$460,000
SOLD FEB 20, 2025

7007 Portland Ave Richfield, MN 55423

6 Beds
3 Baths
3,008 Sq Ft
0.34 Acres

Recently Sold

$153 Per Sq Ft

215 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Forced Air Heating System
  • 2 Car Attached Garage

About This Home

As of February 2025

Turnkey Investment opportunity!! Must see spacious bungalow in a highly sought after community. Move-in ready. Minutes from airport, Mall of America, Famous Woodlake Nature center, pools, ice arena and over 100 parks and paths within the city. Walk out your front door to bus stop that takes you everywhere in minutes. Huge spacious backyard for great entertaining with a maintenance free trex deck. Nearby shopping, freeway access. Own as full investment property or owner occupy a unit. Newer furnace and water heater installed around 2020-22.

Last Agent to Sell the Property

Mark Johnson

Keller Williams Realty Integrity Listed on: 05/02/2024

Keller Williams Realty Integrity

Last Buyer's Agent

Phou Sivilay

Bridge Realty, LLC

Bridge Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,782

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 90x175
  • Chain Link Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Basement
  • Basement Window Egress

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • 150 Amp Service
  • Cable TV Available

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 - In Street
  • Year Built: 1971
  • Above Grade Finished Sq Ft: 2444
  • Water Sewer Expenses: 750
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable
  • 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
  • Appliances: Dryer,Gas Water Heater,Microwave,Range
  • Total Rooms: 10
  • FamilyRoomRoomFeatures: Family Room

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Chain Link
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 598

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 150 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Topography: High Ground
  • Lot Size: 90x175
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: SquareFeet
  • 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
  • Number Of Refrigerators: Two

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    Thanh Thao Pham Loyal Realty LLC

    Section Image

Range of Values:

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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
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

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Map

Source: NorthstarMLS

MLS Number: 6529436

NorthstarMLS

APN: 35-028-24-22-0066