For Sale · Red Deer · Multi-family

$890,000

3832 47 Street, Red Deer

4,733

Sq Ft

1979

Built

About This Home

The details.

INVESTORS! This well-maintained 6-plex in the desirable Eastview subdivision (South Red Deer) is fully rented and situated on a large ~75 x 125 ft lot.The property features a strong unit mix, including five 2-bedroom suites and one 1-bedroom suite. Each unit is separately metered, with tenants responsible for their own power.The building exterior has been updated and showcases durable vinyl siding, vinyl windows, and a pitched asphalt shingle roof. Interior suites have seen varying levels of renovations over the years.All units offer exterior access, with upper-level suites featuring private balconies. At the rear, you'll find a paved parking area with energized stalls and a seperate common laundry room, for tenant convenience. (id:66635)

Summarizing the highlights...

MLS® A2304392Listing courtesy of CIR RealtyView on map Street view

Property Details

Facts & features.

Property type: Multi-family
Year built: 1979
Size: 4,733 sqft
Lot size: 9,375 square feet
Parking: 6 spaces
Listed on: 2026-04-22
Days on market: 84
MLS number: A2304392
Data source: Central Alberta REALTORS® Association

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$4,162

$712,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$4,162

Cash flow

-$4,162

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Red Deer right now

212

Active listings

227

New this week

$439,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Red Deer.

Household and demographic stats for Red Deer, from the Statistics Canada 2021 Census.

100,844
Population (2021): 38.8
Median age: 40,510
Households: 2.4
Avg household size: 64.8%
Home ownership: $85,000
Median household income

Red Deer market trends

Source: Statistics Canada 2021 Census, Red Deer, City, Alberta.

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

Joseph Welsh School
public · elementary
420 m
Eastview Middle School
public · elementary
660 m
Maryview School
catholic · elementary
750 m
St. Thomas Aquinas School
catholic · elementary
780 m
École Camille J Lerouge School
catholic · elementary
1.2 km
Lindsay Thurber Comprehensive High School
public · secondary
1.2 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.