Unlock the potential in this diamond-in-the-rough that's walkable to France Avenue’s shops, dining, and amenities. Newer roof and cement fiber siding. This property is a great renovation opportunity—ideal for investors, flippers, or handy homeowners looking to build sweat equity. With easy access to Hwy 62, 35W, and 494, commuting around the metro is a breeze. Whether you're looking to restore and resell or create your dream home from the studs up, this is the perfect canvas in a highly desirable location. Sold as-is. Bring your vision and make it shine!
Closed
$310,000
7109 Penn Ave S, Richfield, MN 55423
3beds
2,316sqft
Single Family Residence
Built in 1958
0.25 Acres Lot
$307,000 Zestimate®
$134/sqft
$2,642 Estimated rent
Home value
$307,000
$282,000 - $332,000
$2,642/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 11, 2025 at 06:18am
Listed by:
Austin C Eaton III 612-430-5494,
Real Broker, LLC
Bought with:
Kerby & Cristina Real Estate Experts
RE/MAX Results
Mariette Thibaudeau
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6719197
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12x9
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Bedroom 3
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9x10
Dining room
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9x10
Family room
- Level: Main
- Area: 403 Square Feet
- Dimensions: 31x13
Family room
- Level: Lower
- Area: 154 Square Feet
- Dimensions: 11x14
Flex room
- Level: Lower
- Area: 110 Square Feet
- Dimensions: 10x11
Kitchen
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9x11
Living room
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13x9
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 2,316
- Total interior livable area: 2,316 sqft
- Finished area above ground: 1,392
- Finished area below ground: 304
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Fencing: Partial
Lot
- Size: 0.25 Acres
- Dimensions: 94 x 116
Details
- Foundation area: 1102
- Parcel number: 3302824220126
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Cement
Condition
- Age of Property: 67
- New construction: No
- Year built: 1958
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Richfield
- Subdivision: Forest Lawn 4th
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2025 | Sold | $310,000+3.3%$134/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6719197 | ||
| 5/31/2025 | Pending sale | $300,000$130/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6719197 | ||
| 5/28/2025 | Listed for sale | $300,000+103.7%$130/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6719197 | ||
| 5/16/2025 | Sold | $147,251$64/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,062 +15.1% | $393,800 +11.3% |
| 2024 | $5,265 +5.5% | $353,800 0% |
| 2023 | $4,990 +6.6% | $353,900 +1.4% |
Find assessor info on the county website
Neighborhood: 55423
Nearby schools
GreatSchools rating
- 7/10Sheridan Hills Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 4/10Richfield Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Richfield Senior High SchoolGrades: 9-12Distance: 1.1 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$307,000
2% more+ $6,140
With Zillow Showcase(estimated)
$313,140