$ 219,900

582 Redwood Avenue, Winnipeg

4A//Winnipeg/Please note, 24 hours notice is required for all showings to respect current occupants This tri-plex offers a practical investment opportunity with five bedrooms and three bathrooms in total. The property is currently tenant-occupied and generating rental income, making it an option for investors looking for an income-producing property Both units offer functional living space, and the property includes a good-sized yard, wrap-around deck, single garage, and additional parking. The location is convenient, with shopping, schools, public transportation, and other everyday amenities nearby. The property has potential for future improvements and updating, giving a new owner the opportunity to add value over time while continuing to operate it as a rental. With tenants currently in place and a versatile layout, this Tri-plex is worth considering for investors looking to expand their rental portfolio. (id:1945)
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Property details for 582 Redwood Avenue, Winnipeg

Type
Multi-family
Bedrooms
5
Bathrooms
3
Living Area
1,920 square feet
Lot Size
33 x 135
Stories
1.5
Parking
Detached Garage
Heating
Forced air, Natural gas
Ownership
Leasehold
Annual Taxes
$2,163 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 582 Redwood Avenue

Active Listings
7
Min Price
$178,400
Max Price
$455,000
Avg Price
$338,286
Days on Market
34
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Neighbourhood Census Data

Winnipeg, Manitoba

Population
719
Median Age
30
Median Income
$22,528
Dwelling Value
$139,798

Housing Tenure

Owners 48%
Renters 52%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 3
Pop. Density: 6,489.2/km²
Avg Shelter Cost: $819/mo
Owners with Mortgage: 66.7%
Owners Spending 30%+: 20.8%
Tenants Spending 30%+: 52%
English only: 93.8%
English and French: 5.6%
Neither: 0.7%
Median Household Income: $39,637
Median Employment Income: $23,616

Price History

Listed
August 26, 2026
by RE/MAX EXECUTIVES REALTY
Current Price
$219,900
-8.3% from last change
Type
Multi-family
For Sale
Price Changes
1
Date Price Change
Current $219,900 $20,000 (-8.3%)
Aug 26, 2026 $239,900 Listed

Contact Agent Get in touch about 582 Redwood Avenue, Winnipeg

Lee Wren
Lee Wren
RE/MAX EXECUTIVES REALTY