662/664 1 Street Sw, Medicine Hat
Excellent investment opportunity in the heart of Medicine Hat’s Harlow neighbourhood! This well-maintained side-by-side duplex offers immediate revenue with long-term tenants already in place, making it an ideal addition to any investment portfolio. With separate utilities paid by the tenants and a current gross rental income of $2,200 per month, this is a fantastic opportunity for both seasoned investors and those looking to enter the rental market. It also offers excellent flexibility for buyers wanting to live in one unit while generating income from the other.Situated on a generous 50’ x 127’ lot, the property features two well-designed units. Unit 644 offers a spacious 2+2 bedroom layout with 2 full bathrooms, while Unit 662 features 2+1 bedrooms and 1 full bathroom. A new furnace was installed in Unit 662 in 2024, and the property also benefits from updated shingles completed in 2019 providing added peace of mind for years to come.The detached garage (measurments are 12.4ft x 26.3ft) offers valuable storage space or the potential to generate additional rental income. Conveniently located in the established Harlow neighbourhood, close to schools, parks, shopping, and everyday amenities, this property is well-positioned for long-term investment success.Whether you’re looking to expand your investment portfolio or searching for the perfect live-up/rent-down opportunity, this duplex offers an excellent combination of cash flow, flexibility, and future potential. (id:1945)
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Property details for 662/664 1 Street Sw, Medicine Hat
- Type
- Multi-family
- Living Area
- 1,821 square feet
- Lot Size
- 6350.00
- Parking
- Detached Garage
- Heating
- Forced air
- Ownership
- Freehold
- Annual Taxes
- $3,078 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 662/664 1 Street Sw
Active Listings
77
Min Price
$40,000
Max Price
$15,250,000
Avg Price
$624,605
Days on Market
94
days
Sold Listings
39
Min Sold Price
$65,000
Max Sold Price
$1,450,000
Avg Sold Price
$406,505
Days until Sold
47
days
Neighbourhood Census Data
Medicine Hat, Alberta
Population
613
Median Age
41.2
Median Income
$42,027
Dwelling Value
$349,510
Housing Tenure
Owners 64%
Renters 39%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.4
Pop. Density: 1,257.2/km²
Avg Shelter Cost: $1,338/mo
Owners with Mortgage: 60.7%
Owners Spending 30%+: 14.3%
Tenants Spending 30%+: 35.3%
English only: 94.3%
English and French: 5.7%
Median Household Income: $84,309
Median Employment Income: $35,840
Price History
Listed
July 17, 2026
by RE/MAX MEDALTA REAL ESTATE
Current Price
$409,000
-6.8% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $409,000 | $30,000 (-6.8%) |
| Aug 6, 2026 | $439,000 | Listed |
