New to the rental market, this 3 bedroom/1 bathroom home is located in one of the most sought after Richfield neighborhoods and conveniently located near parks, shopping, dining, schools and more with easy freeway access. Inside you'll find many new and refinished surfaces including: recently refinished hardwood floors, new luxury vinyl and new carpet; fresh paint; all new stainless appliances in the kitchen; and new bathroom vanity. Basement features on-site laundry and loads of storage. Other amenities include: detached 2-car garage, partially fenced backyard (dogs allowed with a fee!), new energy efficient windows, central air, and more.
*Interior is still being finished so no photos yet. Work will be completed prior to move in date. Inquire for more info or to schedule a walk-through.
12 month lease. Tenants pay all utilites. Tenants are responsable for snow and lawn care. No smoking.
Sold for $245,000
$245,000
7432 Colfax Ave S, Richfield, MN 55423
3beds
1,450sqft
Single Family Residence
Built in ----
-- sqft lot
$318,100 Zestimate®
$169/sqft
$2,085 Estimated rent
Home value
$318,100
$296,000 - $340,000
$2,085/mo
Zestimate® history
Owner options
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$2,085/mo
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$2,085/mo
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$1,645/mo
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$1,645/mo
Est. payment
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List your homeWhat's special
Partially fenced backyardRecently refinished hardwood floorsLoads of storageNew bathroom vanityNew carpetCentral airNew energy efficient windows
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air
Cooling
- Air Conditioner, Central Air
Appliances
- Included: Dishwasher, Dryer, Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Carpet, Hardwood
Interior area
- Total interior livable area: 1,450 sqft
Property
Parking
- Parking features: Detached, Garage
- Has garage: Yes
- Details: Contact manager
Details
- Additional structures: Garage(s)
- Parcel number: 3302824410068
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Community
- Deposit fee: $2,175
Location
- Region: Richfield
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $330,200
- Annual tax amount: $4,344
- Date on market: 10/28/2026
- Date available: 11/01/2026
- Lease term: 1 Year
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2026 | Listing removed | $2,175$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/28/2026 | Listed for rent | $2,175$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/30/2026 | Sold | $245,000$169/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $4,344 +1.7% | $330,200 +6.8% |
| 2025 | $4,270 +6.7% | $309,100 -0.4% |
| 2024 | $4,001 +4.5% | $310,400 +4.2% |
| 2023 | $3,828 +12.2% | $298,000 -0.3% |
| 2022 | $3,412 +8% | $299,000 +18.7% |
| 2021 | $3,159 -1.6% | $252,000 +8.2% |
| 2020 | $3,210 +1.6% | $233,000 +2.6% |
| 2019 | $3,159 -1.6% | $227,000 +5.1% |
| 2018 | $3,210 +6.7% | $216,000 +14.3% |
| 2017 | $3,009 +16.5% | $189,000 +9.2% |
| 2016 | $2,584 +4.1% | $173,000 -4.4% |
| 2015 | $2,483 -4.2% | $181,000 +9% |
| 2014 | $2,591 +5.3% | $166,000 +2.5% |
| 2013 | $2,460 -7.8% | $162,000 -10.5% |
| 2012 | $2,668 +2% | $181,000 -1.6% |
| 2011 | $2,617 +6.1% | $184,000 -4.2% |
| 2010 | $2,466 +0.7% | $192,000 -5.9% |
| 2009 | $2,449 +15.4% | $204,000 +7.9% |
| 2006 | $2,122 +12.6% | $189,000 +11.2% |
| 2005 | $1,885 +11.6% | $170,000 +14.9% |
| 2004 | $1,689 +12.8% | $147,900 +12% |
| 2002 | $1,498 -48% | $132,100 |
| 2001 | $2,883 | -- |
Find assessor info on the county website
Neighborhood: 55423
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Nearby schools
GreatSchools rating
- 7/10Sheridan Hills Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 4/10Richfield Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Richfield Senior High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$318,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$318,100
- Minnesota
- Hennepin County
- Richfield
- 55423
- 7432 Colfax Ave S
