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A2264661 - 7 Nyberg Avenue , Red Deer, Alberta T4P 1R5




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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!

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ESSENTIAL
MLS®:A2264661
Price:689,000.00
Type:Multi-Family
Sub Type:4 plex
Lot Size:8,587 sq. ft.
Total Sqft:2086 Sqft.
RestrictionsNone Known
DOM20
INTERIOR SNAPSHOT   
Flooring:Carpet, Linoleum, Vinyl
Heating:Boiler


COMMUNITY DETAILS
Address:7 Nyberg Avenue , Red Deer, Alberta T4P 1R5
City:Red Deer
Subdivision:Normandeau
County:Red Deer
Province:Alberta
Postal Code:T4P 1R5
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Year Built:1978
Structure Type:Four Plex
Foundation:Poured Concrete
Zoning:R-M
Parking Total:4
ROOM DIMENSIONS


Inclusions: N/A
Lot Features: Back Lane, Landscaped
Parking Features: Alley Access, Off Street, Parking Pad



Courtesy: Realty Experts Group Ltd


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Big John Peterson - RE/MAX Realty Professionals
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Office: 403-244-5646
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We would highly recommend Big John and his team. Selling a property can be highly stressful. They alleviated much of that stress by keeping us informed throughout the whole process. Their professional advice was invaluable. We truly appreciated all of the team and thank them for their service
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We had a great experience years ago when Big John was our realtor of choice. Some things have changed but, Big John was every bit as professional now as years ago, Thanks to technology, the photos, video and brochures were absolutely great! When we saw our home on the website, we wanted to buy it. The showing process was also excellent. Easy to approve a showing and easy for us to make arrangements. Hopefully, we won't need Big John's services any time soon but, we will definitely recommend him and his team to anyone that should ask. Thank you for making the experience a positive one. Best regards Jim and Leslie G.
Jim and Leslie G.

Normandeau Housing Trends


November 5th 2:40am

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FAQs about 7 Nyberg Avenue , Red Deer,
Alberta, T4P 1R5

7 Nyberg Avenue MLS® A2264661 has an approximate size of 2,086 Sq. Ft. located in Normandeau.

Nearby schools include read Schools & resources

There are 0 bedrooms and 0 bathrooms in this Multi-Family listing at 7 Nyberg Avenue , MLS® A2264661.

This Multi-Family listings is priced at $689,000.

This property is located at 7 Nyberg Avenue , Red Deer, Alberta, T4P 1R5 in the Normandeau community on the market for 20 days. View location on Google maps.

You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Normandeau community resources page.