4-Plex Properties for Sale in Alberta

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Row / Townhouse for sale: 1, 1613 4 Street NW, Calgary

32 photos

$509,900

1, 1613 4 Street Nw, Calgary (Rosedale), Alberta T2M 2Z1

2 beds
2 baths
12 days

Welcome to the inner-city gem you've been waiting for! Nestled in the sought-after community of Rosedale, this spacious 2-bedroom + den, 2-bathroom townhome offers nearly 1,900 sq. ft. of living space in a well-maintained 4-plex complex with low condo fees of just $250/month.The bright and

Row / Townhouse for sale: 4, 200 Parkview Crescent W, Bow Island

5 photos

$414,900

4, 200 Parkview Crescent W, Bow Island, Alberta T0K 0G0

2 beds
2 baths
18 days

BRAND NEW, low-maintenance living in the new Parkview Crescent with NO CONDO FEES and the additional bonus of a $7500 property tax credit with the Town of Bow Island! Welcome to Parkview Crescent, Bow Island's newest subdivision, where modern design meets small-town comfort. This brand-new

9001,9005,9009 92 Avenue, Grande Prairie

11 photos

$1,080,000

9001,9005,9009 92 Avenue, Grande Prairie (Cobblestone), Alberta T8X 0H1

0 beds
0 baths
34 days

Lots of options for this multi family site in the heart of Cobblestone. Close to school, Tim Hortons, convenience store, car wash, and only a few blocks away from Freshco, Shoppers Drug Mart and other neighborhood retailers. Many available options for development from apartment buildings,

Multi-Family for sale: 1003 Cameron Avenue SW, Calgary

50 photos

$2,490,000

1003 Cameron Avenue Sw, Calgary (Lower Mount Royal), Alberta T2T 0K2

0 beds
0 baths
90 days

Exceptional Investment Opportunity: 4-Plex-Bungalow House with 3 Attached Townhouses in Prime Mount Royal Location!Introducing a unique and remarkable 4-plex at 1003 Cameron Ave SW, perfectly nestled in the sought-after Lower Mount Royal neighbourhood. This prime real estate boasts an unbeatable

Row / Townhouse for sale: 5506 54 Avenue, Taber

11 photos

$269,000

5506 54 Avenue, Taber, Alberta T1G 1L7

3 beds
2 baths
98 days

Well-maintained . Clean and modern design. Open concept with laminate floors, maple cabinets, double pantry, and master suite on main floor. Fully developed lower level has 2 bedrooms and 4 pc bathroom. This is one unit in a 4-plex rowhouse . Each unit has been subdivided and has a separate

10820 100 Avenue, High Level

1 photos

$72,500

10820 100 Avenue, High Level, Alberta T0H 1Z0

0 beds
0 baths
773 days

The need for multi family rental properties in High Level, has never been more needed than now. This vacant lot offers exactly that. The opportunity to build a great 4 plex is ready for a developer. Looking for a great neighborhood? This is it. Located close to the hospital, dog park,

423 Meadowlark Way, Vulcan

2 photos

$46,000

423 Meadowlark Way, Vulcan, Alberta T0L 2B0

0 beds
0 baths
773 days

Four vacant side by side 4-plex lots located in the Meadowlark Way Condominium Association. This condo association is for residents age 25 and up, with no children. These four lots are being sold together as a package (id:27476)

Row / Townhouse for sale: 5507 52 AvenueClose, Innisfail

47 photos

$344,900

5507 52 Avenueclose, Innisfail (Dodds Lake), Alberta T4G 0A1

4 beds
3 baths
8 days

Charming Bungalow-Style 4-Plex units backing onto greenspace, located in a quiet close, and just steps from Dodd’s Lake! These custom built homes, have been tenant occupied since being a new build. These properties present as an excellent investment opportunity, and are currently all

Multi-Family for sale: A, B, C, D, 25 Eastman Crescent, Red Deer

29 photos

$675,000

A, B, C, D, 25 Eastman Crescent, Red Deer (Eastview Estates), Alberta T4R 2E4

0 beds
0 baths
5 days

This well-maintained 4-plex is an excellent investment opportunity, with all four units currently rented to reliable long term tenants. Located at 25 Eastman Crescent, this property offers a steady rental income and has seen numerous updates over the years. Each unit features a 1-bedroom,

420 Meadowlark Way, Vulcan

2 photos

$46,000

420 Meadowlark Way, Vulcan, Alberta T0L 2B0

0 beds
0 baths
773 days

Four vacant 4-plex lots located in the Meadowlark Way Condominium Association. These four lots are being sold together as a package. Meadowlark Way Condo Association is for those people aged 25 and up, with no children. (id:27476)

2629 & 2631 25 Avenue SW, Calgary

18 photos

$1,195,000

2629 & 2631 25 Avenue Sw, Calgary (Killarney/Glengarry), Alberta T3E 0K2

7 beds
3 baths
12 days

RENOVATED FULL-DUPLEX on a large 50 x 125ft CORNER LOT IN KILLARNEY!! Potential to turn this property into a 4-PLEX, or take advantage of the H-GO ZONING, and build a much larger MULTI-FAMILY project!! Each side MAIN FLOOR has 3 bedrooms, a full bathroom and main floor laundry, for a total

4740 51 Avenue, Whitecourt

3 photos

$119,000

4740 51 Avenue, Whitecourt, Alberta T7S 1W6

0 beds
0 baths
224 days

C-6 zoning approved for a 4 plex, can also be retail.. Serviced Lot, downtown excellent location across from post office. (id:27476)

5143 48 Street, Innisfail

5 photos

$120,000

5143 48 Street, Innisfail (Downtown Innisfail), Alberta T4G 1M2

0 beds
0 baths
53 days

What an investment / development opportunity! This vacant lot is zoned R-3. As per the Town of Innisfail, R-3 is defined as Residential High Density District. This makes it ideal for multi-family residential development such as apartments, townhouses, condominiums or a 4-Plex. With this in

House for sale: 1615 12 Avenue SW, Calgary

34 photos

$948,000

1615 12 Avenue Sw, Calgary (Sunalta), Alberta T3C 0R3

3 beds
2 baths
57 days

***INVESTOR/BUILDER ALERT*** M-CG zoning, 50 x 130, Double Lot, Potential to develop a 4 plex + 4 basement suites OR an 8 unit apartment building (just like the one beside it) OR potential to turn it into other Multi-residential developments or even Commercial developments. The property currently

Row / Townhouse for sale: 5505 52 AvenueClose, Innisfail

49 photos

$344,900

5505 52 Avenueclose, Innisfail (Dodds Lake), Alberta T4G 0A1

4 beds
3 baths
6 days

Charming Bungalow-Style 4-Plex units backing onto greenspace, located in a quiet close, and just steps from Dodd’s Lake! These custom built homes, have been tenant occupied since being a new build. These properties present as an excellent investment opportunity, and are currently all

Row / Townhouse for sale: 5509 52 AvenueClose, Innisfail

49 photos

$354,900

5509 52 Avenueclose, Innisfail (Dodds Lake), Alberta T4G 0A1

4 beds
3 baths
8 days

Charming Bungalow-Style 4-Plex units backing onto greenspace, located in a quiet close, and just steps from Dodd’s Lake! These custom built homes, have been tenant occupied since being a new build. These properties present as an excellent investment opportunity, and are currently all

Row / Townhouse for sale: 5503 52 AvenueClose, Innisfail

49 photos

$354,900

5503 52 Avenueclose, Innisfail (Dodds Lake), Alberta T4G 0A1

4 beds
3 baths
8 days

Charming Bungalow-Style 4-Plex units backing onto greenspace, located in a quiet close, and just steps from Dodd’s Lake! These custom built homes, have been tenant occupied since being a new build. These properties present as an excellent investment opportunity, and are currently all

Row / Townhouse for sale: 2110 23 Avenue, Bowden

12 photos

$499,000

2110 23 Avenue, Bowden, Alberta T0M 0K0

3 beds
2 baths
12 days

For more information, please click Brochure button. This attractive 4-plex, located in Central Alberta, offers much, is fully rented with long-term tenants. Well-designed floor plan. The lower level includes 2 comfortable bedrooms and a full bathroom, while the upper level boasts an open-concept

Multi-Family for sale: 1824 29 Avenue SW, Calgary

38 photos

$1,079,000

1824 29 Avenue Sw, Calgary (South Calgary), Alberta T2T 1M8

0 beds
0 baths
83 days

Here's your chance to own a 4 plex in the sought after Neighbourhood of Marda Loop! Just steps from all the stops & shops of one of Calgary's best inner-city neighbourhoods you can't get much better than this for a long term investment property. Featuring 4 - 1 Bedroom suites each with separate

Multi-Family for sale: 112 5 Avenue, Strathmore

25 photos

$1,150,000

112 5 Avenue, Strathmore (Downtown_Strathmore), Alberta t1p 1b7

0 beds
0 baths
18 days

Now's your chance to own an income generating, residential 4 plex in Strathmore. The owners built the building in 2009 and have owned and managed it ever since and are now looking towards retirement. Strathmore has a thriving downtown area with Kinsmen park, it is walking distance to all the

Duplex for sale: 10116 103 Avenue, Grande Prairie

18 photos

$179,900

10116 103 Avenue, Grande Prairie (Avondale), Alberta T8V 1c1

3 beds
1 baths
14 days

3 bed 1 bath half duplex on an RT zoned lot in Avondale with back alley access, the neighboring duplex 10118 is also for sale, own both, also a 4 plex is for sale next door as well(A2192141)! This basic duplex is currently rented month to month for $1100 plus utilities so possession could

Row / Townhouse for sale: 1117 30 Street, Wainwright

7 photos

$879,900

1117 30 Street, Wainwright, Alberta T9W 0A9

3 beds
3 baths
34 days

Well maintained 4-plex in prime location. All four 1,040 Sq.Ft. units are currently occupied showing a good ROI. Each unit is tastefully finished and showcases 3 good sized bedrooms, 3 bathrooms, vinyl flooring through main level & carpet in basement & bedrooms. Open & bright floorplan

261 Hendon Drive NW, Calgary

1 photos

$799,900

261 Hendon Drive Nw, Calgary (Highwood), Alberta T2K 1Z4

0 beds
0 baths
37 days

Vacant lot 60; X 100 in the desirable area of Highwood, R-CG zoning. home as been removed, 4 plex with 4 suites can be built. Old home removed ready for future development to start. Close to schools, bus, shopping, green spaces & all other amenities. Bring an offer, quick possession (id:27476)

Duplex for sale: 10118 103 Avenue, Grande Prairie

13 photos

$179,900

10118 103 Avenue, Grande Prairie (Avondale), Alberta T8V 1c1

3 beds
1 baths
14 days

3 bed 1 bath half duplex on an RT zoned lot in Avondale with back alley access, the neighboring duplex 10116 is also for sale, own both, also a 4 plex is for sale next door as well(A2192141)! This basic duplex is currently rented month to month for $1300 plus utilities so possession could

2616 edmonton Trail NE, Calgary

33 photos

$879,900

2616 Edmonton Trail Ne, Calgary (Winston Heights/Mountview), Alberta T2E 3N3

6 beds
2 baths
18 days

INVESTER ALERAT ! FIX AND FLIP OPPORTUNITY ! BOTH SIDE OF THE DUPLEX FOR SALE. TWO GARAGES. ONE SIDE HAS WALKOUT BASEMENT OTHER SIDE HAS SEPARATE ENTRANCE TO BASEMENT. BILEVEL BIG VINYL WINDOW IN BASEMENT. EASILY COULD BE "4-PLEX". CORNER LOT. EACH SIDE HAS 1100 PLUS SQ.FT. BIG AND BRIGHT

Row / Townhouse for sale: 5514 54 Avenue, Taber

11 photos

$279,000

5514 54 Avenue, Taber, Alberta T1G 1L7

3 beds
2 baths
98 days

Well-maintained . Clean and modern design. Open concept with laminate floors, maple cabinets, double pantry, and master suite on main floor. Fully developed lower level has 2 bedrooms and 4 pc bathroom. Conveniently located near schools .This is one unit in a 4-plex rowhouse . Each unit has

Multi-Family for sale: 8636 19 Avenue, Coleman

30 photos

$699,000

8636 19 Avenue, Coleman, Alberta T0K 0M0

0 beds
0 baths
186 days

Welcome to Coleman, Crowsnest Pass. Investors take note of this 4 plex multi family unit constructed in 1972. There are two units above grade (908 sq. ft each) and 2 units below grade (874 sq. ft. each) , all with large windows to capture light and views. All units are two bedroom, 1 bathroom

Fourplex for sale: 13304 75 ST NW, Edmonton

8 photos

$2,299,900

13304 75 St Nw, Edmonton, Alberta T5C 0Z5

4 beds
4 baths
56 days

Introducing a remarkable 4-plex featuring 8 well-appointed units, offering a total of 14 bedrooms and 16 bathrooms. This property presents an exceptional investment opportunity with the potential to generate over $172,800 in annual income. Each end unit boasts a charming deck, perfect for

Fourplex for sale: 8402 87 ST NW, Edmonton

17 photos

$2,699,000

8402 87 St Nw, Edmonton, Alberta T6C 1E2

3 beds
4 baths
72 days

Discover exceptional investment opportunity with this beautifully designed 4-plex with legal basement suites by House of Modernity. This property has a projected rental income of $187,000 annually. Ideally situated in a prime location, this property features four legal suites, each with 9

Fourplex for sale: 9415 76 ST NW, Edmonton

4 photos

$2,450,888

9415 76 St Nw, Edmonton, Alberta T6C 2K7

4 beds
12 baths
55 days

INVESTORS, Welcome to this unique, 8-Unit LEGAL 4 PLEX in the HEART of HOLYROOD! A+ TENANT PROFILE & LOW VACANCY! TOTAL OF 16 BEDROOMS AND 16 BATHROOMS!   UPPER units are approx 1320 sq ft (200 sq ft bigger than most of these 4 plexs.This property is built to command TOP MARKET RENTS

Multi-Family for sale: 4504-4510 8B-8A Avenue, Edson

45 photos

$1,139,800

4504-4510 8b-8a Avenue, Edson, Alberta T7E 1B3

0 beds
0 baths
275 days

Attention investors! Don't miss out on this amazing opportunity to generate $9900 per month in gross revenue! 2 profitable 4-Plex buildings consisting of 2 2- Bedroom units, 2 3-Bedroom units in each building. Located in a family friendly neighborhood walking distance to schools, public trails,

Multi-Family for sale: 4504 8A Avenue, Edson

20 photos

$565,000

4504 8a Avenue, Edson (Edson), Alberta T7E 1B3

0 beds
0 baths
344 days

INVESTORS Take a Look! $4450 per month in Gross Revenue, tenants pay power. Profitable 4-Plex located in a family friendly neighborhood walking distance to schools, public trails, parks and shopping. Each unit is finished with a galley style kitchen, dining area, spacious livingroom. 2 -2

Row / Townhouse for sale: #3, 200 Parkview Crescent W, Bow Island

5 photos

$414,900

#3, 200 Parkview Crescent W, Bow Island, Alberta T0K 0G0

2 beds
2 baths
18 days

BRAND NEW, low-maintenance living in the new Parkview Crescent with NO CONDO FEES and the additional bonus of a $7500 property tax credit with the Town of Bow Island! Welcome to Parkview Crescent, Bow Island's newest subdivision, where modern design meets small-town comfort. This brand-new

Row / Townhouse for sale: #2, 200 Parkview Crescent W, Bow Island

5 photos

$419,900

#2, 200 Parkview Crescent W, Bow Island, Alberta T0K 0G0

2 beds
2 baths
18 days

BRAND NEW, low-maintenance living in the new Parkview Crescent with NO CONDO FEES and the additional bonus of a $7500 property tax credit with the Town of Bow Island! Welcome to Parkview Crescent, Bow Island's newest subdivision, where modern design meets small-town comfort. This brand-new

No Building for sale: 4019 47 ST, Wetaskiwin

3 photos

$74,900

4019 47 St, Wetaskiwin, Alberta T9A 1B7

0 beds
0 baths
165 days

Very affordable lot located very close to schools and recreation, perfect for building a duplex, or even a 4-plex. Zoning is R3 medium density, 1000 sq. meters If you are looking for a good place to keep your crew going and build in a nice quiet little City, this is it! (id:27476)

No Building for sale: 10331 135 ST NW, Edmonton

10 photos

$2,999,999

10331 135 St Nw, Edmonton, Alberta T5N 2C4

0 beds
0 baths
102 days

Visit the Listing Brokerage (and/or listing REALTOR®) website to obtain add'l info. This high-end 4-plex with 4 legal suites is situated in one of Edmonton’s most desirable and prestigious neighbourhoods. Located 50 meters from the LRT station, it offers unparalleled convenience, especially

Multi-Family for sale: 10120 103 Avenue, Grande Prairie

42 photos

$475,000

10120 103 Avenue, Grande Prairie (Avondale), Alberta T8V 1C1

0 beds
0 baths
22 days

Fully rented cash flowing 4 plex on a 20 meter wide RT zoned lot. ( side by side duplex for sale next door as well ! (A2195552 & A2195546) Suites consist of one-3 bedroom suite, two-1 bedroom basement suites and one- 2 story loft suite each with their own power meter. "A" basement suite is

No Building for sale: 11636 102 AV NW, Edmonton

7 photos

$399,900

11636 102 Av Nw, Edmonton, Alberta T5K 0R3

0 beds
0 baths
26 days

This is your chance to own a beautiful lot in Wîhkwêntôwin (Oliver) neighborhood. This corner lot has recently been cleared and ready for development. With RMh16 Zoning (Medium Scale Residential) this lot could easily support a 4 plex with onsite parking. You could also build

Fourplex for sale: 4529 50 AV, Cold Lake

48 photos

$349,900

4529 50 Av, Cold Lake, Alberta T9M 1Y8

3 beds
4 baths
102 days

This is a multifamily property with positive income potential for the right investor. The property consists of 4 units of 3 bedrooms each, with 1 bedroom on the main floor and with a full bath and 2 more bedrooms on the lower level. There is also a storage area in each unit of about 6' x 8',

Fourplex for sale: 4521 50 AV, Cold Lake

43 photos

$399,900

4521 50 Av, Cold Lake, Alberta T9M 1Y8

3 beds
4 baths
102 days

This is a multifamily property with positive income potential for the right investor. The property consists of 4 units of 3 bedrooms each, with 1 bedroom on the main floor and with a full bath and 2 more bedrooms on the lower level. There is also a storage area in each unit of about 6' x 8',

6551/6553 111 ST NW, Edmonton

44 photos

$799,999

6551/6553 111 St Nw, Edmonton, Alberta T6H 4R5

0 beds
0 baths
28 days

One of the most noted buildings is Parkallen. This former 4 plex has received many upgrades since 2018. It is zoned CNC and has a mix of 2 x 2 bedroom suites up stairs and the main floor has been converted from 2 suites to the operation of a 1800sq' Tattoo and Tattoo removal business on

Fourplex for sale: 8003-5,7,9 120 AV NW, Edmonton

42 photos

$1,479,999

8003-5,7,9 120 Av Nw, Edmonton, Alberta T5B 2N7

10 beds
12 baths
31 days

Like new 4-plex built in 2022! This modern complex is in pristine condition, with each unit offering 3 spacious bedrooms and 2.5 baths. Total of 12 bedrooms open-concept design features sleek stainless steel appliances in the kitchen, plus convenient stackable washers and dryers in every

10024 103 ST, Morinville

2 photos

$219,900

10024 103 St, Morinville, Alberta T8R 1T4

0 beds
0 baths
307 days

Very nice flat land ready for a new development. This oversized lot is 100 x 125 or 12,500 square feet. This massive corner lot is ready for new development. Possibilities are numerous, duplexes, 3-plex, 4-plex. The town may allow for a larger development with commercial on the main and residential

Multi-Family for sale: 4211 Bow Trail SW, Calgary

22 photos

$1,550,000

4211 Bow Trail Sw, Calgary (Rosscarrock), Alberta T3L 2G1

0 beds
0 baths
30 days

6 plex in Rosscarrock 4 -1BR, 1 2BR, 1 3BR. The 2 BR is a furnished unit. Owners pay electrical for the 2 BR, tenants pay their own electrical for all other units. There have been many recent cosmetic upgrades to the suites and the exterior landscaping. In 2021 upgrades include

Multi-Family for sale: 5316 Lansdown Avenue, Blackfalds

42 photos

$675,000

5316 Lansdown Avenue, Blackfalds (Blackfalds - Other), Alberta T0M 0J0

0 beds
0 baths
26 days

. This attractive 4-plex in Blackfalds is listed at $675,000 and generates a gross rental income of $57,600 per year. With tenants covering all gas and electric costs via individual meters, the owner is responsible for water, sewer, and garbage services at approximately $350 per month (around

Fourplex for sale: 9341 95 ST NW, Edmonton

41 photos

$1,100,000

9341 95 St Nw, Edmonton, Alberta T6C 3X1

3 beds
4 baths
26 days

Prime 4-Plex Investment Opportunity in the Heart of Edmonton! Don’t miss out on this exceptional income-generating property located just mins from downtown Edmonton. This beautifully maintained 4-plex sits on a 8,630 sq. ft. lot with a well-appointed 5,124 sq. ft. of living space (2,562

House for sale: 11 Beaupre Crescent NW, Calgary

24 photos

$598,800

11 Beaupre Crescent Nw, Calgary (Bowness), Alberta T3B 2S9

3 beds
1 baths
32 days

**LOWEST PRICED HOME IN BOWNESS!!** ATTENTION BUILDERS, DEVELOPERS & HOME RENOVATORS!! ARCITECT DRAWINGS for a 6 PLEX INCLUDED!! This HUGE pie shaped lot is zoned RC-G and is the perfect opportunity for a 6+UNIT TOWNHOME DEVELOPMENT (with city approval) + it is located right beside a GREEN

Apartment for sale: 1-6, 2711 20 Street, Delburne

6 photos

$495,000

1-6, 2711 20 Street, Delburne, Alberta T0M 0V0

0 beds
0 baths
111 days

Excellent Investment opportunity! This well-maintained and fully leased 6-plex in the Village of Delburne is available for sale. The building is professionally managed and includes (2) 1 bedroom units and (4) 2 bedroom units. Two of the units have in-suite laundry. There is a private (6) stall

Multi-Family for sale: 3518 48 Avenue, Red Deer

42 photos

$750,000

3518 48 Avenue, Red Deer (South Hill), Alberta T4N 3S3

0 beds
0 baths
4 days

***CASH COW - 6.32% CAP RATE*** INCREDIBLE INVESTMENT OPPORTUNITY! This 3 PLEX sits on a corner lot, in a quiet area, right by the park and across from a treed reserve! Each unit has 3 bedrooms, 1.5 bathrooms, vaulted ceilings and new stainless steel appliances! Yearly rent is $65,400! Tenants

Row / Townhouse for sale: 3518 48 Avenue, Red Deer

42 photos

$750,000

3518 48 Avenue, Red Deer (South Hill), Alberta T4N 3S3

9 beds
6 baths
4 days

***CASH COW - 6.32% CAP RATE*** INCREDIBLE INVESTMENT OPPORTUNITY! This 3 PLEX sits on a corner lot, in a quiet area, right by the park and across from a treed reserve! Each unit has 3 bedrooms, 1.5 bathrooms, vaulted ceilings and new stainless steel appliances! Yearly rent is $65,400! Tenants

Exploring the Appeal of 4-Plex Properties in Alberta

In recent years, the real estate market in Alberta has seen a growing interest in multi-family properties, particularly 4-plex units. These properties offer a unique blend of investment potential and residential comfort, making them an attractive option for both investors and homeowners. In this article, we will delve into the various aspects of 4-plex properties in Alberta, exploring their benefits, locations, and market trends.

The Benefits of Investing in a 4-Plex

One of the primary advantages of investing in a 4-plex is the potential for multiple income streams. With four separate units, owners can rent out each unit individually, maximizing rental income. This setup also provides a buffer against vacancy rates, as the likelihood of all units being vacant simultaneously is relatively low.

Additionally, 4-plex properties often qualify for residential financing, which typically offers more favorable terms than commercial loans. This can make it easier for investors to secure financing and manage their cash flow effectively. Furthermore, owning a 4-plex allows for diversification within a single property, reducing risk and enhancing the potential for long-term capital appreciation.

Prime Locations for 4-Plex Properties in Alberta

Alberta boasts several prime locations for 4-plex properties, each offering unique advantages. For instance, Viking Lane is a popular choice for those seeking a balance between urban convenience and suburban tranquility. This area is known for its family-friendly environment and proximity to essential amenities.

Inglewood is another sought-after location, with its vibrant community and rich history. The detached houses in Inglewood offer a glimpse into the area's architectural charm and cultural significance. Similarly, Botanica in St. Albert provides a luxurious living experience with its modern design and lush surroundings.

For those interested in more rural settings, Gasp and Nisku offer a peaceful retreat from the hustle and bustle of city life. These areas are ideal for individuals seeking a quieter lifestyle while still being within reach of urban centers.

Market Trends and Considerations

The Alberta real estate market has experienced fluctuations in recent years, influenced by economic factors and changing demographics. However, the demand for multi-family properties, including 4-plex units, remains strong. This demand is driven by a growing population and an increasing preference for rental accommodations.

Investors should consider the potential for property appreciation and rental income growth when evaluating 4-plex opportunities. Areas like Red Willow and Allard have shown promising trends in property value increases, making them attractive options for long-term investment.

Moreover, the rise of remote work has shifted housing preferences, with more individuals seeking properties that offer both living and working spaces. This trend has increased the appeal of 4-plex units, as they provide the flexibility to accommodate various lifestyle needs.

Design and Amenities

Modern 4-plex properties in Alberta are designed with both functionality and aesthetics in mind. Many units feature open-concept layouts, high-end finishes, and energy-efficient appliances. For example, the Solarium in Edmonton offers a contemporary living experience with its sleek design and state-of-the-art amenities.

Additionally, developers are increasingly incorporating community-focused amenities into 4-plex projects. These may include shared outdoor spaces, fitness centers, and recreational facilities, enhancing the overall living experience for residents. The Edmonton 2 development exemplifies this trend, offering a range of amenities that cater to diverse lifestyles.

Challenges and Considerations

While 4-plex properties offer numerous benefits, potential investors and homeowners should be aware of certain challenges. Property management can be more complex with multiple units, requiring effective tenant screening and maintenance strategies. Additionally, zoning regulations and building codes may vary by location, necessitating thorough research and compliance.

It's also important to consider the competitive landscape, as the popularity of 4-plex units has led to increased competition in certain areas. Prospective buyers should conduct a comprehensive market analysis to identify opportunities and assess potential risks.