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7007 Portland Avenue Richfield, MN $ 457,999
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7007 Portland Avenue
$ 457,999
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7007 Portland Avenue

Richfield, MN, 55423
$ 457,999
Bedrooms6 Baths2.1 Sq 3,008

Monthly Estimate*

$ 3,044

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Multi-Family Home for sale in Richfield, MN

for $457,999 with 6 bedrooms and 2 full baths, 1 half bath. This 3,008 square foot home was built in 1971 on a lot size of 0.34.

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.

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Multi-Family Active

Price

$ 457,999

Bedrooms

6

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 6,782

Style

Duplex Side by Side

Lot Size

0.34

Year Built

1971

Town/City

Richfield

County/Region

Hennepin

MLS | Web ID

6529436
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Roof Age 8 Years or Less Asphalt
Garage Spaces 2
Construction Materials Metal Siding
Year Built 1971
Electric 150 Amp Service
Topography High Ground
Levels One
Property SubType Duplex Side by Side
Tax Year 2024
Gross Income 48000
Accessibility None
County Hennepin
Operating Expense 5335
Insurance Expense 1375
New Construction N
Property Type Residential Income
Contingency Inspection
Directions 494 exit North on Portland to 7005-7007 Portland. County Rd 62 exit South on Portland to 7007 Portland.
City Richfield
Buyer Agent Compensation 2.70
High School District Richfield
Zoning Description Residential-Multi-Family
Total Units 2
Street Name Portland
Land Lease Y/N N
Tax Annual Amount 6782
Electric Expense 1440
Fuel Expense 1080
Trash Expense 690
Water Sewer Expense 750
Additional Parcels Y/N N
Days on Market 3
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Block Egress Window(s)
Basement (Y/N) Y
Above Grade Finished Area 2444
Street Suffix Avenue
Below Grade Finished Area 564
Fuel Natural Gas
Garage Square Feet 598
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Exterior
Fencing Chain Link
Parking Features Attached Garage
Lot Features Tree Coverage - Light
Water Source City Water - In Street
Lot Size Area 0.34
Lot Dimensions 90x175
Lot Size Units Square Feet
Foundation Area 4358
Road Frontage Type City Street
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Internal Only
Street Number 1 7007
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* Excluded Features
List By
Keller Williams Realty Integrity-Edina

Broker

markajohnson@kw.com

Email

Affordability Calculator

$3,609
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,044
Monthly Property Taxes
$565
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
708414 Elementary School
708589 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/7/2024$457,999 Listed Price

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7007 Portland Avenue, Richfield, MN, 55423 is a Multi-Family Home for sale at $457,999 with 3,008 sqft and a lot size of 0.34. 7007 Portland Avenue has 6 bedrooms, 2.1 baths, and was built in 1971. The property's zip code is 55423 which is in Richfield, MN

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