Fully rented 4-plex located on a large double lot within walking distance to the downtown core. The property features two upper suites, each offering 2 bedrooms and 1 bathroom. The lower level includes one 1-bedroom, 1-bathroom suite and one 2-bedroom, 1-bathroom suite. A shared laundry area is available and offers future potential for tenant use. Over the past 8 years, the property has seen several key updates, including shingles, siding, and windows. Heating is provided by a single boiler system, and both hot water tanks were replaced in 2022. Tenants are responsible for their own power, while the owner pays for gas and water. Ample on-site parking provides space for two vehicles per unit. The building is fully occupied, with recent improvements already completed and no major upgrades currently anticipated. A solid investment opportunity offering steady rental income in a convenient central location. Some photos have been virtually staged.
Courtesy of Jessica Lambert and James J Knull of Exp Realty
Data was last updated July 19, 2026 at 07:30 AM (UTC)
Area Statistics
Listings on market:
57
Avg list price:
$259,900
Min list price:
$49,900
Max list price:
$575,000
Avg days in system:
32
Min days in system:
3
Max days in system:
706
Avg price per sq.ft.:
$263.07
These statistics are generated based on the current listing's property type
and located in
Wetaskiwin. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on July 19, 2026 at 07:30 AM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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