Red Deer, AB T4P 1R5,7 Nyberg AVE
Red Deer, AB T4P 1R5,7 Nyberg AVE
Red Deer, AB T4P 1R5,7 Nyberg AVE
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$689,000
Est. payment /mo
2,086 SqFt
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Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Square Footage 2,086 sqft

Price per Sqft $330

Subdivision Normandeau

MLS® Listing ID A2264661

Year Built 1978

Annual Tax Amount $6,121

Tax Year 2025

Lot Size 8,587 Sqft

Acres 0.2

Property Sub-Type 4 plex

Source Central Alberta

Property Description

Excellent investment opportunity! This well-maintained 4-plex offers steady rental income and long-term potential for real estate investors. Each self-contained suite features 2 bedrooms, 1 full bathroom, and in-suite laundry for tenant convenience. The property is ideally located close to schools, parks, and within walking distance to Parkland Mall, ensuring strong tenant appeal. Recent building upgrades include new siding, fascia, and downspouts (2025), as well as re-surfaced decks with metal railings and a chain-link fence surrounding the property for added safety and security. Paving blocks were replaced in 2024. Inside, the units were updated approximately 20 years ago with modernized cabinetry, vinyl plank flooring in the basement suites, and carpeted upper units. The lower units feature two separate entrances and a dug-out patio area perfect for BBQs and outdoor seating. A solid, income-producing property with valuable recent improvements and a convenient location—ready to add to your portfolio!

Location

Province AB

County Red Deer

Zoning R-M

Interior

Interior Features Laminate Counters

Heating Boiler

Flooring Carpet, Linoleum, Vinyl

Appliance Dishwasher, Electric Stove, Refrigerator, Washer/Dryer

Laundry In Unit

Exterior

Parking Features Alley Access, Off Street, Parking Pad

Garage Description Alley Access, Off Street, Parking Pad

Fence Fenced

Total Parking Spaces 4

Building

Lot Description Back Lane, Landscaped

Foundation Poured Concrete

Others

Restrictions None Known

Tax ID 102690337

Ownership Private


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Listed by Realty Experts Group Ltd

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Name

Phone*

Message

Josh Hamilton

+1(403) 608-1314

josh@joshhamilton.ca

USH00385_Blend3Y_sm

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7 Nyberg AVE