7345 5th Ave S, Richfield, MN 55423
OFF MARKET

7345 5th Ave S
Richfield, MN 55423

  • 2 Beds
  • 1 Bath
  • 981 sqft

$298,400

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $1,861/mo*
Refinance Your Home

$298,400

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $1,861/mo*
Refinance Your Home
2 Beds
1 Bath
981 sqft

Local Information

  • Map ViewExplore the area around 7345 5th 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
1950
Living Area
981 sqft
Price/Sqft
$304
Parking
Garage

About this House

This single-family home is located at 7345 5th Ave S, Richfield, MN. 7345 5th Ave S is in Richfield, MN and in ZIP code 55423. This property has 2 bedrooms, 1 bathroom and approximately 981 sqft of floor space. This property has a lot size of 5532 sqft and was built in 1950.
7345 5th Ave S, Richfield, MN 55423 is a 2 bedroom, 1 bathroom, 981 sqft single-family home built in 1950. It last sold for $238,000 on Jul 3, 2019. It is currently off market. The Trulia Estimate is $298,400, with a rent estimate of $1,861/month.

Home Details for 7345 5th Ave S

Interior Features

Interior Details
BasementNumber of Rooms: 4Ceiling Fan
Heating & Cooling
Heating: Forced Air, Wall, GasAir ConditioningCooling System: Central, OtherHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Appliances & Utilities
DishwasherDryerMicrowaveRefrigerator

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: MetalPatio
Parking & Garage
GarageParking Space: 1Parking: Garage Detached

Property Information

Year Built
Year Built: 1950Year Updated: 1965
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 5531 sqft

Price History for 7345 5th Ave S

DatePriceEventSource
07/03/2019$238,000Sold
NorthstarMLS as distributed by MLS GRID #5239684
06/07/2019$230,000PendingAgent Provided
06/01/2019$230,000Listed For SaleAgent Provided
07/01/2005$185,000Sold
N/A
02/24/2000$123,900Sold
N/A
12/06/1999$100,000Sold
N/A

Market trends in Richfield

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$358K
$1.17KMoM
Sale-to-List Price
100.6%
0.6%MoM
Price per sq ft
$198
$2MoM
Available listings
123
11MoM
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Property Tax and Assessment

Year2025
Tax$3,679
Assessment$278,500
Home facts updated by county records

Comparable Sales for 7345 5th Ave S

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7539 3rd Ave S, Richfield, MN
0.30
Single-Family Home
$300,000
09/18/25
2
1
921
7145 Nicollet Ave S, Richfield, MN
0.50
Single-Family Home
$265,000
08/21/25
2
1
1,090
7308 Clinton Ave S, Richfield, MN
0.18
Single-Family Home
$350,000
01/23/26
3
2
1,040
7341 4th Ave S, Richfield, MN
0.06
Single-Family Home
$315,000
08/08/25
3
2
1,484
7533 Columbus Ave S, Richfield, MN
0.33
Single-Family Home
$230,000
06/22/26
3
1
1,053
7544 Columbus Ave, Minneapolis, MN
0.32
Single-Family Home
$265,000
01/23/26
3
1
1,095
7544 Columbus Ave S, Richfield, MN
0.32
Single-Family Home
$265,000
02/03/26
3
1
1,088
7508 Portland Ave S, Richfield, MN
0.16
Single-Family Home
$230,000
11/17/25
3
2
1,318
7221 Clinton Ave S, Richfield, MN
0.22
Single-Family Home
$355,000
12/12/25
2
2
933
7300 3rd Ave S, Richfield, MN
0.24
Single-Family Home
$280,000
04/24/26
3
1
1,620

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 7345 5th 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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Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 7345 5th Ave S

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Off Market Homes Near 7345 5th Ave S

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Frequently asked questions about 7345 5th Ave S

  • What is 7345 5th Ave S estimated to be worth?
    Trulia's estimated value for 7345 5th Ave S in Richfield, MN is $298,400.
  • What is the price history for 7345 5th Ave S?
    7345 5th Ave S in Richfield, MN last sold for $238,000 in July 2019.
  • 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 $358K. That is up $1.17K from the prior month.
  • Does 7345 5th Ave S have air conditioning?
    Yes, 7345 5th Ave S in Richfield, MN has air conditioning.
  • Does 7345 5th Ave S have laundry facilities?
    Yes, 7345 5th Ave S in Richfield, MN has laundry facilities.