14349 Hemlock Court S Apple Valley, MN 55124
Listing Courtesy of: MLS LogoNORTHSTAR MLS / Re/Max Results

  14349 Hemlock Court S Apple Valley, MN 55124

Pending (7 Days)
$725,000 (USD)
12
BED
8
BATH
5,376
SQFT

Description

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.

MLS #:
7015704
Taxes
$11,890(2026)
Lot Size
0.53 acres
Type
Multifamily
Year Built
1979
Style
Two
School District
Rosemount-Apple Valley-Eagan
County
Dakota County

Listed By

Chris Walsh, Re/Max Results
Source
NORTHSTAR MLS
Last checked Feb 20 2026 at 3:28 AM GMT+0000
Bathroom Details
Subdivision
  • Academy Village
Heating and Cooling
  • Forced Air
Basement Information
  • Full
  • Finished
Utility Information
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
Parking
  • Asphalt
  • Tuckunder Garage
Stories
  • 2
Living Area
  • 5,376 sqft
Location
   
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