321 W 74th Street, Richfield, MN 55423 - Photo 1

1/1

$352,000

Sold
Closed
Multi-Family
2 Units
2 Total Beds

1/1

Property Description

Discover the potential of this duplex located at 321-323 74th St W, Richfield. The main level features 2 bedrooms and 1 bathroom, while the upper unit offers 3 bedrooms and 1 bathroom, providing ample living space. The current rent is below market value, and both units are on the month-to-month lease, offering flexibility for new owners. This property promises excellent cash flow potential, with the price reflecting its current condition. Conveniently located, this duplex is close to amenities and transportation. Don't miss out on this chance to invest in a valuable asset in desirable location!

Full Property Details

Full Property Details for 321 W 74th St

General

Sold For: $352,000
Taxes: $6,917 (2025)
Status: Closed
Type: Multi-Family
Source: NorthStarMLS_RMLS
MLS ID: 6757146
Added to Site: 218 day(s) ago

Parking

Parking Features: Other

School Information

School District: 1261 - Richfield
High School District: Richfield

Heating & Cooling

Heating Type: Forced Air
Heating Fuel: Natural Gas

Utilities

Sewer: City Sewer Connected
Water: City Water (Connected)

Financial Considerations

Operating Expenses: $11,655
Tax Amount: $6,917
Tax Year: 2025
Terms: Conventional Rehab, FHA 203(k), Cash
Owner Pays: Common Area Maintenance, Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Repairs, Management, Percentage Rent, Sewer, Taxes, Trash Collection, Water
Tenant Pays: Cable TV, Electricity, Gas, Heat, Telephone
Pays Cable: Tenant Pays
Pays Electric: Tenant Pays
Pays Gas: Tenant Pays
Pays Heat: Tenant Pays
Pays Trash: Owner Pays
Pays Water: Owner Pays

Disclosures and Reports

Legal Description: UNPLATTED 34 028 24 W 75 FT OF E 319 FT OF N 1/8 OF NW 1/4 OF SW 1/4 EX ST
Property ID: 3402824320004

Listed by Edina Realty, Inc.
Sold by RE/MAX Results

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Listing agents

— 321 W 74th St —

Edina Realty, Inc.

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Schools

Schools serving 321 W 74th St

School District:Richfield Public School District

Name	Grades	Distance
Sheridan Hills Elementary School 6400 Sheridan Ave S, Richfield, MN 55423	K-5	1.9 mi
Richfield Middle School 7461 Oliver Ave S, Richfield, MN 55423	6-8	1 mi
Richfield Senior High School 7001 Harriet Avenue, Richfield, MN 55423	9-12	0.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 321 W 74th St

Date

Details

Price

Change

Source

12/18/2025

Sold

$352,000

-12%

MLS

7/18/2025

Listed

$400,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Open House

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Single Family
Active
Updated 9 hours ago

3
Beds
2
Total Baths
1,918
Sq. Ft.

Listed by Edina Realty, Inc.

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Just Listed

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Condo
Active
Updated 10 hours ago

2
Beds
2
Total Baths
1,334
Sq. Ft.

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Just Listed

$365,000

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Active
Updated 9 hours ago

3
Beds
2
Total Baths
2,131
Sq. Ft.

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Just Listed

$380,000

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Single Family
Active
Updated 1 day ago

5
Beds
2
Total Baths
1,986
Sq. Ft.

Listed by Jason Mitchell Group

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Price Reduced

-$9,100 (-1.49%)

$599,900

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Single Family
Active
Updated 14 hours ago

4
Beds
2
Total Baths
2,850
Sq. Ft.

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Price Reduced

-$70,000 (-7.04%)

$925,000

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Lots/Land
Active
Updated 2 days ago

0.99
Acres

Listed by RE/MAX Results

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Price Reduced

-$75,000 (-12%)

$550,000

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Townhouse
Active
Updated 2 days ago

4
Beds
3
Total Baths
2,308
Sq. Ft.

Listed by RE/MAX Results

9012 14th Ave S, Bloomington, MN 55425 - Photo 1

9012 14th Ave S Bloomington, MN 55425

Single Family
Active
Updated 3 days ago

4
Beds
2
Total Baths
1,565
Sq. Ft.

Listed by RE/MAX Results

7232 Harriet Ave, Richfield, MN 55423 - Photo 1

Sold

$326,000

7232 Harriet Ave Richfield, MN 55423

Single Family
Closed

3
Beds
1
Total Bath
1,701
Sq. Ft.

Listed by Platzke Real Estate Group and Ryan Quade
Sold by Ruby Realty

7544 Harriet Ave, Richfield, MN 55423 - Photo 1

Sold

$402,000

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Single Family
Closed

4
Beds
2
Total Baths
2,100
Sq. Ft.

Listed by National Realty Guild
Sold by eXp Realty

7330 Blaisdell Ave, Richfield, MN 55423 - Photo 1

Sold

$360,000

7330 Blaisdell Ave Richfield, MN 55423

Single Family
Closed

3
Beds
2
Total Baths
1,608
Sq. Ft.

Listed by RE/MAX Results
Sold by eXp Realty

7329 Aldrich Ave S, Richfield, MN 55423 - Photo 1

Sold

$320,000

7329 Aldrich Ave S Richfield, MN 55423

Single Family
Closed

3
Beds
1
Total Bath
1,255
Sq. Ft.

Listed by Redfin Corporation
Sold by National Realty Guild

321 W 74th Street, Richfield, MN 55423 (MLS# 6757146) is a Multi-Family property that was sold at $352,000 on December 18, 2025. Want to learn more about 321 W 74th Street? Do you have questions about finding other Multi-Family real estate for sale in Richfield? You can browse all Richfield real estate or contact a Coldwell Banker agent to request more information.

321 W 74th St Richfield, MN 55423