7 Nyberg Avenue Red Deer, AB T4P 1R5
Listing Courtesy of: PILLAR 9 - IDX / Realty Experts Group Ltd

  7 Nyberg Avenue Red Deer, AB T4P 1R5

Active (3 Days)
$689,000 (CAD)
2,086
SQFT
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Description

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!

MLS®:
A2264661
Lot Size
8,587 SQFT
Type
Multifamily
Year Built
1978
County
Red Deer County

Listed By

Nolin Maurier, Realty Experts Group Ltd
Source
PILLAR 9 - IDX
Last checked Oct 19 2025 at 12:30 PM MDT
Bathroom Details
Interior Features
  • Appliances : Refrigerator
  • Appliances : Dishwasher
  • Appliances : Electric Stove
  • Appliances : Washer/Dryer
  • Laundry/Utility Room : In Unit
  • Laminate Counters
Subdivision
  • Normandeau
Lot Information
  • Landscaped
  • Back Lane
Property Features
  • Fireplace: Total Fireplace(s) : 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Boiler
Flooring
  • Carpet
  • Linoleum
  • Vinyl
Parking
  • Parking Pad
  • Parking Space(s) : 4
Living Area
  • 2,086 sqft
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Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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3617F 50 Ave, Red Deer, AB T4N3Y5

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