6920 Penn Avenue SRichfield, MN 55423
$259,000
3 bedrooms · 1 bathrooms · 1,091 finished sq ft · 0.14 acre lot
About this home
Priced to reflect condition, this home offers a great opportunity to build equity in a prime Richfield location just minutes from Edina. Updated homes on nearby blocks have sold in the $317K–$345K range, creating plenty of upside for the next owner. New roof in 2024. Make it yours and finish it your way instead of paying for someone else’s choices. Enjoy convenient access to Southdale Center, Galleria, Centennial Lakes, shopping, dining, parks, and major freeways. The property also features a 2-car detached garage and concrete driveway. Inside, the home offers good bones along with a partially finished basement featuring a wood-burning fireplace and additional room to expand, including potential for a 3rd bedroom. A rare entry-level price point in a highly convenient location with plenty of opportunity to add value. Owner is a MN Licensed Real Estate Broker.
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 1940
- Bedrooms
- 3
- Bathrooms
- 1
- Finished sq ft
- 1,091
- Lot
- 0.14 acres
- Garage
- 2 stalls
- Basement
- Block, Partially Finished
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Property taxes
- $4,301 a year
- Listed
- October 14, 2026
- MLS number
- 7155911
Listing courtesy of Mauzy Properties (Kyle Kaske). MLS #7155911.
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How it compares
6920 Penn Avenue S, Richfield, MN 55423 is a 3-bedroom single-family home built in 1940, listed for $259,000 on October 14, 2026 by Mauzy Properties. That is in the lower quarter of the 65 single-family homes for sale in Richfield right now (median $364,900; $237 per square foot here against $200 for the group). That works out to $237 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Richfield community guideSchools, commutes, parks, home values and local stories.
- Richfield housing market, September 2026Homes sold for a median $355,000 over 12 months (−2.7%), 38 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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