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7 Nyberg Avenue: Red Deer 4 plex for sale : MLS®# A2264661

7 Nyberg Avenue Red Deer T4P 1R5 : Red Deer

Main Photo: 7 Nyberg Avenue: Red Deer 4 plex for sale : MLS®# A2264661
$689,000
Prop. Type:
Multi-Family
MLS® Num:
A2264661
Status:
Active
Year Built:
1978
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!
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Possession Date:
Total Living Area:
Switch units of measure2,086 sq. ft.
Lower Level Finished Area:
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Above Grade Finished Area:
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Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
Switch units of measure8,587 sq. ft.
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
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Acres Not Cultivated:
Acres Freehold:
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Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
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Reg. Size Includes:
Year built:
1978 (Age: 47)
Bathrooms:
- (Full:-, Half:-)
Plan:
7620630
Heating:
Boiler
Foundation:
Poured Concrete
Structure Type:
Four Plex
Ensuite:
No
Flooring:
Carpet, Linoleum, Vinyl
Garage:
No
Parking:
Alley Access, Off Street, Parking Pad
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Unit
Normandeau (Red Deer)
Dishwasher, Electric Stove, Refrigerator, Washer/Dryer
N/A
None Known
Title to Land:
Fee Simple
Interior Features:
Laminate Counters
Lot Features:
Back Lane, Landscaped
Num. of Parcels:
0
Fencing:
Fenced
Region:
Red Deer
Zoning:
R-M
Listed Date:
Oct 16, 2025
Days on Mkt:
Listed by Realty Experts Group Ltd
Data was last updated November 4, 2025 at 06:05 PM (UTC)
TRACEY CHRISTENSEN
JAKE CHRISTENSEN
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
AlbertaHomeFinder.com
Tracey Christensen:403-348-9822
Jake Christensen:403-348-9202
2, 4405-52 Avenue
Red Deer, Alberta
T4N 6S4 Canada
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.