7240 Garfield Ave S, Richfield, MN 55423
Property image
Property image
OFF MARKET

7240 Garfield Ave S
Richfield, MN 55423

  • 2 Beds
  • 1 Bath
  • 816 sqft

$281,000

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,788/mo*
Refinance Your Home

$281,000

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,788/mo*
Refinance Your Home
2 Beds
1 Bath
816 sqft

Home Value

Trulia Estimate
$281K
Since last month
Decreased$2K (-0.7%)
Since last year
Increased$8K (+2.8%)
Since last sale
Increased$105K (+59.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +52% in the last 10 years
MonthEstimated value
2026
August 2026$281K
July 2026$283K
June 2026$281K
May 2026$280K
April 2026$279K
March 2026$276K
February 2026$275K
January 2026$269K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7244 Bryant Ave S, Richfield, MN
0.19
Single-Family Home
$127,351
09/03/25
2
1
1,152
7232 Harriet Ave S, Richfield, MN
0.07
Single-Family Home
$326,000
12/08/25
3
1
1,264
7205 Garfield Ave S, Richfield, MN
0.09
Single-Family Home
$350,000
01/13/26
2
2
972
7329 Aldrich Ave S, Richfield, MN
0.13
Single-Family Home
$320,000
10/22/25
3
1
1,255
7228 Aldrich Ave S, Richfield, MN
0.12
Single-Family Home
$330,000
07/02/26
3
1
1,350
7312 Wentworth Ave S, Richfield, MN
0.32
Single-Family Home
$310,000
08/13/26
2
1
954
7533 Garfield Ave S, Richfield, MN
0.35
Single-Family Home
$290,000
09/09/25
2
1
720
7040 Garfield Ave S, Richfield, MN
0.25
Single-Family Home
$325,000
10/17/25
3
1
1,246
7232 Harriet Ave, Minneapolis, MN
0.07
Single-Family Home
$326,000
11/26/25
3
1
1,701
7145 Nicollet Ave S, Richfield, MN
0.49
Single-Family Home
$265,000
08/21/25
2
1
1,090

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
7241 Garfield Ave, Minneapolis, MN 55423
0.04
$274,100
2
1
1,072
Off Market
7305 Garfield Ave, Minneapolis, MN 55423
0.05
$381,800
4
1.5
1,862
Off Market
7233 Garfield Avenue, Minneapolis, MN 55423
0.04
$319,800
3
1
1,172
Off Market
7304 Garfield Ave, Minneapolis, MN 55423
0.04
$357,700
4
2
1,900
Off Market
7309 Garfield Ave, Minneapolis, MN 55423
0.06
$353,300
3
2
1,425
Off Market
7232 Garfield Ave, Minneapolis, MN 55423
0.02
$330,000
3
1
1,692
Off Market
7300 Garfield Ave, Minneapolis, MN 55423
0.05
$357,400
3
2
1,851
Off Market
7229 Garfield Ave, Minneapolis, MN 55423
0.04
$432,500
4
2
2,033
Off Market
7300 Harriet Ave, Minneapolis, MN 55423
0.07
$340,100
3
2
1,513
Off Market
7308 Garfield Ave, Minneapolis, MN 55423
0.05
$362,100
4
2
1,851
Off Market
7236 Harriet Ave, Minneapolis, MN 55423
0.06
$324,600
3
1
1,324
Off Market

Local Information

  • Map ViewExplore the area around 7240 Garfield Ave S.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1945
Living Area
816 sqft
Price/Sqft
$344
Parking
Garage

About this House
7240 Garfield Ave S, Richfield, MN 55423 is a 2 bedroom, 1 bathroom, 816 sqft single-family home built in 1945. It last sold for $175,570 on Dec 30, 2015. It is currently off market. The Trulia Estimate is $281,000, with a rent estimate of $1,741/month.

Home Details for 7240 Garfield Ave S

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.25Floors: Hardwood
Interior Details
Number of Rooms: 4Types of Rooms: Dining Room
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Vinyl
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1945Year Updated: 1950
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Community

Units in Building: 1

Lot Information

Lot Area: 6534 sqft

Price and Tax history

DateEventPrice
Dec 30, 2015
Source: Re/Max Results solds #4648903_55423
Sold
$175,570
Oct 11, 2015
Source: Agent Provided
Pending
$174,900
Sep 28, 2015
Source: Agent Provided
Listed For Sale
$174,900

Market trends in Richfield

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$365K
$6.35KMoM
Sale-to-List Price
100.6%
Price per sq ft
$194
$3MoM
Available listings
120
3MoM

Around this home

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

LGBTQ Local Legal Protections

Frequently asked questions about 7240 Garfield Ave S

  • What is 7240 Garfield Ave S estimated to be worth?
    Trulia's estimated value for 7240 Garfield Ave S in Richfield, MN is $281,000.
  • What is the price history for 7240 Garfield Ave S?
    7240 Garfield Ave S in Richfield, MN last sold for $175,570 in December 2015.
  • Is Richfield a buyer's or seller's market?
    Richfield is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Richfield?
    The median sale price in Richfield is $365K. That is up $6.35K from the prior month.
  • Does 7240 Garfield Ave S have laundry facilities?
    Yes, 7240 Garfield Ave S in Richfield, MN has in-unit laundry.
  • How big is the lot at 7240 Garfield Ave S?
    The lot at 7240 Garfield Ave S in Richfield, MN is about 0.15 acres (6,534 sq ft).

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