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Side-by-Side Duplex
For Sale
$499,900

14840 Dallara Avenue W, Rosemount, MN 55068

Residential Income, Rosemount, MN

Property Size2,818 SF
Lot Size0.51 Acres
Price / SF$177.40
Days on Market8

Property Features for 14840 Dallara Avenue W

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential-Multi-Family
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Laundry Room, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Basement
Parking features Driveway
Subdivision Broback 6th Add
Lot features Public Transit (w/in 6 blks), Tree Coverage - Light
High school district Rosemount-Apple Valley-Eagan
Directions Head east on County Hwy-42, Turn left onto Shannon Pkwy, Turn left onto Dodd Blvd, Turn left onto Dallara Ave W
Standard status Active
APN 341520502030
Size 2,818 SF
Lot size 0.51 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4740

Utilities

Heating system Forced Air

Building Details

Year built 1974
Building materials Block
Listing Agency: Keller Williams Preferred Rlty · Keller Williams Realty
Listed By: The Huerkamp Home Group
Added: Oct 9 Changed: Oct 15 Last Checked: Oct 16 at 4:06PM
MLS# 7157954

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This side-by-side duplex contains 2,818 square feet across two residences, with single-level living areas and additional basement space. The basements include a bedroom or flexible-use area and 3/4 bathrooms. Built in 1974, the property has block construction, forced-air heating, and driveway parking on a 0.51-acre lot.

The property is in Rosemount, with access to downtown, shopping, restaurants, parks, trails, and everyday amenities. County Road 42 and major commuting routes are nearby, and the address is within School District 196, serving Rosemount, Apple Valley, and Eagan.

Key Highlights

  • Side‑by‑side duplex with 2,818 square feet
  • 0.51‑acre lot in Rosemount
  • Basements include a bedroom or flexible‑use space and 3/4 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,173
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,460 $823.5K
Cap Rate 7%
$588,186 $588.2K
Cap Rate 9%
$457,478 $457.5K
Market Conditions
NOI Build-Up for 2,818 SF
Gross rent
$62.6K $22.20/SF
− Vacancy
−$3.7K −$1.33/SF
EGI
$58.8K $20.87/SF
− OpEx
−$17.6K −$6.26/SF
NOI
$41.2K $14.61/SF
Area
Dakota County, MN
Vacancy
5.98%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,460
Cap Rate 7%
$588,186
Cap Rate 9%
$457,478

Alternative Uses

Best Use
Multifamily LT 5
$588.2K
$514.7K – $686.2K (±1% cap)
NOI $41,173 @ 7.0% cap · market cap 8.24%
Second Best
Apartment 5plus
$540.2K
$472.7K – $630.3K (±1% cap)
NOI $37,817 @ 7.0% cap · market cap 7.56%
Theoretical Best
Healthcare Medical
$693.5K
$606.8K – $809.1K (±1% cap)
NOI $48,543 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon HVAC Service Parking Lot & Garage Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

313
Businesses Nearby

Demographics for 55068, MN

31,593
Population
11,794
Households
2.7
Avg Household Size
37
Median Age
47%
College-Educated
97%
High-School Grad
46.0 sq mi
ZIP Area
687
Density / Sq Mi
$125,271
Median Household Income
$62,445
Median Earnings
$1,610
Median Rent
$379,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two dwelling units sit on a half-acre parcel in an established Rosemount neighborhood.
Where is this duplex located?
The property is located at 14840 Dallara Avenue W Rosemount, MN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Side‑by‑side duplex with 2,818 square feet; 0.51‑acre lot in Rosemount; Basements include a bedroom or flexible‑use space and 3/4 bathrooms
More about this property
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