14349 Hemlock Court S, Apple Valley, MN 55124

Local realty services provided by:ERA Viking Realty
14349 Hemlock Court S,Apple Valley, MN 55124
$725,000
  • 12 Beds
  • 8 Baths
  • 5,376 sq. ft.
  • Multi-family
  • Active
Listed by: chris walsh
Office: re/max results
MLS#:7015704
Source:NSMLS

Price summary

  • Price:$725,000
  • Price per sq. ft.:$134.86

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,

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Home facts

  • Year built:1979
  • Listing ID #:7015704
  • Added:1 day(s) ago
  • Updated:February 13, 2026 at 05:57 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:8
  • Living area:5,376 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1979
  • Building area:5,376 sq. ft.
  • Lot area:0.53 Acres

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$725,000
  • Price per sq. ft.:$134.86
  • Tax amount:$11,890 (2026)
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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