Well-maintained quadplex opportunity for investor in convenient 196 schools. 4 matching units w/ updated kitchens, baths & in unit laundry. Spacious living/dining area, open kitchen concept & updated appliances. Full bath & great size bedrooms w/ ample storage. Long-term tenants with strong rents but potential to grow them further. New electric in 2017, new carpet in units & main hall in 2020, windows, AC units, back door, gutters & leaf-guard in 2021, paving in parking lot & landscaping in 2022, boilers in 2023.
4 garage spaces & plenty of extra off street parking for all units at rear or property. Quiet street within walking distance to numerous shops, restaurants, local schools. Easy access to HWY 77 & 35E. 25 min to both downtowns & the airport. Act fast, opportunities like this don't come around often in 196 schools & won’t last long. Can be purchased separate or together with 16947 Garcia Way.
Closed
$698,000
16953 Garcia Way, Rosemount, MN 55068
8beds
4baths
3,672sqft
Multi Family
Built in 1979
-- sqft lot
$717,900 Zestimate®
$190/sqft
$1,944 Estimated rent
Home value
$717,900
$668,000 - $768,000
$1,944/mo
Zestimate® history
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$4,342/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Reidell Estey & Associates – Marti Estey 651-442-9353,
RE/MAX Results
Bought with:
Reidell Estey & Associates – Joe Anderson
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6594062
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Boiler
Appliances
- Laundry: In Unit, Washer Hookup
Features
- Basement: None
Interior area
- Total structure area: 3,672
- Total interior livable area: 3,672 sqft
- Finished area above ground: 3,672
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Detached Garage
- Garage spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Deck, Patio
- Pool features: None
- Fencing: None
Lot
- Size: 0.78 Acres
- Dimensions: 86 x 190 x 235 x 303
Details
- Foundation area: 1836
- Parcel number: 221670001120
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Rosemount
- Subdivision: Cedar Highlands 1st Add
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/8/2024 | Sold | $698,000-0.3%$190/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6594062 Report a problem | ||
| 10/14/2024 | Pending sale | $699,900$191/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6594062 Report a problem | ||
| 9/19/2024 | Listed for sale | $699,900+60.2%$191/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6594062 Report a problem | ||
| 1/14/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 12/29/2021 | Listed for rent | $1,295 |
Source: Zillow Rental Manager Report a problem | ||
| 5/18/2017 | Sold | $437,000+24.9%$119/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4807792 Report a problem | ||
| 9/13/2001 | Sold | $350,000$95/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,090 +0.2% | $637,200 -1.8% |
| 2023 | $8,072 +26% | $649,100 +18.3% |
| 2022 | $6,404 +5.6% | $548,500 +16.7% |
| 2021 | $6,064 +0.4% | $469,900 +4.1% |
| 2020 | $6,040 +7.1% | $451,200 +10.2% |
| 2019 | $5,638 | $409,500 +5.5% |
| 2018 | $5,638 +8.9% | $388,100 +4.9% |
| 2017 | $5,179 +1.8% | $369,800 +15.6% |
| 2016 | $5,087 +3% | $320,000 +0.9% |
| 2015 | $4,940 -1.3% | $317,000 +0.6% |
| 2014 | $5,006 -12.2% | $315,000 |
| 2013 | $5,703 +3.5% | $315,000 |
| 2012 | $5,510 +6.2% | -- |
| 2011 | $5,188 -21.8% | -- |
| 2010 | $6,631 +4.5% | -- |
| 2009 | $6,344 -0.9% | -- |
| 2008 | $6,400 +15.7% | -- |
| 2007 | $5,533 +3.4% | -- |
| 2006 | $5,350 | -- |
Find assessor info on the county website
Neighborhood: 55068
Nearby schools
GreatSchools rating
- 6/10Parkview Elementary SchoolGrades: K-5Distance: 0.9 mi
- 4/10Valley Middle SchoolGrades: 6-8Distance: 1.9 mi
- 6/10Apple Valley Senior High SchoolGrades: 9-12Distance: 2.7 mi
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Estimated market value
$717,900
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
$717,900
- Minnesota
- Dakota County
- Lakeville
- 55068
- 16953 Garcia Way
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