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$334,990 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,448 Sq. Ft.
  • 2 Car Garage
  • Updated 2 hours ago

Next open house:

Open House: 2:30 PM - 4:30 PM

Friday 5/1 2:30 PM - 4:30 PM

7401 Russell Avenue S,Richfield, MN 55423

7401 Russell Avenue SRichfieldMN55423

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Join us at 7401 Russell Avenue S on:

  • Open House: 11:00 AM - 1:00 PM

    Saturday 5/2 11:00 AM - 1:00 PM

    7401 Russell Avenue S,Richfield, MN 55423
    7401 Russell Avenue SRichfieldMN55423
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Classic Richfield bungalow blending timeless character with modern updates. The inviting living room showcases original hardwood floors, elegant coved ceilings, and a large picture window that floods the space with natural light. The updated kitchen is outfitted with stainless steel appliances and offers the perfect balance of style and function for everyday meals or entertaining. Upstairs, a generously sized owner's suite provides a private retreat tucked away from the main living areas. Downstairs, the finished lower level is a true highlight, featuring a spacious family room anchored by a cozy gas fireplace, ideal for movie nights, game days, or relaxed evenings in. A large laundry and utility room offers ample storage space to keep everything organized. Step outside to a fenced backyard built for entertaining, complete with a large deck perfect for summer cookouts, morning coffee, or hosting friends and family. A detached 2-car garage adds convenience and extra storage. Recent improvements include a new AC unit and new main line sewer liner all the way to city connection in the Fall of 2025! Situated in a sought-after Richfield neighborhood close to parks, shopping, dining, and just minutes from Minneapolis and MSP airport. Move-in ready and full of warmth, this one checks all the boxes!

Full Property Details for 7401 Russell Ave S

General

  • Price: $334,990
  • Taxes: $4,149 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7061855
  • Updated: 4/30/2026
  • Added to Site: 6 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas, Living Room
  • Appliances: Dryer, Range, Refrigerator, Washer, Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Eat-in kitchen: Yes
  • Dining Room: Eat-In Kitchen
  • Formal Dining Room: Eat In Kitchen

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached Garage, Concrete

Location

  • County: Hennepin
  • Township: Richfield
  • Subdivision: Penn Lake Terrace 1st Add
  • Driving Directions: 494 to Penn, North to 74th, West to home

School Information

  • School District: 280 - Richfield
  • High School District: Richfield

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Daylight/Lookout Windows, Finished, Full
  • Foundation Size: 360
  • Roof: Age Over 8 Years, Asphalt
  • Disability Access: None
  • Square Feet: 1,448
  • Above Ground: 1,088 Sq. Ft.
  • Below Ground: 360 Sq. Ft.
  • Finished Down/Base.: 1,448 Sq. Ft.
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Dimensions: 46 x 135
  • Zoning: Residential-Single Family
  • Fencing (Description): Full, Wood

Financial Considerations

  • Tax Amount: $4,149.26
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOT 002 BLOCK 009 PENN LAKE TERRACE 1ST ADDN
  • Property ID: 3202824410028

Listed by RE/MAX Results

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Schools serving 7401 Russell Ave S

School District:Richfield Public School District
NameGradesDistance
Sheridan Hills Elementary School
6400 Sheridan Ave S, Richfield, MN 55423
K-51.2 mi
Richfield Middle School
7461 Oliver Ave S, Richfield, MN 55423
6-80.3 mi
Richfield Senior High School
7001 Harriet Avenue, Richfield, MN 55423
9-121.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7401 Russell Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/30/2026
Listed
$334,990
24.12%
MLS
8/07/2020
Sold
$269,900
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7401 Russell Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,149
-3%
$300,600
-4%
2023
$4,258
13%
$313,200
7%
2023
$3,782
—
$294,000
15%
2023
$3,782
17%
$255,000
21%
2020
$3,234
1%
$210,190
3%
2019
$3,210
9%
$203,650
16%
2018
$2,958
26%
$175,310
16%
2017
$2,339
-3%
$151,330
4%
2016
$2,414
7%
$145,880
6%
2015
$2,263
-1%
$138,250
9%
2014
$2,296
—
$126,260
-2%
2013
$2,291
—
$128,440
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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7401 Russell Avenue S, Richfield, MN 55423 (MLS# 7061855) is a Single Family property with 3 bedrooms and 1 full bathroom. 7401 Russell Avenue S is currently listed for $334,990 and was received on April 24, 2026. Want to learn more about 7401 Russell Avenue S? Do you have questions about finding other Single Family real estate for sale in Richfield? You can browse all Richfield real estate or contact a Coldwell Banker agent to request more information.

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