Savvy Avenue
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Street View
$549,999
Monthly Est:$2,738
7 Beds
4 Baths
4,008sqft
7632 Pleasant Ave, Minneapolis, MN 55423
$549,999
$2,738/moEst:
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Quadruplex
Built in 1966
$-- HOA
0.26 acre lot
$137/sq.ft
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.
- Houzeo last checked: 8 minutes ago
- Listing updated: October 10, 2026 at 10:11 am
- Listing Provided by: Kristopher G. Jacobsen (651) 270-5429 | Eos Realty, LLC (651) 330-3359
- Source: Northstar MLS-MN as distributed by MLS GRID | MLS#: 7158188
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1966
HOA Fees
-
Finished Area
4,008 sqft
Lot Size
0.26 acre lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7158188
Days on Market
27
Cumulative Days on Market
115
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 4
Interior
Heating
Boiler
Exterior Features
Stone, Stucco
Sewer
City Sewer/connected
Construction
Year Built
Year Built: 1966
Home type
Quadruplex
Foundation Details
Block
Utilities & Energy
Water Source
City Water/connected
Laundry Features
In Basement, Common Area
Association Amenities
Laundry, Coin Op Laundry Owned
Basement
Block, Other
Parking Features
Parking Lot
Other Features
Subdivision Name
Sunset Terrace
Lot Features
Public Transit (w/in 6 Blks)
Tenant Pays
Cable Tv, Electricity
Price History
| Date | Event | Price |
|---|---|---|
10/10/2026 Source: | Listed for Sale | $549,999 -4.35% $137/sqft |
10/09/2026 Source: | Listing Removed | $575,000 $143/sqft |
07/03/2026 Source: | Price Decreased | $575,000 -4.15% $143/sqft |
05/26/2026 Source: | Price Decreased | $599,900 -2.45% $150/sqft |
05/04/2026 Source: | Listed for Sale | $614,990 +194.39% $153/sqft |
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Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Nov 06, 2026, 03:31AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the 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.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Advertising Broker: Moe Mossa (Savvy Avenue) (612) 490-1268 | Savvy Avenue, LLC
