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4-Plex For Sale in Calgary, AB

2311 16th Street SW
List Price
$1,249,000
Questions? Want to book a showing?

6
Bedrooms

4
Bathrooms

2,838
Square Feet

4,948 sq ft
Lot Size

1 Storey

$56,733
Annual Taxes

Description

Seize the opportunity to own a fully tenanted multifamily fourplex in one of Calgary’s most desirable inner-city communities.

This well-maintained property features a 4 flex, fully leased and generating a combined rental income of $7,450 per month. With strong, reliable cash flow from day one, this turnkey investment offers immediate returns along with excellent long-term appreciation potential.

Situated in the vibrant Bankview neighbourhood, just minutes from downtown Calgary, the property offers exceptional convenience and appeal for tenants. Its prime inner-city location ensures quick commutes, excellent transit access, and proximity to some of the city’s most popular lifestyle hubs, including Kensington, 17th Avenue SW, and Marda Loop.

Bankview is renowned for its elevated city views, character-filled streets, and walkable community atmosphere, making it one of Calgary’s most sought-after rental areas. Tenants benefit from quick access to major commuter routes, public transit, and a wide range of shopping, dining, and recreational amenities.

This is a rare opportunity to secure a strong-performing investment property in a high-demand inner-city location.

Property Features

Property Type 4-Plex

Ad Type For Sale

Ownership Freehold / Fee Simple

Parking Assigned Parking / Driveway / Visitor Parking

Asking Price $1,249,000

Location

Address 2311 16th Street SW

Neighbourhood Calgary

City Calgary

Province / State Alberta

Postal / ZIP T2T4E6

Country Canada

Bathroom Types

Bathroom 1 4pc Bathroom

Bathroom 2 4pc Bathroom

Bathroom 3 3pc Bathroom

Bathroom 4 3pc Bathroom

Map & Buyer Tools

FSBO ID 868450
Contact Seller
Eric
403-461-1998
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