MULTI FAMILY DEVELOPMENT SITE! This home is being sold as part of a block of 4 lots offering approximately 0.70 acres and R-M zoning for a multi-family redevelopment. Situated just one block from the Red Deer Hospital with easy access to downtown and the amenities of Red Deer’s South end. The existing home is currently rented for $1345/mo with tenants paying all utilities. Current lease expires on Sept 30, 2026 and same tenants have been in place since 2017. This property is being offered as part of a 4 lot package along with 3 other adjacent properties MLS# A2304631, A2304622, and A2304621.
Data was last updated April 30, 2026 at 12:05 AM (UTC)
Area Statistics
Listings on market:
317
Avg list price:
$419,900
Min list price:
$99,100
Max list price:
$4,750,000
Avg days on market:
28
Min days on market:
1
Max days on market:
301
Avg price per sq.ft.:
$338.06
These statistics are generated based on the current listing's property type
and located in
Red Deer. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.