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5817 53 Avenue in Red Deer: Riverside Meadows 4 plex for sale : MLS®# A2273129

5817 53 Avenue Red Deer T4N 4L4 : Riverside Meadows

Main Photo: 5817 53 Avenue in Red Deer: Riverside Meadows 4 plex for sale : MLS®# A2273129banner
$550,000
Prop. Type:
Multi-Family
MLS® Num:
A2273129
Status:
Active
Year Built:
1978
Situated just steps from the Red Deer River and in an up and coming area surrounded by newer development, this fully rented 4 plex is a great addition to any rental portfolio. The common areas and 3 of the 4 suites have been fully or nearly fully renovated including vinyl plank flooring, updated kitchens (3 suites) and bathrooms (2 suites), newer appliances, updated balconies, and newer windows and doors throughout the building. There are three 2 bedroom suites and one 1 bedroom suite, along with coin operated laundry and a central boiler that provides hot water heat to all suites and common areas. The boiler system is approximately 10 years old and is regularly serviced and there's a new hot water tank. Building offers a stucco exterior, concrete foundation, updated shingles, and lots of parking for tenants.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Possession Date:
Total Living Area:
Switch units of measure1,757 sq. ft.
Main Level Finished Area:
Switch units of measure1,757 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:
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:
7604S
Heating:
Boiler, Natural Gas
Construction Material:
Stucco, Wood Frame
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Linoleum, Vinyl
Garage:
No
Parking Places:
8
Parking Total/Covered:
8 / -
Riverside Meadows (Red Deer)
Refrigerator, Stove(s)
Fridge x4, Stove x4, Coin Operated Washer & Dryer
None Known
Title to Land:
Fee Simple
Interior Features:
Ceiling Fan(s), Closet Organizers, Laminate Counters, Separate Entrance
Exterior Features:
Private Entrance
Patio And Porch Features:
Deck
Num. of Parcels:
0
Region:
Red Deer
Zoning:
DC (13)
Listed Date:
Dec 08, 2025
Days on Mkt:
Listed by RE/MAX real estate central alberta
Data was last updated December 19, 2025 at 08:05 AM (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.