$775,000
$785,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
5123 48 ST Innisfail, AB T4G 1L8
4,684 SqFt
Key Details
Sold Price $775,000
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,684 sqft
Price per Sqft $165
Subdivision Downtown Innisfail
MLS® Listing ID A2263503
Sold Date 10/28/25
Style Attached-Up/Down
Year Built 2015
Annual Tax Amount $7,276
Tax Year 2025
Lot Size 6,250 Sqft
Acres 0.14
Property Sub-Type 4 plex
Source Central Alberta
Property Description
Fantastic investment opportunity with this spacious 4-plex! Featuring four large 3-bedroom units, this property is designed for strong rental demand. Two units offer 1.5 bathrooms, while the other two include 1 full bathroom, giving tenants versatile options and excellent livability. Each suite boasts generous layouts with open living and dining areas, functional kitchens, private bedrooms, and ample storage. The consistent 3-bedroom floor plans make this property highly desirable for families, professionals, and shared living, helping minimize vacancy and maximize income potential. Situated in a convenient location close to schools, shopping, and transit, this property is well positioned to attract long-term tenants. Whether you are expanding your portfolio or entering the market, this 4-plex provides reliable cash flow and long-term value. A rare chance to secure a turnkey multi-family property built in 2015.
Location
Province AB
County Red Deer County
Zoning R-3
Interior
Appliance Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer Stacked
Exterior
Parking Features Parking Lot
Garage Description Parking Lot
Total Parking Spaces 4
Building
Architectural Style Attached-Up/Down
Others
Restrictions None Known
Tax ID 101286123
Ownership Private
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