Courtesy: RE/MAX Results
952-848-2400
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.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Apple Valley is located in Minnesota. Apple Valley, Minnesota has a population of 55,237. Apple Valley is more family-centric than the surrounding county with 34.79% of the households containing married families with children. The county average for households married with children is 34.41%.
The median household income in Apple Valley, Minnesota is $91,936. The median household income for the surrounding county is $93,892 compared to the national median of $69,021. The median age of people living in Apple Valley is 37.5 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 6.2 degrees. The average rainfall is approximately 32.4 inches per year, with 45.2 inches of snow per year.
