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4921 46 Street
Downtown Red Deer Red Deer T4N 1N2

$219,900
Residential beds: 2 baths: 1.0 845 sq. ft. built: 1945

Main Photo: 4921 46 Street in Red Deer: Downtown Red Deer Detached for sale : MLS®# A2329683
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2329683
Bedrooms:
2
Bathrooms:
1
Year Built:
1945
DOWNTOWN LOCATION | C-1 COMMERCIAL ZONING | LONG TERM TENANT IN PLACE – Offering plenty of future potential, this downtown property is a great opportunity for investors looking to add to their portfolio or buyers seeking the flexibility that comes with C-1 zoning. Situated on a mature lot in a highly accessible central downtown location, this bungalow offers 845 square feet of living space with two bedrooms, a full bathroom, a functional kitchen, and a bright living room. With a long term tenant already in place, the property offers the benefit of an established tenancy while you consider your future plans. Whether your vision includes renovation, redevelopment, or making the most of the C-1 Commercial zoning, this unique property offers plenty of possibilities. This property is currently rented for $1,150/month including utilities.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
Bungalow
Total Living Area:
845 sq. ft.
Main Level Finished Area:
845 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Acreage:
No
Lot Area:
6,427 sq. ft.
Lot Frontage:
49'11"
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
North
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North, South
Levels:
One
Total Rooms Above Grade:
2
Year built:
1945 (Age: 81)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms On Main:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Num Ensuite Baths:
0
Plan:
6416ET
Heating:
Forced Air, Natural Gas
Basement:
Full, Partially Finished, None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Hardwood, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Alley Access, Off Street, Parking Pad
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Downtown Red Deer (Red Deer)
None
AS-IS
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
9'2" × 9'1"
Main Floor
Bedroom
10' × 9'1"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
Title to Land:
Fee Simple
Community Features:
Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Separate Entrance, Storage
Exterior Features:
None
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, Front Yard, Interior Lot, Rectangular Lot
Num. of Parcels:
0
Fencing:
None
Region:
Red Deer
Zoning:
C-1
Listed Date:
Jul 20, 2026
Days on Mkt:
  • Photo 1: 4921 46 Street in Red Deer: Downtown Red Deer Detached for sale : MLS®# A2329683
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Listed by RE/MAX real estate central alberta
Data was last updated July 24, 2026 at 12:05 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$219,900
Min list price:
$89,900
Max list price:
$319,900
Avg days on market:
27
Min days on market:
3
Max days on market:
166
Avg price per sq.ft.:
$246.03
These statistics are generated based on the current listing's property type and located in Downtown Red Deer. Average values are derived using median calculations. This data is not produced by the MLS® system.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.