Property Description
Walker House is a well-maintained 24-unit multifamily property located at 3430 49 Avenue in Red Deer, within walking distance of shopping, restaurants, transit, parks and trails. Built in 2016, the property consists of 18 two-bedroom units, 3 two-bedroom + den units and 3 one-bedroom units, with no suites located at or below ground level. Each suite features its own furnace, hot water tank, A/C, in-suite laundry, dishwasher, private balcony and separately metered gas and electricity paid by the tenant. The building is serviced by an elevator and sprinkler system and includes 25 heated underground parking stalls plus 15 powered surface stalls. The property has been exceptionally well maintained with no significant outstanding capital improvements required and benefits from a stable, long-term tenant base. Current rents are below market, providing a purchaser with a strong opportunity to increase revenue and NOI within a newer, low-maintenance asset. (id:53430)
Building
- Property Type:
- Multi-Family
- Building Type:
- Multi-Family
- Year Built:
- 2014
Finished Areas
- Interior Size (Total):
- 9505 square feet
- Above Grade:
- 9505 square feet
Lot / Land
- Lot Size:
- 18406.0 square feet
Exterior
- Foundation:
- Poured Concrete
Utilities & Mechanical
- Heating:
- Forced air, Natural gas
- Cooling:
- Central air conditioning
Fees & Dates
- Property Taxes:
- $50,066
- Tax Year:
- 2026
- Last Modified:
- 08/12/2026 10:25:23 PM
- Status Change:
- 08/12/2026 10:17:48 PM
Location
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