29 Eastman Crescent
Red Deer
T4R 1X4
$700,000
Multi-Family
2,171 sq. ft.
built: 1982
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2251956
- Year Built:
- 1982
- Photos (43)
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7.4% Stabilized CAP Rate! $6,250/mo in gross rents! An exceptional investment opportunity awaits at Eastview Estates! This well-maintained 4PLEX offers Bi-Level units, each with 3 Bedrooms, 1 Bath, Kitchen, Dining, Living Room, separate Laundry, and a balcony. Two units have been FULLY RENOVATED in the last year (NEW KITCHEN, APPLIANCES, DOORS, FLOORING, PAINT, BATHROOM, PATIO DOORS, WINDOWS, ETC , bringing a fresh modern appeal, while NEWER WINDOWS throughout the 4PLEX enhance energy efficiency and aesthetics. Each unit includes 2 designated PAVED PARKING STALLS for tenants' convenience. Tenants have FRESH LEASES in place and are responsible for individual electrical and heating costs. With gross monthly revenue at $6,250 and all four units currently rented with tenants eager to stay, this property promises a stable and lucrative income stream. Nestled in the vibrant community of Eastview Estates in Red Deer, the property is located just off 30 Ave and less than 200 meters from a transit stop, offering a prime location with superb transportation access. Known for its friendly neighbourhood atmosphere, Eastview Estates provides residents with access to parks, schools, and shopping, enhancing the appeal for renters seeking convenience and lifestyle.
- Property Type:
- Multi-Family
- Property Sub Type:
- 4 plex
- Transaction Type:
- For Sale
- Total Living Area:
- 2,171.04 sq. ft.
- Year built:
- 1982 (Age: 43)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 9922674
- Structure Type:
- Four Plex
- Ensuite:
- No
- Garage:
- No
- Parking Places:
- 8
- Parking Total/Covered:
- 8 / -
- Eastview Estates (Red Deer)
- Fridge (x4), Stove (x4), Range Hood (x4), Washer(x4), Dryer (x4)
- None Known
- Title to Land:
- Fee Simple
- Num. of Parcels:
- 0
- Region:
- Red Deer
- Zoning:
- R-M
- Listed Date:
- Aug 27, 2025
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Listed by Real Broker
Data was last updated September 1, 2025 at 02:05 AM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $832,000
- Min list price:
- $630,000
- Max list price:
- $3,780,000
- Avg days on market:
- 56
- Min days on market:
- 11
- Max days on market:
- 208
- Avg price per sq.ft.:
- $311.33
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.
- MAVIS ANDERSEN-BUSCH
- REDLINE REAL ESTATE GROUP
- 1 (403) 8079299
- Contact by Email
Mavis Andersen-Busch
Redline Real Broker
Office Address:
210, 7015 Macleod Trail S
Calgary, AB, T2H2K6