CALGARY MULTI FAMILY HOMES FOR SALE

Multi-family homes for sale in Calgary are a type of real estate that includes buildings that have multiple units, such as apartments, that are rented out to tenants. They can be found in many different areas of the city, from the downtown core to suburban neighborhoods. They can come in different styles such as modern, traditional, or contemporary. Multi-family homes in Calgary can range from low-rise buildings, such as duplexes or triplexes, to high-rise buildings with many units. They often come with amenities such as gyms, pools, and playgrounds. They offer a low maintenance lifestyle for the owner as the maintenance of common areas is typically handled by a property management company. These types of properties can be an attractive investment option for landlords, as they can generate rental income. They can also be a good option for first-time buyers who are looking for an affordable entry into the housing market. It's worth noting that the availability and prices of multi-family homes in Calgary can vary depending on the location, condition, size, and age of the property, as well as the current state of the market. Regulations and laws regarding multi-family homes in Calgary are also important to take into consideration, such as zoning laws, building codes, and safety regulations.

Feel free to contact me via email, live chat, text, or phone if you come across any property that catches your attention and you want to take a closer look. I would be more than happy to arrange a private viewing at a time that works for you. Please don't hesitate to reach out to me at 403.397.3706 to schedule a viewing. Looking forward to hearing from you!

Best regards, Diane Richardson

MULTI FAMILY HOMES FOR SALE IN CALGARY

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1 1202 2 Street NE
Crescent Heights Calgary T2E 8A6

$1,499,000
Multi-Family 5,088 sq. ft. built: 1978

Main Photo: 1 1202 2 Street NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2311476
Photo 1: 1 1202 2 Street NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2311476
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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2311476
Year Built:
1978
Exceptional investment opportunity in the highly sought-after community of Crescent Heights! This exceptionally well-maintained 4-plex offers a rare layout more comparable to a boutique apartment building than a traditional fourplex. All 4 completely self-contained units features 3 bedrooms + den, generous living areas, functional layouts, and strong tenant appeal, offering privacy and independence for residents. Adding to the investment appeal, tenants are responsible for their own utilities, and the owner does not pay utilities for the common areas, helping to minimize operating expenses. Pride of ownership is evident throughout, with meticulous upkeep and maintenance over the years. Ideally located just minutes to downtown, transit, parks, schools, shopping, and vibrant local amenities, this is a prime opportunity for investors seeking a premium multi-family asset in an unbeatable inner-city location. The current rents are as follows: Unit A is $1,500 and units B, C, and D are $1,650 per month each + tenants pay utilities.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Total Living Area:
5,088.5 sq. ft.
Lot Area:
5,974 sq. ft.
Year built:
1978 (Age: 48)
Bathrooms:
- (Full:-, Half:-)
Plan:
8711093
Structure Type:
Four Plex
Ensuite:
No
Utilities:
Natural Gas Paid, Electricity Paid For, Heating Paid For, Water Paid For
Garage:
No
Parking:
Alley Access, On Street, Paved
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Unit
Northeast
Crescent Heights
Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Shed
None Known
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Patio And Porch Features:
Balcony(s), Patio
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG d72
Listed Date:
May 14, 2026
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Listed by CIR Realty
Data was last updated June 24, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
40
Avg list price:
$2,949,500
Min list price:
$990,000
Max list price:
$17,250,000
Avg days on market:
58
Min days on market:
2
Max days on market:
357
Avg price per sq.ft.:
$574.96
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON


ASK DIANE RICHARDSON A QUESTION

If there are any Calgary real estate listing and any Calgary single family home or any Calgary townhomes for sale that strike your eye and you'd like to have a closer look at, kindly email, text, or call me. I'll schedule a private viewing for you at a convenient time. I may also be reached by phone at 403-397-3706, text, or email. The MLS® number or address of the property you are interested in should be included. List your Calgary home for sale using our time-tested marketing techniques, or get in contact with me right immediately to arrange a private showing of any property you see on mypadcalgary.com.

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.