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For Sale · High Prairie · Multi-family

$249,900

5012 54th Avenue, High Prairie

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1,840

Size

1960

Year built

About This Home

The details.

Presenting a turnkey, four-unit multifamily investment property ideally suited for investors seeking immediate, stable cash flow. This well-maintained 4-plex, built in 1970, features four spacious 460-square-foot one-bedroom units, offering an efficient and desirable floor plan for tenants. The property's strongest selling point is its impeccable occupancy and tenant stability: it is currently 100% leased, with a...

Summarizing the highlights...

MLS® A2327775Listing courtesy of Grassroots Realty Group - High PrairieView on map Street view

Property Details

Facts & features.

Property type: Multi-family
Ownership: Freehold
Year built: 1960
Size: 1,840 sqft
Parking: 4 spaces
Listed on: 2026-07-08
Days on market: 7
MLS number: A2327775
Data source: Grande Prairie & Area Association of REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

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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

$1,169

$199,920 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)

$1,169

Cash flow

-$1,169

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

High Prairie right now

Active listings

New this week

$240,000

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 High Prairie.

Household and demographic stats for High Prairie, from the Statistics Canada 2021 Census.

2,380
Population (2021): 37.2
Median age: 945
Households: 2.4
Avg household size: 60.3%
Home ownership: $88,000
Median household income

High Prairie market trends

The immediate block around this home (right here): about 473 residents in 237 homes, 1,356 people/km² (suburban).

Source: Statistics Canada 2021 Census, High Prairie, Town, Alberta; block-level figures from dissemination area 48170334.

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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.