7245 1st Avenue S - Photo 1
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7245 1st Avenue S
7245 1st Avenue S
7245 1st Avenue S
7245 1st Avenue S
7245 1st Avenue S

7245 1st Avenue S, Richfield, MN 55423 - MLS# 7122884

MLS® #: 7122884|Days on Market: 76|Listed: Aug 6, 2026

$352,000

$382,000↓ 7.9%
Bedrooms
3
Bathrooms
2
Square Feet
1,541
Acres
0.14
Year Built
1939
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Central Air
Garages
2
Days on Market
76
School District
280 - Richfield

Amazing remodeled home featuring a completely remodeled kitchen with new cabinets, quartz countertops and stainless steel appliances. Bath bathrooms were completely gutted and remodeled. New flooring throughout. New water heater and windows. Lots of space on main level areas that could be used a large formal dining or two living rooms. Walkout to large 18x17 deck on back. Newer furnace. Basement features a living room, bedroom and an office area.

7245 1st Avenue S, Richfield, MN 55423

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Interior Information

BasementEgress Window(s), Finished, Full
AppliancesDishwasher, Microwave, Range, Refrigerator
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
LaundryIn Basement
Dining RoomInformal Dining Room, Kitchen/Dining Room
ElectricCircuit Breakers, 100 Amp Service

Size & Levels

LevelsOne and One Half
Total Finished Sq Ft1,701 sq ft
Above Grade Finished985 sq ft
Below Grade Finished556 sq ft
Main Level Finished716 sq ft

Bathrooms

Full Baths1
3/4 Baths1
Bathroom Details3/4 Basement, Main Floor Full Bath

Rooms

Main Level Rooms

Living Room11'5" x 15'
Family Room11'5" x 12'
Kitchen10'5" x 12'
Bedroom8'5" x 11'5"

Upper Level Rooms

Bedroom 214'5" x 8'

Basement Level Rooms

Family Room11'5" x 10'5"
Office6'5" x 10'5"
Bedroom 310'5" x 10'5"

Exterior & Parking

ExteriorShakes
RoofAsphalt
FoundationBlock
Patio / PorchDeck
Garage Stalls2
Garage Size21x23 (483 sq ft)
ParkingDetached Garage, Concrete

Lot & Utilities

Property SubtypeSingle Family
Lot Size0.14 acres
Lot Dimensions49x127
Lot DescriptionCorner Lot
ZoningResidential-Single Family
SubdivisionScheubles 1st Add
TownshipRichfield
CountyHennepin
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street
FencingChain Link, Full

Financial & Tax Information

Annual Taxes$2,833
Tax Year2026
Tax w/ Assessments$3,344
Assessment PendingNo
Parcel Number3402824130055
Financing OptionsConventional, VA, FHA, Cash
Assumable MortgageNot Assumable
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1950-1959, about 94% of occupied homes are owner-occupied, and the average commute is 25 minutes.

Cost of Ownership

Median home value

$357,500

Similar to the Richfield median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$3,736/yr

Similar to the Richfield median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$1,981/mo

Similar to the Richfield median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$726/mo

Similar to the Richfield median

Median monthly housing costs for owners without a mortgage.

Median rent

$1,917/mo

Higher than the Richfield median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

94%

Higher than Richfield overall

The share of occupied homes lived in by their owners.

Median year built

1954

Similar to the Richfield median

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 1970-19793%
  • 1960-196918%
  • 1950-195942%
  • 1940-194926%
  • 1939 or earlier8%

Types of homes

The share of housing units in each building type.

  • Single-family detached95%

Getting Around

Average commute

25 min

Higher than the Richfield median

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone65%
  • Carpool11%
  • Work from home19%

Homes with broadband

98%

Higher than Richfield overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Richfield Public School District

This home is in the Centennial Elementary, Richfield Middle and Richfield Senior High attendance areas of Richfield Public School District.

Elementary

Centennial Elementary

Grades PK-5 · 1.2 mi away

Enrollment
303
Students per teacher
8.9

7315 Bloomington Ave S, Richfield, MN 55423

(612) 798-6800

Middle

Richfield Middle

Grades 6-8 · 1.4 mi away

Enrollment
808
Students per teacher
11.9

7461 Oliver Ave S, Richfield, MN 55423

(612) 798-6400

High

Richfield Senior High

Grades 9-12 · 0.5 mi away

Enrollment
1,183
Students per teacher
14.1

7001 Harriet Ave S, Richfield, MN 55423

(612) 798-6100

School assignments can change. Verify enrollment with Richfield Public School District.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

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Listed by: Resource Realty Group, Inc
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.