4908 54 Avenue, High Prairie
Investor ALERT in High Prairie!!! Featuring an INCREDIBLE 11.3% Cap Rate + STRONG Cash Flow + SOLID UPGRADES throughout!!!This WELL-MAINTAINED Bi-level 4-Plex sits on a LARGE 6,092 Sq Ft lot and offers 3,558 Sq Ft of Total Developed LIVING SPACE. Designed for CONSISTENT Rental Demand and EASE of Management, this TURN-KEY opportunity delivers both excellent upside and LONG-TERM stability.The property features 4 RENTED units generating a total MONTHLY INCOME of $4,825. The 2 top-floor units each offer 756 Sq Ft, while the 2 lower units each provide 646 Sq Ft — a FUNCITONAL layout that supports STRONG OCCUPANCY and STEADY CASH FLOW!!!This property has had LOTS OF WORK put into it - w/SIGNIFICANT Updates + MAJOR Improvements already completed, making it a STRONG, LOW-MAINTENANCE investment opportunity!!! Shingles Replaced 2013, NEWER VINYL FLOORING + Tiled flooring throughout, NEWER Windows + Doors, NEWER Vanities, + EXTERIOR IMPROVEMENTS Include New SIDING on the FRONT + a FRESHLY Painted Deck.MAJOR MECHANICAL UPDATES for peace of mind: FURNACES (2026 and 2022 Years Old) + Hot Water Tanks (2022 + 2023) + APPLIANCE UPDATES: Stoves (2018 +2025), Fridges (2016 + 2019 + 2024).STRONG INCOME. BIG LOT. IMPRESSIVE RETURNS.Add this CASH-FLOWING asset to your portfolio TODAY!!! (id:1945)
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Property details for 4908 54 Avenue, High Prairie
- Type
- Multi-family
- Style
- Bi-level
- Living Area
- 1,779 square feet
- Lot Size
- 566.00
- Basement
- Finished, Full
- Parking
- Other, Street, Shared
- Heating
- Forced air, Natural gas
- Cooling
- None
- Exterior
- Vinyl siding
- Ownership
- Freehold
- Annual Taxes
- $3,816 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 4908 54 Avenue
Active Listings
69
Min Price
$24,900
Max Price
$1,900,000
Avg Price
$293,326
Days on Market
229
days
Sold Listings
7
Min Sold Price
$49,000
Max Sold Price
$459,900
Avg Sold Price
$318,071
Days until Sold
197
days
Price History
Listed
February 25, 2026
by RE/MAX House of Real Estate
Current Price
$599,900
Type
Multi-family
For Sale
