Diane Richardson

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101-304 5904 51 Avenue
Riverside Meadows (Red Deer) Red Deer T4N 4H9

$1,495,000
Multi-Family 6,566 sq. ft. built: 1981

Main Photo: 101-304 5904 51 Avenue: Red Deer Apartment for sale : MLS®# A2268103
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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2268103
Year Built:
1981
Investment Opportunity! FULLY RENTED and FULLY RENOVATED 11 Suite APARTMENT BUILDING for sale!!! 5 Two Bedroom Units and 6 - 1 Bedroom Units, There is a possibility of a 12th Bachelor Suite which would require City Approval. Each Unit has been fully renovated with Vinyl Plank Flooring, Kitchen Cabinets and newer Fridges, Stoves and BI Dishwashers. All Units have new Balconies. Building has been Extremely Well Maintained with Newer Boiler, Roof, HWT, Windows, Carpeting in Halls. 2 Commercial Washer’s and Dryers with large Laundry Room. This Property is Completely Turn Key!
Property Type:
Multi-Family
Property Sub Type:
Apartment
Transaction Type:
For Sale
Home Style:
Apartment-Multi Level Unit
Total Living Area:
6,566 sq. ft.
Lot Area:
14,700 sq. ft.
Stories Total:
3
Year built:
1981 (Age: 44)
Bathrooms:
- (Full:-, Half:-)
Plan:
7604S
Foundation:
Poured Concrete
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Garage:
No
Parking Places:
12
Parking Total/Covered:
12 / -
Riverside Meadows (Red Deer)
11 Fridges, 11 Stoves, 11 Dishwashers, 2 Commercial Washers, 2 Commercial Dryers
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Red Deer
Zoning:
R-M
Listed Date:
Oct 31, 2025
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Virtual Tour

Virtual Tour

Listed by Realty Executives Alberta Elite
Data was last updated December 12, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$832,000
Min list price:
$630,000
Max list price:
$3,780,000
Avg days on market:
56
Min days on market:
11
Max days on market:
208
Avg price per sq.ft.:
$311.33
These statistics are generated based on the current listing's property type and located in Red Deer. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON
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.