5918 57 Avenue, Red Deer
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. (id:1945)
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Property details for 5918 57 Avenue, Red Deer
- Type
- Multi-family
- Living Area
- 2,410 square feet
- Lot Size
- 8732.00
- Exterior
- Vinyl siding
- Ownership
- Freehold
- Annual Taxes
- $6,964 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 5918 57 Avenue
Active Listings
136
Min Price
$42,000
Max Price
$5,700,000
Avg Price
$580,451
Days on Market
63
days
Sold Listings
53
Min Sold Price
$38,000
Max Sold Price
$2,499,900
Avg Sold Price
$371,881
Days until Sold
53
days
Neighbourhood Census Data
Red Deer, Alberta
Population
391
Median Age
34.1
Median Income
$31,808
Dwelling Value
$266,018
Housing Tenure
Owners 28%
Renters 75%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 4,245.4/km²
Avg Shelter Cost: $1,400/mo
Owners with Mortgage: 70%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 24.1%
English only: 93.6%
English and French: 3.8%
Neither: 1.3%
Median Household Income: $52,608
Median Employment Income: $32,320
Price History
Listed
September 16, 2026
by eXp Realty
Current Price
$795,222
Type
Multi-family
For Sale
