$689,000
0 bd • ba • 2086 sf • Fourplex
7 Nyberg Avenue
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$689,000
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7 Nyberg AvenueRed Deer, AB, T4P 1R5

  • 0 Bed
  • Bath
  • 2086 Sqft
  • Fourplex

About this home

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!
Listed by: Nolin Maurier, Realty Experts Group Ltd

Home facts and features

Price details
List Price
$689,000
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Fourplex
Lot Size
8712 ft²
Year Built
Built in 1978 (47 yrs old)
Heating Type
Boiler
Features
Back Lane, In Unit, Laminate Counters, Landscaped
Appliances
Dishwasher, Refrigerator, Stove, Washer/Dryer
Agent details
Primary Agent
Primary Broker
Realty Experts Group Ltd
Secondary Agent
Secondary Broker
Realty Experts Group Ltd
Listing details
Days on REW
6 Days
Property Views
18
MLS® Number
A2264661
Source
Pillar 9
Board
Central Alberta REALTORS® Association

Mortgage Calculator

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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
4.09%

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Property Insights

Aspen Heights Elementary School
  • n/a
  • -
  • In Catchment
Normandeau School
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  • -
  • In Catchment
St. Patricks Community School
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  • -
  • In Catchment
G. H. Dawe Community School
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  • In Catchment
Youth Assessment Centre
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  • In Catchment
Koinonia Christian School (Red Deer)
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  • In Catchment
North Cottage High School
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  • In Catchment
St. Teresa Of Avila School
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  • In Catchment
Glendale Sciences And Technology School
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  • In Catchment
First Steps & Beyond Inc
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  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Nolin Maurier
Phone:
(403) 505-7653
Office:
(403) 505-7653
Fax:
(403) 986-4382
Nicole Maurier
Phone:
(403) 505-7653
Office:
(403) 505-7653
Fax:
(403) 986-4382
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.