Centennial Elementary
- Enrollment
- 303
- Students per teacher
- 8.9
7315 Bloomington Ave S, Richfield, MN 55423
(612) 798-6800
1 / 30
7508 Portland Avenue, Richfield, MN 55423 - MLS# 7153547
$335,000
Bedrooms
3
Bathrooms
2
Square Feet
1,318
Acres
0.17
Year Built
1960
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Central Air
Garages
1
Days on Market
41
School District
280 - Richfield
Welcome home to this beautifully updated 3-bedroom, 2-bath home in one of Richfield's most sought-after neighborhoods! The main level features gleaming hardwood floors, a spacious living room, two bedrooms, a full bath, and a stunning eat-in kitchen with custom cabinetry, quartz countertops, stainless steel appliances, a stylish tile backsplash, and LVP flooring. The lower level adds a third bedroom, a second full bath, and a generous family room, ideal for movie nights, entertaining, or a quiet retreat. Fresh interior and exterior paint and new basement carpet mean this home is truly move-in ready. Outside, the large backyard offers plenty of room for play, gardening, or summer gatherings. Enjoy a prime location just minutes from parks, dining, and shopping, with quick highway access, about 10 minutes to MSP Airport and 5 minutes to the Mall of America. Don't miss this one!
Interior Information
BasementFinished
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
Size & Levels
LevelsOne
Total Finished Sq Ft1,318 sq ft
Above Grade Finished790 sq ft
Below Grade Finished528 sq ft
Main Level Finished790 sq ft
Total Area (incl. unfinished)1,910 sq ft
Bathrooms
Full Baths2
Rooms
Main Level Rooms
Living Room17' x 16'
Kitchen15' x 11'
Bedroom14' x 12'
Bedroom 213' x 11'
Bathroom7' x 6'
Basement Level Rooms
Family Room15' x 12'
Office11' x 7'
Bedroom 318' x 12'
Bathroom11' x 4'
Exterior & Parking
ExteriorStucco
FoundationOther
Garage Stalls1
ParkingAttached Garage
Lot & Utilities
Property SubtypeSingle Family
Lot Size0.17 acres
Lot Dimensions60x129
ZoningResidential-Single Family
TownshipRichfield
CountyHennepin
SewerCity Sewer/Connected
WaterCity Water/Connected
Financial & Tax Information
Annual Taxes$3,382
Tax Year2026
Tax w/ Assessments$4,104
Other Annual Assessments$722
Assessment PendingNo
Parcel Number3402824410018
List TypeExclusive Right To Sell
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1950-1959, about 39% of occupied homes are owner-occupied, and the average commute is 19 minutes.
Cost of Ownership
Median home value
$326,800
Similar to the Richfield median
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$3,640/yr
Lower than the Richfield median
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$1,919/mo
Similar to the Richfield median
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$628/mo
Lower than the Richfield median
Median monthly housing costs for owners without a mortgage.
Median rent
$1,185/mo
Lower than the Richfield median
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
39%
Lower than Richfield overall
The share of occupied homes lived in by their owners.
Median year built
1971
Newer than 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.
- 1980-198922%
- 1970-197915%
- 1960-196912%
- 1950-195934%
Types of homes
The share of housing units in each building type.
- Single-family detached44%
- 5+ units53%
Getting Around
Average commute
19 min
Lower 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 alone68%
- Walk or bike8%
- Work from home7%
Homes with broadband
82%
Lower than Richfield overall
The share of households with a broadband internet subscription.
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
Middle
Richfield Middle
- Enrollment
- 808
- Students per teacher
- 11.9
7461 Oliver Ave S, Richfield, MN 55423
(612) 798-6400High
Richfield Senior High
- Enrollment
- 1,183
- Students per teacher
- 14.1
7001 Harriet Ave S, Richfield, MN 55423
(612) 798-6100Questions and Answers
How much is 7508 Portland Avenue?
7508 Portland Avenue in Richfield, MN, is listed at $335,000 as of Nov 11, 2026 ($254 per finished square foot and 41 days on market).
What school district is 7508 Portland Avenue in?
Richfield Public School District. It is in the attendance areas for Centennial Elementary (grades PK-5, 0.8 mi), Richfield Middle (grades 6-8, 1.8 mi) and Richfield Senior High (grades 9-12, 1.0 mi), according to Minnesota Department of Education 2025-26 boundaries. Assignments can change, so confirm enrollment with the district.
What are the property taxes for 7508 Portland Avenue?
Property taxes are $3,382 for 2026, or $4,104 including special assessments. No special assessments are pending.
Does 7508 Portland Avenue have an HOA fee?
No. The listing shows no homeowners association fee.
What is the commute like from 7508 Portland Avenue?
The average one-way commute for the surrounding area is 19 minutes, compared with 24 minutes for the Twin Cities metro. About 68% of workers drive alone. Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates for the surrounding census tract.
What does it cost to own a home near 7508 Portland Avenue?
In the surrounding census tract, the median home value is $326,800 and the median property tax bill is $3,640 a year; typical owner costs with a mortgage are $1,919 a month. These are area estimates, not figures for this home.
How do I schedule a showing of 7508 Portland Avenue?
Call Pederson Realty anytime at 612-356-2121 to ask about this home, schedule a showing, or be connected to an agent. You can also contact the agent shown on this page or use the Tour in Person button. We can usually set up a showing within a day.
