7520 Portland Avenue S, Richfield, MN 55423 (MLS# 7123452)

7520 Portland Avenue S, Richfield, MN 55423

$499,900
Property Type: Residential Bedrooms: 5 Baths: 2 Square Footage: 2,382 Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $499,900 List Date: 8/14/2026 Last Modified: 8/23/2026

Overview

Description

Built in 1998, this spacious and updated multi-level home is a rare find in Richfield. It offers 5 bedrooms, 2 bathrooms, and nearly 2,400 finished square feet of versatile living space. The main level features a bright living room that flows seamlessly into the dining area and an updated kitchen with new granite countertops (2026). Step outside onto the main-level deck overlooking a fully fenced 0.22-acre lot. The upper levels include three bedrooms and one full bathroom. The well-designed layout provides incredible flexibility for a home office, gym, or playroom. Additional highlights include a new roof (2026), a lower-level family room, two bedrooms with great natural light (including an egress window in the 5th bedroom), and a convenient 2-car detached garage. Located in a highly accessible part of Richfield, this property offers quick access to major highways (just off the 494 corridor), parks, shopping, and local schools.

Listing Details MLS# 7123452

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Waterfront YN
No
Year Built
1998
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Main Floor Total SqFt
1191
Above Grd Total SqFt
1191
Below Grd Total SqFt
1191
Total SqFt
2382
Total Finished Sqft
2382.00
FireplaceYN
No
Style
(SF) Single Family
Foundation Size
1191
Garage Stalls
2
Lot Dimensions
75x132
Acres
0.22
Assessment Pending
Unknown
Number of Fireplaces
0
Bath Half
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Basement: Egress Windows; Full; Sump Pump Construction Status: Previously Owned Exterior: Brick/Stone; Vinyl Fencing: Chain Link; Partial Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air Lock Box Type: Combo Roof: Age 8 Years or Less Sellers Terms: Cash; Conventional; FHA Sewer: City Sewer/Connected Stories: Four or More Level Split Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
4999900
ListPrice
499900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
7520
Street Name
Portland
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Richfield
County
Hennepin
State
MN
Zip Code
55423

Assessments

Tax With Assessments
5665
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1191
Finished SqFt Below Ground
1191

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
528

Public Survey Info

Range#
24
Section#
34
Township#
28

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
UNPLATTED 34 028 24 E 165 8/10 FT OF S 75 FT OF N 342 8/10 FT OF E 1/2 OF SE 1/4 OF NE 1/4 OF SE 1/4 EX ROAD
Listing City
Richfield
Map Page
134
Municipality
Richfield
School District
Richfield
School District Phone
612-798-6010
Property ID Number
3402824410021
Tax Year
2026
Tax Amount
5665
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Built in 1998, this spacious and updated multi-level home is a rare find in Richfield. It offers 5 bedrooms, 2 bathrooms, and nearly 2,400 finished square feet of versatile living space. The main level features a bright living room that flows seamlessly into the dining area and an updated kitchen with new granite countertops (2026). Step outside onto the main-level deck overlooking a fully fenced 0.22-acre lot. The upper levels include three bedrooms and one full bathroom. The well-designed layout provides incredible flexibility for a home office, gym, or playroom. Additional highlights include a new roof (2026), a lower-level family room, two bedrooms with great natural light (including an egress window in the 5th bedroom), and a convenient 2-car detached garage. Located in a highly accessible part of Richfield, this property offers quick access to major highways (just off the 494 corridor), parks, shopping, and local schools.
Directions
494 to Portland Ave exit. Go North to home,

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Basement

Egress Windows
Yes
Full
Yes
Sump Pump
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes
Vinyl
Yes

Fencing

Chain Link
Yes
Partial
Yes

Foundation

Poured Concrete
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Lock Box Type

Combo
Yes

Roof

Age 8 Years or Less
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes

Sewer

City Sewer/Connected
Yes

Stories

Four or More Level Split
Yes

Water

City Water/Connected
Yes

Room Information

Room Name Dimensions Level
Deck 12x12 Main
Dining Room 11x11 Main
Family Room 21x13 Lower
Fifth (5th) Bedroom 16x14 Lower
First (1st) Bedroom 14x13 Upper
Fourth (4th) Bedroom 11x11 Lower
Kitchen 12x9 Main
Living Room 17x14 Main
Second (2nd) Bedroom 10x10 Upper
Third (3rd) Bedroom 10x10 Upper
IDX
Listing Office: Integrity Realty
Last Updated: August - 23 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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