Total Sales

    Ashton Sivilay
    Section Image
  • Mark Johnson

    Seller's Agent in 2025

    Mark Johnson

    Keller Williams Realty Integrity

    (952) 270-5997

    2 in this area

    52 Total Sales

    Mark Johnson
    Section Image

  • P

    Seller Co-Listing Agent in 2025

    Phou Sivilay

    Bridge Realty, LLC

    (612) 200-0291

    3 in this area

    17 Total Sales

    Phou Sivilay
    Section Image
  • Abdukadir Nor

    Buyer's Agent in 2025

    Abdukadir Nor

    Bridge Realty, LLC

    (952) 381-5927

    1 in this area

    8 Total Sales

    Abdukadir Nor
    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6735829

NorthstarMLS

APN: 35-028-24-22-0066

Minnesota Hennepin County Richfield 55423

7007 Portland Ave, Richfield, MN

This home is located at 7007 Portland Ave, Richfield, MN 55423 and is currently priced at $565,000, approximately $187 per square foot. This property was built in 1971. 7007 Portland Ave is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Seven Hills Prep Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes