7240 3rd Ave S, Richfield, MN 55423
OFF MARKET

7240 3rd Ave S
Richfield, MN 55423

  • 3 Beds
  • 2 Baths
  • 1,589 sqft

$378,800

Trulia Estimate
as of Jun 14, 2026
Est. Refi. Payment $2,353/mo*
Refinance Your Home

$378,800

Trulia Estimate
as of Jun 14, 2026
Est. Refi. Payment $2,353/mo*
Refinance Your Home
3 Beds
2 Baths
1,589 sqft

Local Information

Map showing home location
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-- mins to
Commute Destination

Description

This single-family home is located at 7240 3rd Ave S, Richfield, MN. 7240 3rd Ave S is in Richfield, MN and in ZIP code 55423. This property has 3 bedrooms, 2 bathrooms and approximately 1,589 sqft of floor space. This property has a lot size of 8712 sqft and was built in 1954.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 7240 3rd Ave S

Interior Features

Interior Details
BasementNumber of Rooms: 5Types of Rooms: Family Room
Heating & Cooling
Heating: Wall, GasAir ConditioningCooling System: OtherHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 1.25Floors: Hardwood
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: WoodPatio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1954Year Updated: 1980
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Community

Units in Building: 1

Lot Information

Lot Area: 6441 sqft

Price History for 7240 3rd Ave S

DatePriceEventSource
06/30/2016$243,800Sold
NorthstarMLS as distributed by MLS GRID #4710996
05/29/2016$236,900PendingAgent Provided
05/05/2016$236,900Listed For SaleAgent Provided
05/27/2011$174,900Sold
Lake Superior Area Realtors as distributed by MLS GRID #1295563
05/08/2011$174,900PendingAgent Provided
04/20/2011$174,900Listed For SaleAgent Provided
01/24/2011$116,400Sold
N/A
06/10/2004$230,000Sold
N/A
02/13/2002$187,000Sold
N/A
11/30/2000$165,000Sold
N/A

Market trends in Richfield

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$357K
$15.02KMoM
Sale-to-List Price
100.0%
Price per sq ft
$197
$1MoM
Available listings
112
21MoM
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Property Tax and Assessment

Year2025
Tax$4,276
Assessment$322,600
Home facts updated by county records

Homeowner tools

Estimated monthly rent$2,413/mo
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Homes for rent near 7240 3rd Ave S

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Comparable Sales for 7240 3rd Ave S

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7221 Clinton Ave, Minneapolis, MN
0.08
Single-Family Home
$355,000
11/26/25
3
2
1,826
7300 3rd Ave S, Richfield, MN
0.03
Single-Family Home
$280,000
04/24/26
3
1
1,620
7232 2nd Ave S, Richfield, MN
0.07
Single-Family Home
$290,000
04/10/26
3
1.5
1,080
7308 Clinton Ave, Minneapolis, MN
0.08
Single-Family Home
$350,000
01/23/26
3
2
1,998
7333 1st Ave S, Richfield, MN
0.18
Single-Family Home
$349,000
02/27/26
3
2
1,487
7133 2nd Ave S, Richfield, MN
0.15
Single-Family Home
$310,000
11/03/25
3
2
1,322
7336 4th Ave S, Richfield, MN
0.17
Single-Family Home
$320,000
07/18/25
3
1.5
1,665
7341 4th Ave S, Richfield, MN
0.20
Single-Family Home
$315,000
08/08/25
3
2
1,484
7114 4th Ave S, Richfield, MN
0.23
Single-Family Home
$177,000
09/30/25
3
2
1,763
7337 4th Ave S, Richfield, MN
0.20
Single-Family Home
$339,000
10/01/25
3
2
1,680

Nearby homes

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Assigned Schools

These are the assigned schools for 7240 3rd Ave S.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Richfield

At least 167 Trulia users voted on each feature.

  • 93 % Say it's dog friendly

  • 89 % Say parking is easy

  • 86 % Say yards are well-kept

  • 74 % Say kids play outside

  • 73 % Say people would walk alone at night

  • 72 % Say streets are well-lit

  • 69 % Say car is needed

  • 67 % Say it's walkable to restaurants

  • 67 % Say there's holiday spirit

  • 66 % Say it's walkable to grocery stores

  • 63 % Say they plan to stay for at least 5 years

  • 63 % Say it's quiet

  • 57 % Say there's wildlife

  • 57 % Say neighbors are friendly

  • 54 % Say there are sidewalks

  • 45 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Tc651
    "Safe neighborhoods and nice neighbors. Some speeding sometimes but that’s expected overall very safe and livable for a family. "
    0
    Flag
  • Miracle McClain
    "There’s only sidewalks on the main streets so that may be a con but there is a dog park off of Portland so kind of a plus. "
    0
    Flag
  • Miracle McClain
    "I love Richfield. Very family friendly. Good access to public transportation. Safe, neighbors are friendly, there’s a local farmers market in the summers, and lot of parks for kids. "
    0
    Flag
  • Patricia Robinson
    "My neighborhood has access to various bus routes a few minutes from the mall of America south Dale and other nearby shopping areas"
    0
    Flag
  • Trulia User
    "access to stores such as target and grocery stores are so close. great neighbors. restaurants are close and food is good. "
    1
    Flag
  • Jasonheinrichs
    "My neighborhood is safe and has almost direct access to 3 of the busiest highways in Minneapolis. From 494, 35 West to the 62 Crosstown, you’re close enough to the Metro and Cities, but you have a nice, quiet neighborhood with younger kids and families to older people and everyone in between."
    0
    Flag
  • Tinarae95
    "This area has a lot of bus stops and transportation options provided by the metro transit center. Can easily get around with the bus systems"
    0
    Flag
  • Michaela M.
    "I work in Richfield so the commute is really quick, only takes me two minutes. It’s a great place to live "
    0
    Flag
  • Denise P.
    "If you work downtown, great transit access. I drive to suburbs now and it is ok. About 20-30 min commute."
    1
    Flag
  • Joshjayeallday
    "Make sure your kids clean up after themselves. Don’t let them leave toys all over the lawn. Keep them quiet because people are trying to nap. !!!"
    0
    Flag
  • Keri J.
    "They would like the sidewalks and parks and friendly neighbors! Lots of dog owners Hahahahahahaha"
    0
    Flag
  • Nkuti N.
    "simple, straight forward. lots of freeway access to 494, 35w, 62 and lyndale takes your right to uptown "
    0
    Flag
  • Kyle
    "Great Neighborhood, and Friendly people. The parks near by are amazing! I just wish it had a dog park."
    0
    Flag
  • Kristine L.
    "we all have dogs so I don't think they'll be any problems. All of the dogs well behaved with minimal barking."
    0
    Flag
  • KMoe
    "I love Richfield. It’s close enough to Minneapolis to get into the city and enjoy what Minneapolis has to offer, but far enough away to have yards and be able to spread out and enjoy some quaint, yet unpretentious suburban living!"
    1
    Flag
  • Sean H
    "I've had family in Richfield my whole life, and have lived here full time for seven years. I love it! My neighborhood is peaceful and friendly. 66th Street has a ton of restaurants and shops. It's easy to bike, drive, or take the bus anywhere you want to go."
    1
    Flag
  • Jeanna V.
    "There are many families and people value the racial & ethnic diversity here. Rochfield Community supports one another when times are tough. It's very central and easy to get places. "
    0
    Flag
  • Jeanna V.
    "Richfield 4th of July is a tradition for us. We love farmer's market and ice cream treats at the Malt shop. Richfield has incredible Mexican food at places like El Tejaban and Andale. Local Roots is a favorite coffe shop with kids eat free on Mondays. "
    0
    Flag
  • Nightz_mistress
    "It’s family friendly place which includes fur babies too. I see people walking dogs often around here"
    1
    Flag
  • Majamerts
    "There are highways and busy intersections but LOTS of side streets and I see dog walkers everywhere! The only downside is there’s not enough sidewalks "
    0
    Flag
  • Carlos C.
    "I've lived in Richfield since 2010. I love this city. It's safe and friendly to raise a kid and walk you dog "
    0
    Flag
  • Sindy g.
    "Neighbors know each other. Younger families moving in, but still melding well with lifers. Good place to raise a family - close enough to the city but still suburban living."
    1
    Flag
  • J S.
    "Quiet neighborhood where we cam let our children play inn the driveway. Very little traffic I our area. Parks within walking distance for the kids and community events for the family. We habe lived here for 6yrs with no complaints at all. "
    0
    Flag
  • Rogelio o.
    "I am living here for 9 years ,it is nice and safe place easy to go anywhere, police do their job, city do their job, but we need more community events. ..."
    0
    Flag
  • Kerrikleinschmidt
    "my daughter lives in this neighborhood with her family and I work here. I love the easy access to shopping, eating, and the neighborhood."
    1
    Flag
  • J S.
    "Quiet neighborhood where my kids cam play without me worrying. We have a parkwithin a 5 min walk in either direction. "
    0
    Flag

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Homes for sale near 7240 3rd Ave S

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Off Market Homes Near 7240 3rd Ave S

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7240 3rd Ave S, Richfield, MN 55423 is a 3 bedroom, 2 bathroom, 1,589 sqft single-family home built in 1954. This property is not currently available for sale. 7240 3rd Ave S was last sold on Jun 30, 2016 for $243,800. The current Trulia Estimate for 7240 3rd Ave S is $378,800.