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A2265569 - 5139 48th Street , Innisfail, Alberta T4G 1M2




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This exceptional BRAND NEW 4-plex offers a rare chance to own a turnkey multi-family property in the heart of Innisfail. With a total of 3,968 sq. ft. above grade and an additional 1,736 sq. ft. below grade, the property combines style and functionality throughout. Each of the four units provides 1,426 sq. ft. of finished living space with a bright open-concept main floor featuring custom cabinetry, a large center island, granite countertops, and a convenient two-piece bathroom. Upstairs, both bedrooms are generously sized and include their own private four-piece ensuites, while the fully finished basement adds even more living space with a family room, an additional bedroom, laundry complete with washer and dryer and a full bathroom. In total, every unit offers three bedrooms and three and a half bathrooms, designed to meet the needs of modern living. The property is centrally located close to downtown and only one block from the town’s schools, making it highly desirable for families and long-term tenants. The exterior is landscaped and includes parking pads for each unit, creating a low-maintenance and well-planned development. With 5,704 sq. ft. of total finished living space across all four units, this brand new build with Certified New Home Warranty is an outstanding opportunity for investors or owner-occupiers in one of Alberta’s growing communities. Based on a market rent of $2000 per month (per unit) your gross cap rate would be 7.4% and combined with a 10 year new home warranty make for a worry free investment.

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ESSENTIAL
MLS®:A2265569
Price:1,299,000.00
Type:Multi-Family
Sub Type:4 plex
Style:2 Storey
Levels:Two
Total Sqft:3968 Sqft.
RestrictionsNone Known
DOM12
INTERIOR SNAPSHOT   
Flooring:Carpet, Vinyl Plank
Heating:High Efficiency, Forced Air, Natural Gas
Basement:Full


COMMUNITY DETAILS
Address:5139 48th Street , Innisfail, Alberta T4G 1M2
City:Innisfail
Subdivision:Central Innisfail
County:Red Deer County
Province:Alberta
Postal Code:T4G 1M2
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Year Built:2025
Structure Type:Four Plex
Foundation:Poured Concrete
Roof:Asphalt Shingle
Zoning:R-3
Construction:Concrete, Manufactured Floor Joist, Stone, Vinyl Siding, Wood Frame
Parking Total:4
ROOM DIMENSIONS


Inclusions: Fridge x 4, Stove x4, Dishwasher x 4, Over Range Microwave x 4, Washer and Dryer x 4
Parking Features: Off Street, Parking Pad



Courtesy: RE/MAX real estate central alberta


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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.

Central Innisfail Housing Trends


Real Estate Listings: 7
Highest Price: $1,299,000.00
Lowest Priced: $265,000.00
Average Price: $556,973.00
November 5th 1:40am

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FAQs about 5139 48th Street , Innisfail,
Alberta, T4G 1M2

5139 48th Street MLS® A2265569 has an approximate size of 3,968 Sq. Ft. located in Central Innisfail.

Nearby schools include read Schools & resources

There are 0 bedrooms and 0 bathrooms in this Multi-Family listing at 5139 48th Street , MLS® A2265569.

This Multi-Family listings is priced at $1,299,000.

This property is located at 5139 48th Street , Innisfail, Alberta, T4G 1M2 in the Central Innisfail community on the market for 12 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 Central Innisfail community resources page.