AB > Red Deer > Normandeau
Red Deer, AB T4P 1R5,7 Nyberg AVE
Red Deer, AB T4P 1R5,7 Nyberg AVE
Red Deer, AB T4P 1R5,7 Nyberg AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
14
Dec
Mon
15
Dec
Tue
16
Dec
Susan Cramer

Susan Cramer

+1(403) 863-4866
$689,000
Est. payment /mo
2,086 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2086.0

Square Footage 2,086 sqft

Price per Sqft $330

Subdivision Normandeau

MLS Listing ID A2264661

Year Built 1978

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type 4 plex

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

Zoning R-M

Interior

Interior Features Laminate Counters

Heating Boiler

Flooring Carpet, Linoleum, Vinyl

Fireplace No

Appliance Dishwasher, Electric Stove, Refrigerator, Washer/Dryer

Laundry In Unit

Exterior

Parking Features Alley Access, Off Street, Parking Pad

Fence Fenced

Total Parking Spaces 4

Garage No

Building

Lot Description Back Lane, Landscaped

Dwelling Type Four Plex

Foundation Poured Concrete

Others

Restrictions None Known

Read Less Info
Listed by Realty Experts Group Ltd

GET MORE INFORMATION

Susan Cramer

Susan Cramer

+1(403) 863-4866

Agent

Agent

Name

Phone*

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Susan Cramer, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.