There are multiple listings for this address:
FULLY RENTED LEGAL 4-PLEX WITH LONG TERM TENANTS. Current monthly rent $5,100/month. Gross annual income: $61,200. Net annual income $47,500 (TBV) This multi family unit is located just off International Avenue (17th. Ave. S.E). Easy access to shopping, transit, parks, schools, etc. Features fully fenced property with 5 parking stalls at rear with lane access. Corner lot. Interior photos are Unit 2231(b) reno’d March 2021. 2231(a) was reno’d approximately 5 years ago. *2229 ( a & b) Need renovations but currently have long term (10 years) paying tenants.
Property Details
Price:
$709,000
MLS #:
A1108430
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
4 plex
Subdivision:
Forest Lawn
Listed Date:
Dec 16, 2025
Finished Sq Ft:
1,978
Lot Size:
7,685 sqft / 0.18 acres (approx)
Year Built:
1971
See this Listing
Schools
Interior
Appliances
Dishwasher, Dryer, Electric Range, Refrigerator, See Remarks, Washer
Basement
Full, Suite
Laundry Features
In Unit
Exterior
Lot Features
Back Lane, Corner Lot, Front Yard
Outbuildings
See Remarks, Shed
Parking Features
Stall, Parking Lot, See Remarks
Parking Total
5
Patio And Porch Features
Deck
Roof
Tar/Gravel
Financial
Map
Community
- Address2231 48 Street SE Calgary AB
- SubdivisionForest Lawn
- CityCalgary
- CountyCalgary
- Zip CodeT2B 1M3
Subdivisions in Calgary
- Abbeydale
- Acadia
- Albert Park/Radisson Heights
- Alpine Park
- Altadore
- Alyth/Bonnybrook
- Ambleridge
- Applewood Park
- Arbour Lake
- Aspen Woods
- Auburn Bay
- Banff Trail
- Bankview
- Beddington Heights
- Bel-Aire
- Belmont
- Beltline
- Belvedere
- Bonavista Downs
- Bowness
- Braeside
- Brentwood
- Bridgeland/Riverside
- Bridlewood
- Britannia
- Burns Industrial
- Cambrian Heights
- Canyon Meadows
- Capitol Hill
- Carrington
- Castleridge
- Cedarbrae
- Chaparral
- Charleswood
- Chinatown
- Chinook Park
- Christie Park
- Citadel
- Cityscape
- Cliff Bungalow
- Coach Hill
- Collingwood
- Copperfield
- Coral Springs
- Cornerstone
- Cougar Ridge
- Country Hills
- Country Hills Village
- Coventry Hills
- Cranston
- Crescent Heights
- Crestmont
- Currie Barracks
- Dalhousie
- Deer Ridge
- Deer Run
- Deerfoot Business Centre
- Diamond Cove
- Discovery Ridge
- Douglasdale/Glen
- Dover
- Downtown Commercial Core
- Downtown East Village
- Downtown West End
- Eagle Ridge
- East Fairview Industrial
- East Shepard Industrial
- Eastfield
- Eau Claire
- Edgemont
- Elbow Park
- Elboya
- Erin Woods
- Erlton
- Evanston
- Evergreen
- Fairview
- Fairview Industrial
- Falconridge
- Foothills
- Forest Heights
- Forest Lawn
- Forest Lawn Industrial
- Franklin
- Garrison Green
- Garrison Woods
- Glacier Ridge
- Glamorgan
- Glenbrook
- Glendale
- Golden Triangle
- Greenview
- Greenview Industrial Park
- Greenwood/Greenbriar
- Hamptons
- Harvest Hills
- Haskayne
- Hawkwood
- Haysboro
- Hidden Valley
- Highfield
- Highland Park
- Highwood
- Hillhurst
- Homestead
- Horizon
- Hotchkiss
- Hounsfield Heights/Briar Hill
- Huntington Hills
- Inglewood
- Kelvin Grove
- Keystone Hills
- Killarney/Glengarry
- Kincora
- Kingsland
- Lake Bonavista
- Lakeview
- Legacy
- Lewisburg
- Lincoln Park
- Livingston
- Lower Mount Royal
- MacEwan Glen
- Mahogany
- Manchester
- Manchester Industrial
- Maple Ridge
- Marlborough
- Marlborough Park
- Martindale
- Mayland
- Mayland Heights
- McCall
- McKenzie Lake
- McKenzie Towne
- Meadowlark Park
- Medicine Hill
- Meridian
- Midnapore
- Millrise
- Mission
- Monterey Park
- Montgomery
- Moraine
- Mount Pleasant
- New Brighton
- Nolan Hill
- North Airways
- North Glenmore Park
- North Haven
- North Haven Upper
- Oakridge
- Ogden
- Osprey Hill
- Palliser
- Panorama Hills
- Parkdale
- Parkhill
- Parkland
- Patterson
- Pegasus
- Penbrooke Meadows
- Pine Creek
- Pineridge
- Point McKay
- Pump Hill
- Queensland
- Ramsay
- Ranchlands
- Rangeview
- Red Carpet
- Redstone
- Renfrew
- Ricardo Ranch
- Richmond
- Rideau Park
- Riverbend
- Rocky Ridge
- Rosedale
- Rosemont
- Rosscarrock
- Royal Oak
- Royal Vista
- Rundle
- Rutland Park
- Saddle Ridge
- Saddleridge Industrial
- Sage Hill
- Sandstone Valley
- Scarboro
- Scarboro/Sunalta West
- Scenic Acres
- Seton
- Shaganappi
- Shawnee Slopes
- Shawnessy
- Shepard Industrial
- Sherwood
- Signal Hill
- Silver Springs
- Silverado
- Skyline West
- Skyview Ranch
- Somerset
- South Airways
- South Calgary
- South Foothills
- Southview
- Southwood
- Springbank Hill
- Spruce Cliff
- St Andrews Heights
- Starfield
- Stonegate Landing.
- Stoney 1
- Stoney 2
- Stoney 3
- Stoney 4
- Strathcona Park
- Sunalta
- Sundance
- Sunnyside
- Sunridge
- Taradale
- Temple
- Thorncliffe
- Tuscany
- Tuxedo Park
- University District
- University Heights
- Upper Mount Royal
- Valley Ridge
- Valleyfield
- Varsity
- Vista Heights
- Walden
- West Hillhurst
- West Springs
- Westgate
- Westwinds
- Whitehorn
- Wildwood
- Willow Park
- Windsor Park
- Winston Heights/Mountview
- Wolf Willow
- Woodbine
- Woodlands
- Yorkville
Market Summary
Current real estate data for Multi Family in Calgary as of Dec 17, 2025
736
Multi Family Listed
3
Avg DOM
509
Avg $ / SqFt
$1,276,455
Avg List Price
Property Summary
- Located in the Forest Lawn subdivision, 2231 48 Street SE Calgary AB is a Multi Family for sale in Calgary, AB, T2B 1M3. It is listed for $709,000 To schedule a showing of MLS#a1108430 at 2231 48 Street SE in Calgary, AB, contact your Harry Z Levy | Real Broker agent at 403-681-5389.
Similar Listings Nearby

2231 48 Street SE
Calgary, AB
FULLY RENTED LEGAL 4-PLEX WITH LONG TERM TENANTS. Current monthly rent $5,100/month. Gross annual income: $61,200. Net annual income $47,500 (TBV) This multi family unit is located just off International Avenue (17th. Ave. S.E). Easy access to shopping, transit, parks, schools, etc. Features fully fenced property with 5 parking stalls at rear with lane access. Corner lot. Interior photos are Unit 2231(b) reno’d March 2021. 2231(a) was reno’d approximately 5 years ago. *2229 ( a & b) Need renovations but currently have long term (10 years) paying tenants.
Property Details
Price:
$685,000
MLS #:
A1124250
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
4 plex
Subdivision:
Forest Lawn
Listed Date:
Dec 16, 2025
Finished Sq Ft:
1,917
Lot Size:
7,685 sqft / 0.18 acres (approx)
Year Built:
1971
See this Listing
Schools
Interior
Appliances
Dishwasher, Dryer, Electric Range, Refrigerator, See Remarks, Washer
Basement
Full, Suite
Laundry Features
In Unit
Exterior
Lot Features
Back Lane, Corner Lot, Front Yard
Outbuildings
See Remarks, Shed
Parking Features
Stall, Parking Lot, See Remarks
Parking Total
5
Patio And Porch Features
Deck
Roof
Tar/Gravel
Financial
Map
Community
- Address2231 48 Street SE Calgary AB
- SubdivisionForest Lawn
- CityCalgary
- CountyCalgary
- Zip CodeT2B 1M3
Subdivisions in Calgary
- Abbeydale
- Acadia
- Albert Park/Radisson Heights
- Alpine Park
- Altadore
- Alyth/Bonnybrook
- Ambleridge
- Applewood Park
- Arbour Lake
- Aspen Woods
- Auburn Bay
- Banff Trail
- Bankview
- Beddington Heights
- Bel-Aire
- Belmont
- Beltline
- Belvedere
- Bonavista Downs
- Bowness
- Braeside
- Brentwood
- Bridgeland/Riverside
- Bridlewood
- Britannia
- Burns Industrial
- Cambrian Heights
- Canyon Meadows
- Capitol Hill
- Carrington
- Castleridge
- Cedarbrae
- Chaparral
- Charleswood
- Chinatown
- Chinook Park
- Christie Park
- Citadel
- Cityscape
- Cliff Bungalow
- Coach Hill
- Collingwood
- Copperfield
- Coral Springs
- Cornerstone
- Cougar Ridge
- Country Hills
- Country Hills Village
- Coventry Hills
- Cranston
- Crescent Heights
- Crestmont
- Currie Barracks
- Dalhousie
- Deer Ridge
- Deer Run
- Deerfoot Business Centre
- Diamond Cove
- Discovery Ridge
- Douglasdale/Glen
- Dover
- Downtown Commercial Core
- Downtown East Village
- Downtown West End
- Eagle Ridge
- East Fairview Industrial
- East Shepard Industrial
- Eastfield
- Eau Claire
- Edgemont
- Elbow Park
- Elboya
- Erin Woods
- Erlton
- Evanston
- Evergreen
- Fairview
- Fairview Industrial
- Falconridge
- Foothills
- Forest Heights
- Forest Lawn
- Forest Lawn Industrial
- Franklin
- Garrison Green
- Garrison Woods
- Glacier Ridge
- Glamorgan
- Glenbrook
- Glendale
- Golden Triangle
- Greenview
- Greenview Industrial Park
- Greenwood/Greenbriar
- Hamptons
- Harvest Hills
- Haskayne
- Hawkwood
- Haysboro
- Hidden Valley
- Highfield
- Highland Park
- Highwood
- Hillhurst
- Homestead
- Horizon
- Hotchkiss
- Hounsfield Heights/Briar Hill
- Huntington Hills
- Inglewood
- Kelvin Grove
- Keystone Hills
- Killarney/Glengarry
- Kincora
- Kingsland
- Lake Bonavista
- Lakeview
- Legacy
- Lewisburg
- Lincoln Park
- Livingston
- Lower Mount Royal
- MacEwan Glen
- Mahogany
- Manchester
- Manchester Industrial
- Maple Ridge
- Marlborough
- Marlborough Park
- Martindale
- Mayland
- Mayland Heights
- McCall
- McKenzie Lake
- McKenzie Towne
- Meadowlark Park
- Medicine Hill
- Meridian
- Midnapore
- Millrise
- Mission
- Monterey Park
- Montgomery
- Moraine
- Mount Pleasant
- New Brighton
- Nolan Hill
- North Airways
- North Glenmore Park
- North Haven
- North Haven Upper
- Oakridge
- Ogden
- Osprey Hill
- Palliser
- Panorama Hills
- Parkdale
- Parkhill
- Parkland
- Patterson
- Pegasus
- Penbrooke Meadows
- Pine Creek
- Pineridge
- Point McKay
- Pump Hill
- Queensland
- Ramsay
- Ranchlands
- Rangeview
- Red Carpet
- Redstone
- Renfrew
- Ricardo Ranch
- Richmond
- Rideau Park
- Riverbend
- Rocky Ridge
- Rosedale
- Rosemont
- Rosscarrock
- Royal Oak
- Royal Vista
- Rundle
- Rutland Park
- Saddle Ridge
- Saddleridge Industrial
- Sage Hill
- Sandstone Valley
- Scarboro
- Scarboro/Sunalta West
- Scenic Acres
- Seton
- Shaganappi
- Shawnee Slopes
- Shawnessy
- Shepard Industrial
- Sherwood
- Signal Hill
- Silver Springs
- Silverado
- Skyline West
- Skyview Ranch
- Somerset
- South Airways
- South Calgary
- South Foothills
- Southview
- Southwood
- Springbank Hill
- Spruce Cliff
- St Andrews Heights
- Starfield
- Stonegate Landing.
- Stoney 1
- Stoney 2
- Stoney 3
- Stoney 4
- Strathcona Park
- Sunalta
- Sundance
- Sunnyside
- Sunridge
- Taradale
- Temple
- Thorncliffe
- Tuscany
- Tuxedo Park
- University District
- University Heights
- Upper Mount Royal
- Valley Ridge
- Valleyfield
- Varsity
- Vista Heights
- Walden
- West Hillhurst
- West Springs
- Westgate
- Westwinds
- Whitehorn
- Wildwood
- Willow Park
- Windsor Park
- Winston Heights/Mountview
- Wolf Willow
- Woodbine
- Woodlands
- Yorkville
Market Summary
Current real estate data for Multi Family in Calgary as of Dec 17, 2025
736
Multi Family Listed
3
Avg DOM
509
Avg $ / SqFt
$1,276,455
Avg List Price
Property Summary
- Located in the Forest Lawn subdivision, 2231 48 Street SE Calgary AB is a Multi Family for sale in Calgary, AB, T2B 1M3. It is listed for $685,000 To schedule a showing of MLS#a1124250 at 2231 48 Street SE in Calgary, AB, contact your Harry Z Levy | Real Broker agent at 403-681-5389.
