About 5123 48 Street
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.
Features of 5123 48 Street
| MLS® # | A2263503 |
|---|---|
| Price | $785,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,684 |
| Acres | 0.14 |
| Year Built | 2015 |
| Type | Multi-Family |
| Sub-Type | 4 plex |
| Style | Up/Down |
| Status | Active |
Community Information
| Address | 5123 48 Street |
|---|---|
| Subdivision | Downtown Innisfail |
| City | Innisfail |
| County | Red Deer County |
| Province | Alberta |
| Postal Code | T4G 1L8 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer Stacked |
|---|---|
| Fireplace | No |
| Has Basement | No |
Additional Information
| Date Listed | October 8th, 2025 |
|---|---|
| Days on Market | 15 |
| Zoning | R-3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Stone Creek Real Estate Inc. |
|---|