Active

Price cut: $15K (7/14)

$350,000

7508 Portland Ave S, Richfield, MN 55423

3beds

1,318sqft

$2,202/mo

Get pre-qualified

Single Family

Built in 1960

7,486 Square Feet Lot

$-- Zestimate^®

$266/sqft

$-- HOA

What's special

Hardwood floorsStainless steel appliancesThird bedroomGranite countertopsEat-in kitchenMatching backsplashCustom cabinetry

Welcome to this beautifully updated home nestled in one of Richfield's most desirable neighborhoods! The main floor boasts hardwood floors, a spacious living room, two bedrooms, a full bathroom, and an eat-in kitchen featuring stainless steel appliances and granite countertops. The lower level offers a third bedroom, a second full bathroom, and a family room — perfect for entertaining or relaxing. Updates include kitchen showcasing custom cabinetry, quartz countertops, stainless steel appliances, and stylish tile and LVP flooring with a matching backsplash. Fresh paint inside and out, plus new carpet in the basement, complete the picture. Step outside to a large backyard with plenty of space for outdoor activities, gatherings, or simply enjoying the outdoors. Located minutes from parks, top-rated schools, local dining, and shopping — with quick highway access, just 10 minutes to MSP Airport and 5 minutes to the Mall of America. Don't miss this one!

66 days
736
56

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Bedroom

Level: Main
Area: 168 Square Feet
Dimensions: 14x12

Bedroom 2

Level: Main
Area: 143 Square Feet
Dimensions: 13x11

Bathroom

Level: Basement
Area: 44 Square Feet
Dimensions: 11x4

Family room

Level: Basement
Area: 180 Square Feet
Dimensions: 15x12

Kitchen

Level: Main
Area: 165 Square Feet
Dimensions: 15x11

Living room

Level: Main
Area: 272 Square Feet
Dimensions: 17x16

Office

Level: Basement
Area: 77 Square Feet
Dimensions: 11x7

Heating

Forced Air

Cooling

Central Air

Features

Basement: Finished
Has fireplace: No

Interior area

Total structure area: 1,910
Total interior livable area: 1,318 sqft
Finished area above ground: 790
Finished area below ground: 528

Property

Parking

Total spaces: 1
Parking features: Attached
Attached garage spaces: 1

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1

Lot

Size: 7,486 Square Feet
Dimensions: 60 x 129

Details

Foundation area: 1120
Parcel number: 3402824410018
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Condition

New construction: No
Year built: 1960

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Richfield

Financial & listing details

Price per square foot: $266/sqft
Tax assessed value: $247,600
Annual tax amount: $3,381
Date on market: 6/23/2026

Estimated market value

Not available

Estimated sales range

Not available

$2,301/mo

Price history

Date	Event	Price
7/14/2026	Price change	$350,000-4.1%$266/sqft
Source: NorthstarMLS as distributed by MLS GRID #7097363 Report a problem
6/23/2026	Listed for sale	$365,000+58.7%$277/sqft
Source: NorthstarMLS as distributed by MLS GRID #7097363 Report a problem
11/17/2025	Sold	$230,000+183.5%$175/sqft
Source: Public Record Report a problem
5/15/2025	Sold	$81,142-48.9%$62/sqft
Source: Public Record Report a problem
2/23/2004	Sold	$158,860$121/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,367 +1.1%	$247,600 +3.3%
2024	$4,317 +13.5%	$239,700 -3.2%
2023	$3,804 +14.2%	$247,600 +1.5%
2022	$3,332 +2.6%	$244,000 +12.4%
2021	$3,246 +9.9%	$217,000 +5.9%
2020	$2,955 -9%	$205,000 +5.1%
2019	$3,246 +9.9%	$195,000 +3.2%
2018	$2,955 +15.9%	$189,000 +18.1%
2017	$2,550 +19.6%	$160,000 +11.1%
2016	$2,132 +6.8%	$144,000 +4.3%
2015	$1,996 +6.9%	$138,000 +19%
2014	$1,867 -3.5%	$116,000 -12.8%
2013	$1,935 -3.7%	$133,000 -7%
2012	$2,010 -0.6%	$143,000 -2.1%
2011	$2,023 +4.9%	$146,000 -5.2%
2010	$1,928 -5.8%	$154,000 -11%
2009	$2,045 +15.5%	$173,000 +7.5%
2006	$1,770 +6.7%	$161,000 +6.2%
2005	$1,660 +12.4%	$151,600 +14.9%
2004	$1,476 +12.6%	$131,900 +12%
2002	$1,311 -47.1%	$117,800
2001	$2,478	--