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7425 18th Ave

Richfield, MN 55423

7 bd 4 ba 1,936 sqft Built 1957 Lot 9,975 sqft multi_family
Most recent sale
$432,500
Jan 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 7, 2022 Sold $432,500 MLS #6130468
Dec 6, 2021 Listed $409,000 MLS #6130468
May 16, 2019 Price changed for rent $1,495 RentFeeder
Apr 16, 2019 Listed for rent $1,550 RentFeeder
May 18, 2017 Listing removed $1,400 RentFeeder
Apr 30, 2017 Listed for rent $1,400 ShowMojo
Apr 18, 2017 Listing removed $1,400 ShowMojo
Apr 15, 2017 Listing removed $1,400 RentFeeder
Apr 8, 2017 Listed for rent $1,400 ShowMojo
Mar 30, 2017 Listed for rent $1,400 RentFeeder
Apr 28, 2015 Listing removed $1,350 RentFeeder
Apr 7, 2015 Listed for rent $1,350 RentFeeder
Apr 22, 2004 Sold $295,000 Public Record
Oct 3, 1997 Sold $107,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $274,700 $156,000 $430,700 $7,746
2024 $274,200 $161,000 $435,200 $8,132
2023 $247,000 $156,000 $403,000 $6,817
2022 $212,000 $139,000 $351,000 $6,159
2021 $201,000 $127,000 $328,000 $5,833
2020 $201,000 $127,000 $328,000 $5,888
2019 $192,000 $125,000 $317,000 $5,992
2018 $212,000 $104,000 $316,000 $4,118
2017 $247,250 $3,305
2016 $216,730 $3,464
2015 $212,370 $4,428
2014 $161,000 $65,000 $226,000 $4,763
2013 $154,000 $65,000 $219,000 $4,512
2012 $147,000 $65,000 $212,000 $4,423
2011 $154,000 $65,000 $219,000 $4,552
2010 $177,000 $65,000 $242,000 $4,655
2009 $195,000 $79,000 $274,000 $4,726
2008 $211,000 $88,000 $299,000 $4,833
2007 $184,100 $94,800 $278,900 $4,050

Property facts

Year built
1957
Property type
multi_family
Stories
Beds
7
Baths
4
Living area
1,936 sqft
Lot size
9,975 sqft
ZIP code
55423
City
Richfield
Street
18th Ave
Coordinates
44.86812, -93.24880

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,904
Gross rental yield
8.06%
Implied cap rate
5.24%
Trend-extrapolated value

Frequently asked questions

When did 7425 18th Ave last sell?
7425 18th Ave most recently sold on Jan 7, 2022 for $432,500.
What is the current tax assessment for 7425 18th Ave?
The most recent total assessment for 7425 18th Ave (year 2025) is $430,700 with $7,746 in property tax.
How does 7425 18th Ave's assessment compare to its last sale price?
The current assessment is 0.4% below the last sale price of $432,500.
When was 7425 18th Ave built?
7425 18th Ave was built in 1957.
How does 7425 18th Ave compare to others on 18th Ave?
We track 8 other properties on 18th Ave. Browse the list under "Other properties on 18th Ave" to compare beds, baths, and sale history.
What are the property facts for 7425 18th Ave?
7425 18th Ave is a 7 bed, 4 bath, 1,936 sqft, 9,975 sqft lot multi_family.
Is 7425 18th Ave a flip candidate?
No — 7425 18th Ave does not appear in our flips dataset.
Is 7425 18th Ave a tax-appeal candidate?
No — 7425 18th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.1%
2026 Q3
$392.4K
2026 Q4
$394.4K
ZIP 55423 — Median Price History + Forecast

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