Find Your Perfect Calgary Home Under $500K: Explore the Most Recent Under $500,000 Calgary Listings 

You may browse the most recent Calgary homes for sale under $500,000 on mypadcalgary.com. Find the most current Calgary homes for sale, including Calgary houses, condos, villas and land for sale, Calgary detached homes under $500,000 all Calgary real estate listings for sale, and Calgary new homes for sale and SW Calgary detached homes and NW Calgary detached homes on the Calgary real estate market. You may view all available new homes for sale in NW Calgary. Calgary real estate is readily available. Each listing for real estate in Calgary includes information on the neighborhood, features, and photos.
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CALGARY MULTI FAMILY HOMES FOR SALE

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1-12/22
  • 2412 43 Street SE in Calgary: Forest Lawn Full Duplex for sale : MLS®# A2163308

    2412 43 Street SE Forest Lawn Calgary T2B 1H7
    Main Photo: 2412 43 Street SE in Calgary: Forest Lawn Full Duplex for sale : MLS®# A2163308
    $875,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2163308
    Floor Area:
    1,895 sq. ft.
    This is the investment opportunity you've been waiting for. Each side of the duplex measures almost 950 sq ft and have illegal suites downstairs. All the units are 2 bedroom and 1 4pc bathroom. Shared laundry downstairs on each side. Long term tenants, 7 years to almost 30 years. Rents are incredibly low and WELL UNDER market rates. Room to renovate and increase rents. 1 double garage and one single garage could be rented separately. Building has had significant updates over the last few years. Newer tar and gravel roof, newer HE furnaces and mid efficient HWTs. Tenants would love to stay but understand that they are not paying enough. 2410 (UP) is very well kept with a 30 year tenant and he also has the double garage. 2410 Downstairs is a 10 yr plus tenant but the unit needs to be emptied and updated. Current tenant there is a bit of hoarder. 2412 Upstairs is in decent condition, 7 year tenants with dogs and cats(could use a bit of a facelift) 2412 Basement has 9 year tenant and could definitely use a little bit of love. Build some equity through renovations and increase your cash flow, or live in one unit and rent the others. Lots of possibilities. Call your favourite Realtor to explore the options here. EASY TO SHOW WITH A LITTLE NOTICE. More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
  • 735 67 Avenue SW in Calgary: Kingsland Full Duplex for sale : MLS®# A2147977

    735 67 Avenue SW Kingsland Calgary T2V 0M4
    Main Photo: 735 67 Avenue SW in Calgary: Kingsland Full Duplex for sale : MLS®# A2147977
    $899,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2147977
    Floor Area:
    1,835 sq. ft.
    Kingsland duplex with 4 rental units. 735 67th is located just south of Chinook Center and an easy walk to both Elbow Drive to the west and MacLeod Trail to the east. To obtain maximum rents some thoughtful renovations will be required. Current rent as of August 1st is $1940/month for 2 rental units. The west side of the duplex is currently vacant and will require a full cosmetic upgrade to maximize market rents and apply for secondary suite approval. Use Showingtime to set up viewing of the vacant W2. More details
    Listed by Michael Fleming Realty Corp.
    DIANE RICHARDSON
  • 8932 33 Avenue NW in Calgary: Bowness Full Duplex for sale : MLS®# A2150259

    8932 33 Avenue NW Bowness Calgary T3B 1B8
    Main Photo: 8932 33 Avenue NW in Calgary: Bowness Full Duplex for sale : MLS®# A2150259
    $950,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2150259
    Floor Area:
    1,455 sq. ft.
    ATTENTION INVESTORS! Discover an exceptional opportunity to own a revenue property in the vibrant inner-city community of Bowness, Calgary. This well-maintained side-by-side duplex sits on an expansive 72'x120' south-facing lot, perfect for future redevelopment. With its prime location, just a short stroll to Bowness Park and situated below Canada Olympic Park (COP), this property is a tenant's dream. Property 8934 features 2 bedrooms upstairs and 2 bedrooms downstairs with 1 bathroom, while property 8932 offers 2 bedrooms, 1 bathroom, and a fully developed basement. Both units share a double detached garage, providing convenience and added value for tenants. The location boasts walking distance to schools, public transportation, parks, walking paths, Market Mall, COP, University of Calgary, Foothills Medical Centre, and the Alberta Children's Hospital, with quick access to downtown via car or bus. Currently, 8932 collects $1650/month and 8934 collects $1550/month, both on month-to-month tenancies with rents below market value, presenting an immediate opportunity for rent adjustments. This property offers a perfect blend of stability and potential for growth, making it an ideal investment for savvy buyers looking to capitalize on Calgary's dynamic rental market. Don't miss out on this incredible opportunity to own a prime revenue property in one of Calgary's most sought-after neighborhoods! For more details or to schedule a viewing, contact us today. More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
  • 721 4 Avenue NE in Calgary: Bridgeland/Riverside 4 plex for sale : MLS®# A2168286

    721 4 Avenue NE Bridgeland/Riverside Calgary T2E 0K3
    Main Photo: 721 4 Avenue NE in Calgary: Bridgeland/Riverside 4 plex for sale : MLS®# A2168286
    $999,800
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2168286
    Floor Area:
    1,598 sq. ft.
    Opportunity knocks with this Fully Rented out Multi Family Complex in Bridgeland. Situated on a Corner lot with 4 Separate Addresses. This Multi Family complex has one 3 Bedroom (Main floor), two 1 bedroom Suites (basement) and 1 bachelor suite (above the garage) and 2 oversized Single car garages. Nearly a 5% CAP Rate in the inner city is hard to come by. This has great potential and amazing long term tenants that would love to stay. More details
    Listed by Century 21 Bamber Realty LTD.
    DIANE RICHARDSON
  • 850 Mcneill Road NE in Calgary: Mayland Heights 4 plex for sale : MLS®# A2170819

    850 Mcneill Road NE Mayland Heights Calgary T2E 5W6
    Main Photo: 850 Mcneill Road NE in Calgary: Mayland Heights 4 plex for sale : MLS®# A2170819
    $1,075,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2170819
    Floor Area:
    2,400 sq. ft.
    Investment opportunity to own a legal four-plex featuring identical corner 3-bedroom bi-level units, each with 1.5 bathrooms and washer/dryer hook-ups. Conveniently located in the community of Mayland Heights, only a 7-minute drive to Downtown and within walking distance to the grocery store, recreational parks, and tennis courts. Each unit is equipped with its own furnace and hot water tank, with tenants responsible for their utilities. The property is fully leased, with every unit having separate entrances and just over 1200 sqft of rentable space. These generously sized bi-level units offer a spacious upper level comprising a living room, kitchen, dining area, laundry room, and half bath, while the lower-level hosts three bedrooms and a full bathroom. Situated on a M-C1 lot measuring 5,896 sqft,120 ft. x 50 ft. The property includes rear parking with four stalls and ample street parking. More details
    Listed by MaxWell Canyon Creek
    DIANE RICHARDSON
  • 1716 29 Avenue SW in Calgary: South Calgary 4 plex for sale : MLS®# A2164283

    1716 29 Avenue SW South Calgary Calgary T2T 1M7
    Main Photo: 1716 29 Avenue SW in Calgary: South Calgary 4 plex for sale : MLS®# A2164283
    $1,150,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2164283
    Floor Area:
    2,715 sq. ft.
    Welcome to this incredible 4-1 bed, 1 bath property in the heart of vibrant Marda Loop! Each unit is thoughtfully designed, offering comfort and convenience. With a shared common washer/dryer area and a massive backyard, there’s plenty of space for tenants to enjoy. A rare find, the property also boasts a triple detached garage, providing ample parking or storage options. Whether you're an investor seeking consistent rental income or someone looking to live in one unit and rent out the others, this property is an ideal solution. Positioned in one of Calgary’s most desirable neighborhoods, close to trendy shops, cafes, and parks, this 4-plex is the perfect blend of urban living and smart investing. Don’t miss out on this unique opportunity! Call now for your private showing! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 7228 & 7230 Ogden Road SE in Calgary: Ogden Full Duplex for sale : MLS®# A2167066

    7228 & 7230 Ogden Road SE Ogden Calgary T2C 1B6
    Main Photo: 7228 & 7230 Ogden Road SE in Calgary: Ogden Full Duplex for sale : MLS®# A2167066
    $1,150,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2167066
    Floor Area:
    1,760 sq. ft.
    Discover this exceptional full duplex featuring four self-contained legal suites, each with two bedrooms, perfect for maximizing rental income. Each suite boasts a cozy fireplace, in-suite laundry, and a separate entrance for added privacy. The upper suites offer inviting balconies, ideal for enjoying the outdoors. Recent upgrades include new siding, windows, and doors, all completed in 2024, along with composite decking and metal railings on the balconies. The roof was replaced in 2019, ensuring long-term durability and peace of mind. Currently, three units are rented, providing immediate income and showcasing the strong rental demand in the area. With an attractive cap rate of 5.75% and the potential for nearly $1,700 in monthly cash flow, this property presents a compelling investment opportunity. Located in an inner-city neighbourhood, it offers convenient access to downtown, parks, tennis courts, ball diamonds, schools, and a hockey arena. With four parking stalls in the back and a well-maintained exterior, this property is not to be missed! More details
    Listed by Century 21 Bravo Realty
    DIANE RICHARDSON
  • 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137

    919 32 Avenue NW Cambrian Heights Calgary T2K 0B1
    Main Photo: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    $1,175,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2129137
    Floor Area:
    2,038 sq. ft.
    Attention Investors! Immaculate, updated legal 4-plex ideally located in Cambrian Heights, 1 block to Confederation Park. Current income $60,000/year. Current insurance is $2,756/year. Newer white kitchens and bathrooms in all units! Fully rented, main floor features 2 bedroom suites with hardwood floors. The lower levels are both very large 1 bedrooms. Easy access everywhere! Main floor sq footage is 2037 sq ft.. Meticulously maintained, the property boasts newer white kitchens and bathrooms with ceramic tiling in all units. Updates include 4 furnaces 2007 and shingles replaced in 2011, ensuring the building's efficiency and structural integrity. Hot water tanks were replaced between 5-8 years ago. Each unit features hardwood floors on the main level, providing a warm and inviting living space. Off-street parking for 4 vehicles is available at the back of the property. The sale includes 4 refrigerators, 4 electric stoves, 2 dishwashers, 2 washers, 2 dryers, and 2 storage sheds. The window coverings owned by the sellers are also included. The total size of the property is 3,901.85 square feet, with the main level measuring 2,037.72 square feet and the basement 1,864.13 square feet. The 50ft frontage lot offers ample space for outdoor enjoyment. Title and Real Property Reports are available in the supplements on the listing. Currently, the property generates a monthly income of $5,000,, which is considered low for the area, presenting an opportunity for potential growth. Rents on some other units in comparable properties are higher. Don't miss the chance to own this well-maintained and income-generating property in a desirable location. More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
  • 3105 A & B, 3107 A & B 38 Street SW in Calgary: Glenbrook 4 plex for sale : MLS®# A2164549

    3105 A & B, 3107 A & B 38 Street SW Glenbrook Calgary T3E 3G4
    Main Photo: 3105 A & B, 3107 A & B 38 Street SW in Calgary: Glenbrook 4 plex for sale : MLS®# A2164549
    $1,250,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2164549
    Floor Area:
    1,885 sq. ft.
    FULLY RENOVATED LEGAL 4 PLEX IN PRIME INNER-CITY LOCATION WITH EASY ACCESS TO ALL AMENITIES | Welcome to an incredible investment opportunity located in the highly sought-after neighbourhood of Glenbrook, one of Calgary's most desirable communities in the southwest. This well-maintained legal fourplex is perfectly situated on a quiet, tree-lined residential street, offering a peaceful atmosphere while maintaining exceptional convenience. With proximity to public transit options, it provides an easy and quick commute to Calgary’s vibrant downtown core, making it an ideal location for both tenants and owners alike. This property is surrounded by a wealth of amenities, including grocery stores, shopping centers, dining options, recreational facilities, and lush parks. Glenbrook's community parks and green spaces are perfect for families and outdoor enthusiasts. Nearby schools, from elementary to high school, provide excellent education options for families, while major roadways such as Crowchild Trail and Sarcee Trail allow for fast and easy connectivity to all parts of the city, making daily commutes and weekend getaways a breeze. The fourplex itself boasts four well-designed legal suites, each featuring a spacious, open-concept floor plan, ideal for modern living. Each of the 4 units with 2 generously sized bedrooms, these units offer both comfort and functionality. Private front and side entrances provide added privacy and independence for tenants. In-suite laundry facilities, including washers and dryers, add further convenience, enhancing the appeal of each unit for renters. The mechanical rooms in each legal suite house separate furnaces and individual hot water tanks, ensuring efficient heating and energy usage tailored to each tenant’s needs. The property offers ample parking with a double garage + 2 additional designated parking stalls located at the rear of the building, making it easy for tenants to park without hassle. Positive cash flow makes the property an excellent income-generating investment with room for growth in rental rates. Whether you’re a seasoned investor looking to expand your portfolio or a first-time buyer seeking a stable income property, this fourplex in Glenbrook offers an unbeatable combination of location, convenience, and rental potential. With increasing demand for inner-city living, this property presents a low-risk investment with promising returns. Don't miss out on this rare opportunity! Discover everything this exceptional property has to offer and take the next step in securing a solid investment in Calgary’s thriving real estate market. More details
    Listed by RE/MAX House of Real Estate
    DIANE RICHARDSON
  • 416/416A/416B/414 54 Avenue SW in Calgary: Windsor Park 4 plex for sale : MLS®# A2155298

    416/416A/416B/414 54 Avenue SW Windsor Park Calgary T2V 0C5
    Main Photo: 416/416A/416B/414 54 Avenue SW in Calgary: Windsor Park 4 plex for sale : MLS®# A2155298
    $1,268,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2155298
    Floor Area:
    1,695 sq. ft.
    !!!$30,000 Drop!!!. ATTENTION INVESTORS and BUILDERS! Discover an exceptional opportunity to own a revenue property in the vibrant community of Winsor Park in Calgary. This well-maintained side-by-side duplex with 2 LEGAL NEWLY RENOVATED BASEMENT SUITES, double detached garage and fully landscaped backyard. 2 electric meters and 2 gas meters. Firewall installed. Ready to SPLIT TITLE. This property sits on a 60'x120' south-facing lot, perfect for future redevelopment. Featuring 4 units, each are 2 Bedroom Suites with separate entrances and laundry room. Living area (including all 4 units 416, 416A, 416B, 414) measurement is about 3400 sq ft. This property is conveniently located for an easy commute to downtown Calgary, public transit, c-train station and 10 minutes walking distance to Chinook Centre. Also close to Glenmore reservoir, Sandy Beach Park and Rocky view Hospital. All 4 units are occupied by excellent long term tenants, currently on a month to month basis. Showings are only available every Sunday from 1-4pm. Don't miss out on this amazing opportunity! More details
    Listed by Grand Realty
    DIANE RICHARDSON
  • 1527 28 Avenue SW in Calgary: South Calgary 4 plex for sale : MLS®# A2148348

    1527 28 Avenue SW South Calgary Calgary T2T 1J3
    Main Photo: 1527 28 Avenue SW in Calgary: South Calgary 4 plex for sale : MLS®# A2148348
    $1,299,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2148348
    Floor Area:
    2,106 sq. ft.
    Here's your opportunity to own a Solid Investment 4 plex in one of Calgary's best Inner City Neighbourhoods! Featuring 3 Spacious - 2 Bedroom Suites and 1 Bright & Sunny- One bedroom suite you have a great rental mix for years to come. The up/down 'flat' 4 plex configuration lends itself to larger spaces and natural light while giving privacy. All 4 units have Vinyl windows, separate High efficiency HVAC and 2 entrances. Original Oak hardwood, decorative plaster ceilings and 50's faux fireplaces give a stylish midcentury vibe that holds true to today. This property has been carefully maintained with A new Boiler in 2019 and Membrane Roof 2015. Buy and hold as an investment property and look to future redevelopment as this 50' x 125' lot is zoned MC-1 so its a good size and has lots of options. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 4728 Stanley Road SW in Calgary: Parkhill 4 plex for sale : MLS®# A2171824

    4728 Stanley Road SW Parkhill Calgary T2S 2R2
    Main Photo: 4728 Stanley Road SW in Calgary: Parkhill 4 plex for sale : MLS®# A2171824
    $1,348,888
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2171824
    Floor Area:
    1,620 sq. ft.
    Elboya - 4724 & 4728 Stanley Road SW: INVESTORS/DEVELOPERS. Fantastic opportunity to own two separate 60’ x 125’ lots in the sought-after community of Elboya. Total Land is 15,000 Sqft. Each property is separately titled and must be purchased together, total list price for the package is $2,697,776. The current use on each property is a legal 4-plex. The current Zoning is MC-2. All units have two Bedrooms and one bath. All eight units are well-maintained, and many have long-term tenants. Upper units are 774 sqft, and lower units are 720 sqft. Each unit is self-contained with a private/separate front and rear entrance and is metered with its own electrical panel, HWT, furnace, and in-suite laundry. There is plenty of street parking. 4724 has three outdoor stalls and a double detached garage with a back lane. 4728 has a 4-car garage with a back lane. Prime Inner City Property! Ideally situated in Elboya, just south of Parkhill and within walking distance of Stanley Park and the 39 Ave LRT Train Station. Fantastic Location - steps to MacLeod Trail with quick access to Chinook Centre Mall, Britannia Plaza + Much More !! Easy access to Elbow Drive, Deerfoot & Glenmore Trail and a 10-minute commute into downtown. Excellent holding property, a rare re-development opportunity to own 120 feet of frontage ready for development with solid rental income. Call for more information. More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
1-12/22
Data was last updated November 1, 2024 at 02:05 AM (UTC)
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