- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2302014
- Year Built:
- 1976
- Photos (8)
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Exceptional investment opportunity in the Riverside community of Red Deer featuring a well-maintained fourplex situated on a massive lot. This property offers four fully self-contained units, each with two bedrooms, providing an ideal layout for consistent rental income. All units are currently tenanted, making this a true turnkey investment with immediate cash flow.
Each suite is thoughtfully designed with its own in-unit laundry, offering added convenience and appeal for tenants. The property also features private balconies for each unit, enhancing livability and long-term rental desirability. The expansive, fully fenced lot provides additional outdoor space and privacy, while also offering potential for future value enhancement.
Well-positioned within Red Deer, this property benefits from strong rental demand and a stable tenant base. With separate living spaces, desirable unit features, and solid income potential, this fourplex is an excellent addition to any investment portfolio.
- Property Type:
- Multi-Family
- Property Sub Type:
- 4 plex
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
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- Home Style:
- Bi-Level
- Total Living Area:
- 1,701 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Lot Area:
- 10,400 sq. ft.
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
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- Acres Water Rights:
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- Reg. Size:
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- Reg. Size Includes:
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- Year built:
- 1976 (Age: 50)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 8079AF
- New Constr.:
- No
- Structure Type:
- Four Plex
- Ensuite:
- No
- Garage:
- No
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Riverside Meadows (Red Deer)
- Fridge x4, Stoved x4, Washer x4, Dryer x4
- None Known
- Title to Land:
- Fee Simple
- Num. of Parcels:
- 0
- Region:
- Red Deer
- Zoning:
- R-L
- Listed Date:
- Apr 15, 2026
- Days on Mkt:
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Listed by Real Broker
Data was last updated April 16, 2026 at 02:05 AM (UTC)
- RHONDA BELLAMY
- Century 21 Maximum
- 1 (403) 5019472
- rhonda.bellamy@century21.ca
Office Address:
#204, 25 Beju Ind. Drive
Sylvan Lake, AB, T4S 0B6
