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Real estate on your terms®


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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Listing offered by: Real Broker

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