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  • 3809-3813 50 Street: Red Deer Multi Family for sale : MLS®# A2256418

    3809-3813 50 Street Red Deer Red Deer T4N 1W1
    Main Photo: 3809-3813 50 Street: Red Deer Multi Family for sale : MLS®# A2256418
    $1,375,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2256418
    Attention Investors: Are you a seasoned investor or new to the market! Either way your not going to want to miss out on this opportunity. 2 very well maintained 2 bedroom 4 plex's units on 1 lot one title. Exceptionally well cared for and lots of renovations over the years. From the roofs to the siding to the interiors including kitchens, cabinets, flooring, paint, bathrooms, some, furnaces hot water tanks ( vary from unit to unit) all show well with good tenants in place on fixed and monthly leases wanting to stay. Could easily produce a 7% or greater cap rate while still maintaining lower than FMR. Great property if you want to self manage yourself with no large common areas or the associated costs other than small amount of grass to cut and little snow to shovel. Good convenient SE side location on the bus route. Plenty of parking with 1 powered stalls for each unit at the rear.. Currently grossing $110,000 a year with costs of approx $22,000. If your just starting out or adding to your portfolio this one will be well worth considering. More details
    Listed by RE/MAX real estate central alberta
  • 4601 55 Street: Ponoka Multi Family for sale : MLS®# A2264275

    4601 55 Street Ponoka Ponoka T4J 0A8
    Main Photo: 4601 55 Street: Ponoka Multi Family for sale : MLS®# A2264275
    $1,300,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2264275
    This 14 suite apartment in Ponoka offers a great income generating opportunity. 4 bachelor suites, 2 1-b/r suites and 8 2-b/r suites. Upgrades include all new windows, peaked shingled roof, Two High Efficiency Boilers (1 for heat and 1 for domestic water), 4 Exterior Sumps, exterior styrofoam insulation & vinyl siding, balconies. A number of the units have been renovated. Triple car garage is heated, includes 220 wiring and has a separate meter for power. Includes 1 garage door opener with keypad entry. Would work well as a workshop or storage. Plenty of parking. More details
    Listed by RE/MAX real estate central alberta
  • 5904 51 Avenue: Red Deer Multi Family for sale : MLS®# A2268099

    5904 51 Avenue Red Deer Red Deer T4N 4H9
    Main Photo: 5904 51 Avenue: Red Deer Multi Family for sale : MLS®# A2268099
    $1,495,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2268099
    Investment Opportunity! FULLY RENTED & FULLY RENOVATED 11 Unit APARTMENT BUILDING for sale!!! 5 Two Bedroom Units and 6 - 1 Bedroom Units, There is a possibility of a 12th Bachelor Suite which would require City Approval. Each Unit has been fully renovated with Vinyl Plank Flooring, Kitchen Cabinets and newer Fridges, Stoves and BI Dishwashers. All Units have new Balconies. Building has been Extremely Well Maintained with Newer Boiler, Roof, HWT, Windows, Carpeting in Halls. 2 Commercial Washer’s and Dryers with large Laundry Room. This Property is Completely Turn Key! More details
    Listed by Realty Executives Alberta Elite
  • 4746 55 Street: Red Deer Multi Family for sale : MLS®# A2268015

    4746 55 Street Red Deer Red Deer T4N 2J1
    Main Photo: 4746 55 Street: Red Deer Multi Family for sale : MLS®# A2268015
    $3,500,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2268015
    Build. Type:
    Low Rise (2-4 stories)
    Excellent opportunity to acquire a well-maintained 24-unit apartment complex offering strong in-place income with upside potential. The property consists of 6 two-bedroom units, 14 one-bedroom units, and 4 bachelor suites — each individually metered for electricity. Recent capital improvements include a new roof (2020) and a new boiler heating system (2025). Many suites have updated flooring and appliances, and the property has been diligently cared for with consistent maintenance, paint and cleaning. The building features 24 surface parking stalls, each with electrical outlets. Conveniently located near the river, public transit, schools, and shopping, this property appeals to a broad tenant base. With solid current cash flow and market rent growth potential, this is a turnkey investment with additional opportunity for value-add repositioning. More details
    Listed by Real Broker
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Data was last updated December 5, 2025 at 06:05 PM (UTC)
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