For Sale: 223 5 Street NW, Medicine Hat, AB - REW
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$650,000
0 bd • ba • 1920 sf • Fourplex
223 5 Street NW
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$650,000
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223 5th Street NWMedicine Hat, AB, T1A 7X9

  • 0 Bed
  • Bath
  • 1920 Sqft
  • Fourplex

About this home

Excellent investment opportunity with this well-maintained fourplex offering strong income potential and long-term stability. Three of the four units are currently occupied by reliable long-term tenants, providing immediate cash flow, while the vacant unit has been recently refreshed with fresh paint and newer main floor flooring—ideal for owner occupancy or to maximize rental income at current market rates. Each unit features a functional and consistent layout, with the main floor offering a spacious kitchen, dining area, and bright living room complete with a cozy fireplace, along with a convenient 2-piece bathroom. The lower level includes two comfortable bedrooms, a full 4-piece bathroom, laundry area, and mechanical room, creating practical and desirable living spaces for tenants. The property has seen important updates over time, including new shingles in 2025 and mid efficiency furnaces and 2 hot water tanks (2020 & 2025). All units are equipped with central air conditioning, adding to tenant comfort and overall appeal.
Listed by: SHAUNEEN VANDERHAM, RE/MAX MEDALTA REAL ESTATE

Home facts and features

Price details
List Price
$650,000
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Fourplex
Year Built
Built in 1976 (50 yrs old)
Style
Bi-Level
Heating Type
Forced Air
Cooling
Central Air
Features
Other, See Remarks, Wood Burning
Appliances
Refrigerator, Stove
Agent details
Primary Agent
Primary Broker
RE/MAX MEDALTA REAL ESTATE
Secondary Agent
Secondary Broker
RE/MAX MEDALTA REAL ESTATE
Listing details
Days on REW
49 Days
Property Views
43
MLS® Number
A2304150
Source
Pillar 9
Board
Medicine Hat Real Estate Board Co-op
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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Vincent Massey School
  • n/a
  • -
St. Michael's School
  • n/a
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Crescent Heights High School
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Monsignor McCoy High School
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St. Francis Xavier School
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River Heights Elementary School
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Herald School
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Webster Niblock School
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Pas
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Ymca Stay In School Career High School
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Call Agent
SHAUNEEN VANDERHAM
Phone:
(403) 952-0639
Office:
403-529-9393
Associate
DAVID MULDER
Phone:
(403) 502-3655
Office:
403-529-9393
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