CASH FLOWING Pair of 4-Plexes with UNDERVALUED RENTS and ENORMOUS UPSIDE POTENTIAL! Two side by side fourplexes situated just steps from Olds College, an active investment playing field. Each building offers four bi level two bedroom, one bathroom units with independent furnaces and hot water tanks, most of which have been updated within the past five years. This keeps utility costs efficient and places responsibility directly with each tenant. Olds is a small but steadily growing town, nearing 10,000 residents in 2024 with a 3.3% population increase year over year and 6.2% growth over five years. Demand for rentals is strong, with Olds College enrollment climbing more than 31% when combining domestic and international growth. The town’s vacancy rate is just 0.6%, which means consistent tenancy and premium potential with turnover. Each fourplex comes with four dedicated parking stalls and has maintained 100% occupancy for over 15 years. Current rents are below market, offering a rare value add play. Whether you preserve income with existing leases or refresh units to push rents higher, this is a cash cow that can scale. These properties are directly aligned with trending demographics. Olds is projected to keep growing by more than 9% every five years through 2041, and its location within the Calgary to Edmonton Corridor provides long term economic stability and future upside. Please contact directly to book your private viewing today.
Property Details
Price:
$650,000
MLS #:
A2251702
Status:
Pending
Baths:
0
Type:
Multi Family
Subtype:
4 plex
Listed Date:
Sep 11, 2025
Finished Sq Ft:
3,371
Year Built:
1975
See this Listing
Schools
Interior
Basement
Finished, Full, Suite
Exterior
Parking Features
Parking Lot, Stall
Parking Total
4
Patio And Porch Features
Balcony(s)
Roof
Flat
Financial
Map
Community
- Address4809 52 Street Olds AB
- CityOlds
- CountyMountain View County
- Zip CodeT4H 1G2
Market Summary
Current real estate data for Multi Family in Olds as of Oct 23, 2025
4
Multi Family Listed
42
Avg DOM
529
Avg $ / SqFt
$693,725
Avg List Price
Property Summary
- 4809 52 Street Olds AB is a Multi Family for sale in Olds, AB, T4H 1G2. It is listed for $650,000 To schedule a showing of MLS#a2251702 at 4809 52 Street in Olds, AB, contact your Walter Saccomani | Real Broker agent at 4039035395.
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4809 52 Street
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