Space
Finished area and layout
- Living Area
- 1,302 sqft
- Above Grade
- 1,302 sqft
- Finished Breakdown
- Above 1,302 sqft
+35 more
1,302 sqft
Living Area
3,197 sqft
Lot
2002
Year Built
4
Parking
Property Snapshot
Key details for this listing
MLS #A2353145
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Structure
- Bi-level
- Ownership
About This Property
This multi-family in Red Deer offers 1,302 sqft of living area on a 3,197 sqft lot. Built in 2002. The property has lot dimensions of 3197.00. The home features laminate and linoleum flooring, forced air, natural gas heating.
MLS Remarks
DOUBLE THE OPPORTUNITY! Discover the investment potential of this well-maintained, side-by-side bi-level duplex at 231 & 233 Kendrew Drive in Red Deer. Offering two separate residential units, established tenants and a combined rental income of $3,000 per month, this property presents an appealing opportunity for investors looking to add a complete duplex to their portfolio.Each side features a functional bi-level design with comfortable main-floor living spaces and additional lower-level accommodation. The two units offer approximately 1,302 sq. ft. of combined above-grade floor area, plus their respective lower levels. The property has benefited from attentive ownership and ongoing maintenance, including improvements to flooring, countertops and appliances in 233 Kendrew Drive.Both units are currently rented at $1,500 per month, with tenants responsible for utilities. Existing leases extend to July 1, 2027, for 233 Kendrew Drive and September 1, 2027, for 231 Kendrew Drive, providing an established rental arrangement for the incoming owner.Whether you're growing an existing investment portfolio or looking to acquire your first multi-unit property, this duplex offers the advantages of two income-producing residences in one investment. A practical property with established income, maintained interiors and flexibility for future ownership plans! (id:60351)
Full Listing Details
Address231 & 233 Kendrew Drive
MLS#A2353145
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market8
Common InterestFreehold
Annual Tax$2,547 (2026)
Parking4
Parking TypeOther
Structure TypeMulti-Family
AttachedAttached
StyleBi-level
Year Built2002
Living Area1,302 sqft
Above Grade Area1,302 sqft
CityRed Deer
ProvinceAlberta
Postal CodeT4P3Z1
SubdivisionKingsgate
Lot Size3,197 sqft
Lot Dimensions3197.00
Zoning DetailsR-D
Total Parking4
Parking FeaturesOther
HeatingForced air, Natural gas
FlooringLaminate, Linoleum
AppliancesRefrigerator, Dishwasher, Stove, Washer & Dryer
ExteriorVinyl siding
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$2,547 (2026)
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