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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715 5 Street NE
Renfrew Calgary T2E 3W7

$1,200,000
Multi-Family 2,384 sq. ft. built: 1971

Main Photo: 715 5 Street NE in Calgary: Renfrew 4 plex for sale : MLS®# A2335405
Photo 1: 715 5 Street NE in Calgary: Renfrew 4 plex for sale : MLS®# A2335405
Photo 2: 715 5 Street NE in Calgary: Renfrew 4 plex for sale : MLS®# A2335405
Photo 3: 715 5 Street NE in Calgary: Renfrew 4 plex for sale : MLS®# A2335405
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Photo 48: 715 5 Street NE in Calgary: Renfrew 4 plex for sale : MLS®# A2335405
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2335405
Year Built:
1971
Excellent investment opportunity in the established community of Renfrew, just minutes from downtown Calgary. 50 x 120 M-C2 lot with views of downtown. This property features four identical bilevels (A through D). Rare 3-bedroom units are easy to rent! Recent updates include all furnaces in 2018, updated kitchens, and tile and vinyl flooring in most units within the last 10 years, the property has vinyl windows and newer doors but the age is unknown. The main floor of each unit features a bright, open layout with vaulted ceilings, a spacious living room with a wood burning fireplace, a separate dining area, and a well-designed kitchen. The lower levels offer 3 bedrooms, a 4 piece bathroom, and a laundry + mechanical room. Vinyl plank flooring and tile provide durability and easy maintenance throughout. This is an excellent opportunity to own a well-located income property close to downtown Calgary with lots of future potential. Separate utility meters on all 4 units. Gross annual income is $80,400. Projected annual income with increased rents is 90,000.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Home Style:
Bi-Level
Total Living Area:
2,383.94 sq. ft.
Main Level Finished Area:
2,383.94 sq. ft.
Below Grade Finished Area:
2,103.48 sq. ft.
Lot Area:
5,963 sq. ft.
Lot Frontage:
50'1½"
Lot Details:
50 x 120
Levels:
Bi-Level
Year built:
1971 (Age: 55)
Bathrooms:
- (Full:-, Half:-)
Plan:
5386L
Heating:
Forced Air, Natural Gas
Basement:
Full, Finished, None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Stucco, Wood Frame
Structure Type:
Four Plex
Roof:
Tar/Gravel
Ensuite:
No
Flooring:
Carpet, Tile, Vinyl Plank
Cooling:
None
Fireplaces:
4
Fireplace Details:
Brick Facing, Living Room, Mantle, Wood Burning
Garage:
No
Parking:
Assigned, Off Street, Parking Pad
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Unit
Northeast
Renfrew
Dishwasher, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
3x Refrigerator, 3x Stove(s), 3x Dishwasher, 3x Washer/Dryer and 3x Window Coverings
None Known
Title to Land:
Fee Simple
Community Features:
Park, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Vaulted Ceiling(s)
Exterior Features:
None
Patio And Porch Features:
Balcony(s)
Lot Features:
Back Lane, Near Public Transit
Num. of Parcels:
0
Outbuildings:
Shed
Fencing:
None
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Aug 07, 2026
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Listed by Century 21 Masters
Data was last updated August 9, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
37
Avg list price:
$2,888,000
Min list price:
$449,900
Max list price:
$17,250,000
Avg days on market:
76
Min days on market:
1
Max days on market:
387
Avg price per sq.ft.:
$575.24
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.