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

    3809-3813 50 Street Eastview Red Deer T4N 1W1
    Main Photo: 3809-3813 50 Street in Red Deer: Eastview Multi Family for sale : MLS®# A2256418

    3809-3813 50 Street Red Deer T4N 1W1 Eastview

    $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
    LISTING DETAILS

  • 4601 55 Street in Ponoka: Central Ponoka Multi Family for sale : MLS®# A2264275

    4601 55 Street Central Ponoka Ponoka T4J 0A8
    Main Photo: 4601 55 Street in Ponoka: Central Ponoka Multi Family for sale : MLS®# A2264275

    4601 55 Street Ponoka T4J 0A8 Central Ponoka

    $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
    LISTING DETAILS

  • 4746 55 Street in Red Deer: Downtown Red Deer Multi Family for sale : MLS®# A2268015

    4746 55 Street Downtown Red Deer Red Deer T4N 2J1
    Main Photo: 4746 55 Street in Red Deer: Downtown Red Deer Multi Family for sale : MLS®# A2268015

    4746 55 Street Red Deer T4N 2J1 Downtown Red Deer

    $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
    LISTING DETAILS

  • #101-304 5011 39 Street in Red Deer: South Hill Multi Family for sale : MLS®# A2278693

    #101-304 5011 39 Street South Hill Red Deer T4N 0Z6
    Main Photo: #101-304 5011 39 Street in Red Deer: South Hill Multi Family for sale : MLS®# A2278693

    #101-304 5011 39 Street Red Deer T4N 0Z6 South Hill

    $2,250,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2278693
    18 suite apartment building adjacent to the Red Deer Regional Hospital which is currently undergoing a $1 billion expansion that will provide 3,000 direct jobs. Suite mix is 3 - 2br, 14 1br and 1 bachelor (which has just become vacant and is being renovated). New shingles and exterior concrete work completed in 2025. Some new windows. Newer boiler and hot water tank. RPR has been ordered. This building is one of four buildings offered by the same owner and can be purchased individually or as a package. The other buildings are located at 4920-47 St (24 suites), 4744 - 54 St (24 suites) and 4721 - 55 St (40 suites). More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS

  • #101-308 4920 47 Street in Red Deer: Downtown Red Deer Multi Family for sale : MLS®# A2278706

    #101-308 4920 47 Street Downtown Red Deer Red Deer T4N 1R5
    Main Photo: #101-308 4920 47 Street in Red Deer: Downtown Red Deer Multi Family for sale : MLS®# A2278706

    #101-308 4920 47 Street Red Deer T4N 1R5 Downtown Red Deer

    $2,520,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2278706
    Downtown Red Deer apartment building. 24, large 1 bedroom suites. New membrane roof in 2025. Some new windows. Newer boiler and hot water tank. RPR has been ordered. This building is one of four buildings offered by the same owner and can be purchased individually or as a package. The other buildings are located at 5011 - 39 St (18 suites), 4744 - 54 St (24 suites) and 4721 - 55 St (40 suites). More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS

  • #101-410 4721 55 Street in Red Deer: Downtown Red Deer Multi Family for sale : MLS®# A2278710

    #101-410 4721 55 Street Downtown Red Deer Red Deer T4N 2H9
    Main Photo: #101-410 4721 55 Street in Red Deer: Downtown Red Deer Multi Family for sale : MLS®# A2278710

    #101-410 4721 55 Street Red Deer T4N 2H9 Downtown Red Deer

    $4,600,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2278710
    4 storey walk-up apartment building in downtown Red Deer. 16 - 2 br suites and 24 - 1 br suites. Suites are spacious with galley kitchens, 4 pce bath, generous bedrooms, storage room and balcony (top 3 floors). Approximately 25% of the suites have been renovated. 2 laundry rooms with 2 coin operated washers and dryers in each. Roof is torch-on asphalt. 56 energized parking stalls. This building is one of four buildings offered by the same owner and can be purchased individually or as a package. The other buildings are located at 5011 - 39 St (18 suites), 4744 - 54 St (24 suites) and 4721 - 55 St (40 suites). More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS

  • #101-406 4744 54 Street in Red Deer: Downtown Red Deer Multi Family for sale : MLS®# A2278717

    #101-406 4744 54 Street Downtown Red Deer Red Deer T4N 2G3
    Main Photo: #101-406 4744 54 Street in Red Deer: Downtown Red Deer Multi Family for sale : MLS®# A2278717

    #101-406 4744 54 Street Red Deer T4N 2G3 Downtown Red Deer

    $2,699,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2278717
    Well maintained 24 suite, 4 storey walk-up apartment on a quiet street in downtown with 16 - 1 bedroom and 8 - 2 bedroom suites. Suites are spacious and offer large kitchens, 4 pce bath, generous bedrooms, storage room and balcony (top 3 floors). Several suites have been upgraded in recent years and some windows have been replaced. Fully occupied.. 4 laundry rooms with 1 coin operated washer and dryer in each. 30 energized parking stalls. Roof is asphalt shingles. This building is one of four buildings offered by the same owner and can be purchased individually or as a package. The other buildings are located at 5011 - 39 St (18 suites), 4920 - 47 St (24 suites) and 4721 - 55 St (40 suites). More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS
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Data was last updated January 17, 2026 at 06:05 PM (UTC)
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.
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.