For Sale: Richfield MLS# 6768292
Active
$485,000
Multi-family: Duplex Up and Down
Built 1947
2,576 sqft • 0.26 acres
Richfield schools
MLS# 6768292
Open House
11a - 2p
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Property Description
Welcome to this exceptional up-down duplex nestled on a large, beautifully landscaped lot in Richfield! The main and lower level unit has 2 spacious bedrooms and 1 full bathroom, with an additional bedroom and newly updated 3/4 bathroom in the basement. The bright kitchen features a large window, durable tile floors, sleek stainless steel appliances, and ample cabinet space, Hardwood floors flow throughout the main living areas, complemented by large windows that flood the space with natural light. The lower level family room offers a cozy retreat for relaxation or gatherings, with convenient laundry facilities just steps away.
The upper-level unit includes 2 comfortable bedrooms and 1 full bathroom, with a charming kitchen and its own laundry area You'll also enjoy access to a private upper-level deck, ideal for morning coffee or evening sunsets. Both units share access to a spacious lower-level deck and an expansive, fully fenced backyard—perfect for outdoor entertaining, gardening, or play.
Located just minutes from the airport, downtown Minneapolis, major highways, and some of the city’s best dining and entertainment options, this duplex combines convenience with comfortable living. Whether you’re an investor or looking for multi-generational living, this property offers incredible potential in a prime location.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$485,000
Price per sq ft:
$188
Property Type:
Multi-family
City:
Richfield
Garage Spaces:
2
County:
Hennepin
Year Built:
1947
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55423
Interior
Finished Area:
2,576 ft2
Living Area:
2,576 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Egress Window(s)
- Finished
- Full
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
400 ft2
Foundation Size:
1,088 ft2
Fencing:
Full, Privacy, Wood
Handicap Accessible:
None
Heating System:
Hot Water
Parking Features:
Attached Garage
Shared Amenities:
- Deck
- Porch
Road Frontage:
- County Road
- Paved Streets
Exterior Material:
Stucco
Roof Details:
Asphalt
Lot & Land
Acres:
0.26
Geolocation:
44.8774, -93.277783
Lot Dimensions:
W 85 X 130
Zoning:
Residential-Multi-Family
Lot Description:
- Many Trees
- Public Transit (w/in 6 blks)
Schools
School District:
280
District Phone:
612-798-6010
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,313
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$5,313
Income
Annual Gross Income:
None
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Keller Williams Premier Realty Lake Minnetonka.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.