7338 Grand Ave S, Minneapolis, MN 55423

$250,000
Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 2,050 Lot Size (sq. ft.): 12,197 Status: Active
Current Price: $250,000 List Date: 5/28/2026 Last Modified: 6/08/2026

Overview

Description

Located in a highly convenient area of Richfield with quick access to I-494, shopping, restaurants, and everyday amenities, this single-family home offers incredible potential for an investor, flipper, or buyer ready to build equity. Property is being sold as-is and includes personal property currently remaining in the home, with the exception of the vehicle in the garage, which will be removed prior to closing. Buyer to assume responsibility for any remaining personal property. A rare opportunity to transform a well-located property into something truly special!

Listing Details MLS# 7078006

General Property Information

Common Wall
No
Lot Measurement
Square Feet
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront Present
No
Year Built
1951
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Main Floor Total SqFt
1025
Above Grd Total SqFt
1025
Below Grd Total SqFt
1025
Total SqFt
2050
Lot Size SqFt
12197
Total Finished Sqft
1435.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
1025
Garage Stalls
Yes
Lot Dimensions
75x165
Assessment Pending
Unknown
Bath Three Quarters
0
Bath Half
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Appliances: Dishwasher; Microwave; Range; Refrigerator Basement: Full Bath Description: Main Floor Full Bath Construction Status: Previously Owned Dining Room Description: Separate/Formal Dining Room Exterior: Brick/Stone Fireplace Characteristics: Wood Burning Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: In Basement Lock Box Type: Combo Pool Description: None Road Frontage: City Street Sellers Terms: Cash; Conventional; Conventional Rehab Sewer: City Sewer/Connected Special Search: Main Floor Bedroom Stories: One Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
280000
ListPrice
250000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
7338
Street Name
Grand Ave S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55423

Assessments

Assessment Balance
150
Tax With Assessments
4062

Building Information

Finished SqFt Above Ground
1025
Finished SqFt Below Ground
410

More Information

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
SPAAR
Combo
Yes

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
308

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
UNPLATTED 34 028 24 E 165 FT OF W 990 6/10 FT OF S 75 FT OF N 225 FT OF S 1/4 OF W 40 ACRES OF GOVT LOT 6
Listing City
Richfield
Map Page
134
Municipality
Richfield
School District
Richfield
School District Phone
612-798-6010
Property ID Number
3402824230006
Tax Year
2026
Tax Amount
3912
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Located in a highly convenient area of Richfield with quick access to I-494, shopping, restaurants, and everyday amenities, this single-family home offers incredible potential for an investor, flipper, or buyer ready to build equity. Property is being sold as-is and includes personal property currently remaining in the home, with the exception of the vehicle in the garage, which will be removed prior to closing. Buyer to assume responsibility for any remaining personal property. A rare opportunity to transform a well-located property into something truly special!
Directions
From I-494, go N on Lyndale Ave. S. turn R/east on W. 73rd St. Turn R/South on Grand Ave. S. to property on Right side of street.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Appliances

Dishwasher
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Basement

Full
Yes

Bath Description

Main Floor Full Bath
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Separate/Formal Dining Room
Yes

Exterior

Brick/Stone
Yes

Fireplace Characteristics

Wood Burning
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

In Basement
Yes

Patio, Porch and Deck Features

Porch
Yes
Screened
Yes

Pool Description

None
Yes

Road Frontage

City Street
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
Conventional Rehab
Yes

Sewer

City Sewer/Connected
Yes

Special Search

Main Floor Bedroom
Yes

Stories

One
Yes

Water

City Water/Connected
Yes
IDX
Listing Office: RE/MAX Advantage Plus
Last Updated: June - 08 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.