231 & 233 Kendrew Drive
Red Deer, Alberta
MLS® A2353145
$639,800
- Status
- Active
- Property type
- Multi-family
- MLS® number
- A2353145
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 2002
1 / 41Listing description
DOUBLE THE OPPORTUNITY! Discover the investment potential of this well-maintained, side-by-side bi-level duplex at 231 & 233 Kendrew Drive in Red Deer. Offering two separate residential units, established tenants and a combined rental income of $3,000 per month, this property presents an appealing opportunity for investors looking to add a complete duplex to their portfolio.
Each side features a functional bi-level design with comfortable main-floor living spaces and additional lower-level accommodation. The two units offer approximately 1,302 sq. ft.
of combined above-grade floor area, plus their respective lower levels. The property has benefited from attentive ownership and ongoing maintenance, including improvements to flooring, countertops and appliances in 233 Kendrew Drive. Both units are currently rented at $1,500 per month, with tenants responsible for utilities.
Existing leases extend to July 1, 2027, for 233 Kendrew Drive and September 1, 2027, for 231 Kendrew Drive, providing an established rental arrangement for the incoming owner. Whether you're growing an existing investment portfolio or looking to acquire your first multi-unit property, this duplex offers the advantages of two income-producing residences in one investment. A practical property with established income, maintained interiors and flexibility for future ownership plans!
Property summary
- MLS® number
- A2353145
- Property type
- Multi-family
- Building type
- Multi-Family
- Size
- 1,302 sq ft
- Title
- Freehold
- Land size
- 3197 square feet
- Built in
- 2002
- Annual property taxes
- $2,547.00
- Parking
- 4 spaces · Other
- Days on market
- 15 days
Features & details
- Heating
- Forced air, Natural gas
- Flooring
- Laminate, Linoleum
- Appliances
- Refrigerator, Dishwasher, Stove, Washer & Dryer
- Exterior features
- Vinyl siding
- Architectural style
- Bi-level
What would this home cost you?
Based on the $639,800 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Century 21 Advantage, Red Deer.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.