5918 57 Avenue , Red Deer, Alberta

$795,222

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2,410

Square feet

0.20

Acres

About 5918 57 Avenue

Six-suite apartment building located in the established Riverside Meadows neighbourhood. The property offers a practical unit mix consisting of five two-bedroom suites and one one-bedroom basement suite. All six units are currently rented, providing an established rent roll. Each suite has its own private entrance and designated parking stall, giving residents independent access and convenient off-street parking. The building is heated by a central boiler system and includes shared laundry facilities that provide additional income. With all units occupied and parking provided for each suite, this property is set up as an operating multi-residential rental building. Financial information, tenancy details and property measurements are based on information provided by the seller and should be independently verified. Tenants pays for power on their own unit.

Features of 5918 57 Avenue

MLS® # A2345623
Price $795,222
Square Footage 2,410
Acres 0.20
Year Built 1979
Type Multi-Family
Sub-Type Row/Townhouse
Status Active

Community Information

Address 5918 57 Avenue
Subdivision Riverside Meadows
City Red Deer
County Red Deer
Province Alberta
Postal Code T4N4S7

Amenities

Parking Spaces 6
Is Waterfront No
Has Pool No

Interior

Interior Features See Remarks
Appliances Electric Stove, Range Hood, Refrigerator
Fireplace No
Has Basement No

Exterior

Exterior Features Storage
Roof Asphalt Shingle
Construction Vinyl Siding, Wood Frame
Foundation Poured Concrete

Additional Information

Date Listed September 16th, 2026
Zoning R-L
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeeXp Realty

Listing Map