14349 Hemlock Court S, Apple Valley, MN 55124
Local realty services provided by:CENTURY 21 FM Realty
14349 Hemlock Court S,Apple Valley, MN 55124
$750,000
- 12 Beds
- 8 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: chris walsh
Office: re/max results
MLS#:7015704
Source:NSMLS
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Price summary
- Price:$750,000
About this home
Turnkey 12-bedroom four-plex in prime Apple Valley location. Fully leased and generating $78,780 in annual gross rents, this 4-unit property offers immediate cash flow with built-in upside.
Each unit features 3 bedrooms, 2 bathrooms, approximately 1,300 finished square feet, in-unit laundry, and an attached one-car garage with additional off-street parking.
Roof was replaced in 2025.
All units are separately metered with tenants paying gas, electric, water, trash, and all utilities—keeping owner expenses low and predictable.
Lease terms are primarily 12-month agreements with staggered expirations extending through 2026 and 2027, providing stability and reduced turnover risk.
Current rents range from $1,595 to $1,725 per month, with three units positioned below market—offering clear opportunity for future rental growth through natural turnover and light cosmetic improvements.
Located near Apple Valley High School with strong rental demand and convenient access to shopping, dining, and major commuting routes.
A clean, stabilized asset with upside potential in a strong Dakota County rental market....
Contact an agent
Home facts
- Year built:1979
- Listing ID #:7015704
- Added:49 day(s) ago
- Updated:April 03, 2026 at 07:36 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:8
- Basement:Yes
- Basement Description:Finished, Full
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1979
- Levels:2 Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$750,000
- Tax amount:$11,890 (2026)
Parking
- Parking description:Asphalt, Tuckunder Garage
- Garage:Yes
- Garage spaces:4
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