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.
Closed
$750,000
14349 Hemlock Ct S, Saint Paul, MN 55124
12beds
8baths
6,528sqft
Fourplex
Built in 1979
-- sqft lot
$759,100 Zestimate®
$115/sqft
$1,822 Estimated rent
Home value
$759,100
Estimated sales range
Not available
$1,822/mo
Zestimate® history
Owner options
List your home for rent
$1,822/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,822/mo
Rent Zestimate®
Refinance and save
$4,695/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,695/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Attached one-car garageAdditional off-street parkingIn-unit laundry
Zillow last checked:
Listing updated:
Listed by:
Chris Walsh 952-412-0176,
RE/MAX Results
Bought with:
Lauren Rowe
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7015704
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating
- Forced Air
Appliances
- Laundry: In Unit
Features
- Basement: Finished,Full
Interior area
- Total structure area: 6,528
- Total interior livable area: 6,528 sqft
- Finished area above ground: 3,980
- Finished area below ground: 1,396
Property
Parking
- Total spaces: 4
- Parking features: Asphalt, Tuckunder Garage
- Attached garage spaces: 4
- Details: Garage Dimensions (23x11)
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 0.53 Acres
- Dimensions: 70 x 120 x 169 x 110 x 130
Details
- Foundation area: 3768
- Parcel number: 011035002080
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Academy Village
HOA
- Amenities included: None
Location
- Region: Saint Paul
Financial & listing details
- Price per square foot: $115/sqft
- Tax assessed value: $848,000
- Annual tax amount: $11,890
- Date on market: 2/12/2026
- Cumulative days on market: 5 days
- Tenant pays: Broadband, Cable TV, Electricity, Gas, Telephone, Sewer, Trash Collection, Water
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Sold | $750,000+3.4%$115/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7015704 Report a problem | ||
| 2/17/2026 | Pending sale | $725,000$111/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7015704 Report a problem | ||
| 2/12/2026 | Listed for sale | $725,000$111/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7015704 Report a problem | ||
| 2/5/2025 | Listing removed | $1,595 |
Source: Zillow Rentals Report a problem | ||
| 12/19/2024 | Listed for rent | $1,595+4.6% |
Source: Zillow Rentals Report a problem | ||
| 9/8/2019 | Listing removed | $1,525 |
Source: Zillow Rental Manager Report a problem | ||
| 9/5/2019 | Listed for rent | $1,525 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,850 -1.2% | $848,000 -1.8% |
| 2023 | $11,994 +6.5% | $863,900 +17.9% |
| 2022 | $11,266 +27.6% | $733,000 +19.1% |
| 2021 | $8,830 +3.4% | $615,600 +2.4% |
| 2020 | $8,540 -0.4% | $601,300 +9.2% |
| 2019 | $8,576 | $550,800 +4.2% |
| 2018 | $8,576 +6.5% | $528,700 +5.3% |
| 2017 | $8,051 +9.2% | $502,000 +21.4% |
| 2016 | $7,375 +13.5% | $413,400 +3.8% |
| 2015 | $6,500 +6.5% | $398,200 +2.1% |
| 2014 | $6,105 -7.4% | $390,000 |
| 2013 | $6,591 -1.3% | $390,000 |
| 2012 | $6,679 +4.6% | -- |
| 2011 | $6,387 -9.2% | -- |
| 2010 | $7,032 -3.2% | -- |
| 2009 | $7,265 +2.8% | -- |
| 2008 | $7,065 +0.5% | -- |
| 2007 | $7,028 -1.9% | -- |
| 2006 | $7,168 +5.6% | -- |
| 2004 | $6,787 -17.1% | -- |
| 2003 | $8,187 +34.1% | -- |
| 2002 | $6,106 -20.4% | -- |
| 2001 | $7,671 | -- |
Find assessor info on the county website
Neighborhood: Alimagnet
Nearby homes
- $267,4003 bd2 ba1.3k sqft14355 Hemlock Ct S, Apple Valley, MN 55124Off Market
- $--3 bd2 ba1.3k sqft14353 Hemlock Ct S, Saint Paul, MN 55124Off Market
- $--3 bd2 ba1.3k sqft14349 Hemlock Ct S #1, Saint Paul, MN 55124Off Market
- $--3 bd2 ba1.3k sqft14351 Hemlock Ct S, Apple Valley, MN 55124Off Market
- $187,2003 bd2 ba920 sqft14341 Hemlock Ct S, Apple Valley, MN 55124Off Market
- $216,3002 bd1 ba1k sqft8329 144th St W, Saint Paul, MN 55124Off Market
- $216,3002 bd1 ba1k sqft8329 144th St W, Apple Valley, MN 55124Off Market
- $220,5003 bd2 ba1.3k sqft14343 Hemlock Ct S, Apple Valley, MN 55124Off Market
Nearby schools
GreatSchools rating
- 5/10Westview Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10Valley Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10Apple Valley Senior High SchoolGrades: 9-12Distance: 0.3 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$759,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$759,100
- Minnesota
- Dakota County
- Apple Valley
- 55124
- Alimagnet
- 14349 Hemlock Ct S
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Apple Valley Topics
