Excellent Fourplex Investment Opportunity in the Desirable Clearview Area. Here's a rare opportunity to own a well performing fourplex with strong rental appeal and long term income potential. This property features four spacious three bedroom bilevel units, each with two off-street, energized parking stalls for a total of eight stalls. All four units have long-term tenants, providing stable and reliable cash flow all year round. One unit is currently undergoing renovations which adds value while enhancing the future rental potential. The property is fully fenced and includes a shed for property maintenance tools and equipment. Perfectly located close to schools, the Collicutt Center, parks, walking trails, shopping and public transit, an ideal location for tenants and investors alike. .
For sale
C$675,000
56 Cosgrove Cres, Red Deer, AB T4P 2W4
--beds
--baths
1,991sqft
Quadruplex
Built in 1981
-- sqft lot
$-- Zestimate®
C$339/sqft
C$-- HOA
What's special
- 12 days
- 10
- 0
Zillow last checked:
Listing updated:
Listed by:
Nancy Meidinger, Associate,
Red Key Realty & Property Management,
Kenneth Lavigne, Associate,
Red Key Realty & Property Management
Source: courtesy of Pillar9 System,MLS®#: A2336023
Originating MLS®#: Central Alberta
Originating MLS®#: Central AlbertaFacts & features
Interior
Heating
- Forced Air, Natural Gas
Features
- Has fireplace: No
Interior area
- Total interior livable area: 1,991 sqft
- Finished area above ground: 992
Property
Parking
- Total spaces: 8
- Parking features: Additional Parking, Off Street, Parking Pad, Plug-In, Side By Side
- Has uncovered spaces: Yes
Features
- Levels: Bi-Level
- Stories: 1
- Patio & porch: Balcony(s)
Lot
- Size: 7,405 Square Feet
Details
- Additional structures: Shed(s)
- Parcel number: 113496157
- Zoning: R-M
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Foundation: Wood
- Roof: Asphalt Shingle
Condition
- Year built: 1981
Community & HOA
Community
- Subdivision: Clearview Meadows
Location
- Region: Red Deer
Financial & listing details
- Price per square foot: C$339/sqft
- Date on market: 8/15/2026
- Date available: 10/08/2026
- Inclusions: 4 Fridges, 4 Stoves, 4 Washers, 4 Dryers, all window coverings not belonging to tenants, Shed
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Clearview Meadows
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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