We Buy Houses in Richfield, MN — Any Condition, Any Situation
Richfield is a first-ring Hennepin County suburb directly south of Minneapolis, bounded by the Crosstown and I-494 near the airport. Richfield built out almost entirely during the postwar boom, leaving block after block of small two- and three-bedroom ramblers on uniform lots. Most are around seventy years old now and owned by long-time families or their heirs. Original kitchens, original wiring, and deferred maintenance are the norm here — none of which changes what we can offer.
K&G Investments (K&G Investments LLC) purchases homes throughout Richfield for cash — in every ZIP code, every condition, every situation. We close in as little as 7 days with zero fees, zero repairs, and zero agent commissions.
The Richfield Real Estate Market — What Sellers Need to Know
Richfield is a first-ring Hennepin County suburb directly south of Minneapolis, bounded by the Crosstown and I-494 near the airport. Richfield built out almost entirely during the postwar boom, leaving block after block of small two- and three-bedroom ramblers on uniform lots. Most are around seventy years old now and owned by long-time families or their heirs. Original kitchens, original wiring, and deferred maintenance are the norm here — none of which changes what we can offer.
Across the Twin Cities metro the median sale price has been running in the high $300,000s, but that number hides enormous variation between neighborhoods and, more importantly, between move-in-ready homes and those needing work. A home that needs a roof, mechanicals, or a full interior update rarely fetches anything close to the headline median on the open market — and that gap is where a cash sale usually wins.
Hennepin County's housing market shows strong buyer demand, but traditional sales still carry real risks: financing contingencies, inspection negotiations, and appraisals that can derail weeks of effort. A cash sale eliminates all of that.
How It Works — 3 Steps
We respond same day. Tell us about the property and your situation. Zero pressure, zero obligation.
Based on real local comps and the home's actual condition. We explain the numbers. No hidden deductions, no last-minute changes.
7 days or 60 days — you choose. We cover all closing costs. Your equity is wired directly to your account at closing.
Why Richfield Homeowners Choose a Cash Sale Over Listing Traditionally
| Factor | K&G Investments | Traditional Richfield Listing |
|---|---|---|
| Cash offer timeline | 24 hours after our visit | Weeks on market before any offer |
| Repairs required | Zero — we buy as-is | Often $5,000–$40,000+ before listing |
| Agent commissions | None | 5–6% of sale price |
| Closing costs (seller) | We pay all | 1–3% of sale price |
| Inspection contingency | No — as-is purchase | Buyers typically request repairs/credits |
| Financing fall-through risk | Zero — cash purchase | 15–30% of contracts fall through |
| Time to close | 7–14 days | 60–120 days total |
| Showings required | One visit by us | Multiple showings, often inconvenient |
We Buy Richfield Homes in Every Situation
Whatever brought you here, K&G Investments has worked with Richfield homeowners through every kind of situation. You don't need to have everything figured out before you call us.
Foreclosure
Stop the sheriff's sale — sell in 7 days.
💔Divorce
Simplify the sale. Move forward fast.
🏚️Inherited Property
Probate-ready. Any condition.
🔨Major Repairs
Mold, fire, code violations — as-is.
✈️Relocating
Close fast. Move on your timeline.
🏘️Tired Landlord
Tenants in place. No eviction needed.
💸Behind on Taxes
Stop the tax auction. Fast close.
📉Downsizing
Leave what you don't want. We handle it.
Richfield Property Tax Information
Richfield properties are in Hennepin County and assessed by the Hennepin County Assessor. Minnesota property taxes are due May 10 and November 10 each year. The homestead deduction ($48,000+ off assessed value) applies to primary residences — apply through the Hennepin County Auditor.
If you're behind on property taxes, your county's property tax office handles payment arrangements and delinquency resolution — including a confession of judgment under Minn. Stat. § 279.37, Minnesota's installment plan for delinquent taxes. Delinquent taxes are automatically paid off at closing from your sale proceeds — you don't need to bring cash to the table. Contact: Hennepin County property tax, (612) 348-3011.
Local Resources for Richfield Homeowners
Richfield & Hennepin County Resources
- City of Richfieldrichfieldmn.govPermits, code enforcement, and city property records.
- Hennepin County Assessorhennepincounty.gov | (612) 348-3046Look up assessed value, classification, and comparable sales.
- Hennepin County Property Taxhennepincounty.gov | (612) 348-3011Current and delinquent balances and county payment options.
- Mid-Minnesota Legal Aidmylegalaid.org | (612) 746-3619Free civil legal help for qualifying low-income Twin Cities residents.
- Minnesota Homeownership Centerhocmn.org | (651) 659-9336Free foreclosure-prevention counseling through a statewide advisor network.
About K&G Investments LLC — Your Local Richfield Cash Buyer
Glenn and Kelly aren't a hedge fund or a national iBuyer platform. They live and invest in Minneapolis. They know Richfield — the Penn and Lyndale Avenue corridors, the neighborhoods around Wood Lake Nature Center, and the established blocks near Veterans Memorial Park — what the comps actually say in each area, and what fair value means for a property in any condition.
Our purchases are a matter of public record in the Hennepin County Assessor's database — search "K&G Investments LLC" to see our actual purchase history in Richfield and the surrounding area. When we make an offer, it's based on real local knowledge, and it's the number we pay at closing.