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Calgary Multifamily Residential

Having between 2 to 4 units, residential multifamily properties are a worthwhile investment with numerous advantages. First, these properties are easier to maintain as they have fewer units, and therefore have smaller maintenance fees. Residential properties are also generally easier to acquire as the due diligence process is relatively simple and requires less formalized steps as compared to a commercial acquisition. Check out all the residential multifamily opportunities below and take advantage today.

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1-12/20

  • 214,216 99 Avenue SE, Calgary

    214,216 99 Avenue SE Willow Park Calgary T2J 0J1
    Main Photo: 214,216 99 Avenue SE, Calgary

    214,216 99 Avenue SE Calgary T2J 0J1 Willow Park

    $1,850,000
    Residential
    Status:
    Active
    MLS® Num:
    A2210839
    Bedrooms:
    8
    Bathrooms:
    8
    Floor Area:
    3,298 sq. ft.
    Rare Opportunity to Own a Full Side-by-Side Duplex in the Highly Desirable Willow Park Neighborhood Presenting an exceptional opportunity to acquire a BRAND NEW BUILT with LEGAL BASEMENT SUITES & Both have SEPARATE DOUBLE DETACHED GARAGE in one of Calgary's most sought-after inner-city communities. Perfect as a investment property or a multi-generational home, this property offers versatile living options. Live in one side and rent out the other, or lease both for maximum income potential. Nestled on a serene, tree-lined street and situated on a bright south-facing lot, this home is just a few blocks from all the amenities and quick access to downtown and all transportation routes. Each side of duplex features this stylish, contemporary home with an open concept floor plan is bathed in natural light highlighting the high-end finishes, gleaming floors and lavish designer style. The bright living room overlooks the street with a casually elegant vibe that invites you to sit back and relax. Culinary adventures are inspired in the chef’s dream kitchen featuring premium quartz countertops and stainless-steel appliances including an electric stove, a large island, a plethora of cabinets and overlooking the adjacent dining room. Off the rear entrance is a handy mudroom with built-ins to hide away bags, jackets and shoes. Ascend the beautiful staircase illuminated by elegant lighting to the upper floor. The primary bedroom is an opulent oasis with an expansive walk-in closet and a luxurious ensuite boasting the vanity, a deep soaker tub and an oversized shower. Both additional bedrooms on this level are generously sized and share the 4-piece main bathroom. An upper-level laundry room further adds to your convenience. Step down to the fully finished basement with a separate entrance. A 4th bedroom and another full bathroom with separate laundry finishes the basement. The cherry on top is the insulated and drywalled double detached garage, which safely keeps your vehicles out of the elements. An electric car charger point can be added to the garage. This exceptional home is in a phenomenal inner-city location, perfect for your active lifestyle, walk to transit, schools, parks and recreation. Don't wait and call your favorite realtor to schedule a private viewing. More details
    Listed by RE/MAX iRealty Innovations
    LISTING DETAILS

  • 509 & 511 13 Avenue NE, Calgary

    509 & 511 13 Avenue NE Renfrew Calgary T2E 1C5
    Main Photo: 509 & 511 13 Avenue NE, Calgary

    509 & 511 13 Avenue NE Calgary T2E 1C5 Renfrew

    $1,199,000
    Residential
    Status:
    Active
    MLS® Num:
    A2208196
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    2,162 sq. ft.
    Exceptional Investment Opportunity in Renfrew –FULL Duplex (BOTH SIDES!) on One Title with Endless Potential. Here’s your chance to secure a fully equipped side-by-side FULL duplex (#509 and #511! ) on one title, ideally situated on a generous 50' x 120' lot in the sought-after inner-city community of Renfrew. Whether you're a savvy investor looking for strong, immediate cash flow, or a developer exploring redevelopment options, this property checks all the boxes. Each main unit offers 1,081 sqft above grade and features 3 bedrooms (2 up + 1 den/bedroom), updated flooring, bright and spacious living areas with large windows and cozy fireplaces, and functional kitchens designed for everyday comfort. The basement units are 964 sf and have 2 bedrooms, 1 bathroom, living room + kitchen +laundry + den (storage) or it can also be a bedroom if necessary. Private separate basement entrances open the door to converting this property into four self-contained income-generating suites, dramatically increasing your rental potential. Outside, enjoy the convenience of a double detached garage plus an extended parking pad, offering ample space for tenants. Bonus: Both units 509 and 511 are occupied by long-term tenants (11 and 9 years), who would love to stay—providing you with turnkey rental income of $2,800/month and $2,600/month, respectively. Situated just steps from two parks and minutes from Bridgeland’s vibrant shops and restaurants, top-rated schools, public transit, major roadways, downtown Calgary, the Calgary Zoo, and TELUS Spark—this location is truly unbeatable for both renters and future redevelopment. Whether you hold, renovate, or rebuild, this property is a smart investment in a high-demand location. Opportunities like this are rare—act fast! More details
    Listed by CIR Realty and Tink
    LISTING DETAILS

  • 509 & 511 34 Avenue NE, Calgary

    509 & 511 34 Avenue NE Winston Heights/Mountview Calgary T2E 2K1
    Main Photo: 509 & 511 34 Avenue NE, Calgary

    509 & 511 34 Avenue NE Calgary T2E 2K1 Winston Heights/Mountview

    $1,500,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2207150
    Floor Area:
    1,792 sq. ft.
    GORGEOUSLY RENOVATED FULL DUPLEX WITH LEGAL BASEMENT SUITES! Savvy investors, both sides of this modern and sophisticated duplex are being sold together with 4 rental opportunities in one making your job as a landlord that much easier! Phenomenally located on a quiet cul-de-sac in a prime inner-city community within walking distance to schools, the golf course, numerous parks, transit and the abundance of amenities along Edmonton Trail. Each unit has their own private entrances, laundry, furnaces and outdoor spaces. All are beautifully designed with luxury plank flooring throughout, no carpet! The spacious main level units are both 2 bedrooms and 1 bathroom with designer details, quartz countertops and tons of natural light. 509’s legal basement suite is a 1 bedroom, 2 bathroom unit with the same stylish design as the rest of the home including a large kitchen and family room with lots of natural light and extra pot lights to illuminate the evenings. 511’s legal basement suite is a 2 bedroom, 1 bathroom with all the same modern stylings as the other side. Recent upgrades also include new HVAC, plumbing, and electrical systems. Both front and back yards provide ample outdoor space while a large parking pad and an oversized double car garage (one side separated into a workshop) ensure plenty of parking for at least 6 vehicles. This exceptional home easily appeals to potential tenants with its incredibly located close to the Mountain View Community Centre, Winston Golf Course, the ice rink, several schools, numerous parks and the extensive pathway system that winds its way around this serene yet urban community. Within a 10 minute radius from Calgary’s premier attractions, downtown, top educational institutions and more. You simply won’t find a more versatile community! More details
    Listed by First Place Realty
    LISTING DETAILS

  • 2316 16 Street SW, Calgary

    2316 16 Street SW Bankview Calgary T2T 4E7
    Main Photo: 2316 16 Street SW, Calgary

    2316 16 Street SW Calgary T2T 4E7 Bankview

    $1,239,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2206809
    Floor Area:
    1,177 sq. ft.
    Why settle for a house or duplex when you can own a high-income fourplex for the same price? This fully upgraded, centrally located Bankview property offers unbeatable rental appeal—just steps from downtown, transit, parks, and vibrant 17th Avenue. Overlooking the scenic Bankview Community Garden, it provides a serene setting for tenants. Renovated in 2016, it features energy-efficient windows, a new roof, modern appliances, and a state-of-the-art glycol heating system that cuts heating costs by 60%. The four spacious 1-bedroom units (2,343 square feet total) each have in-suite laundry, storage, and private entrances, while the lower units enjoy walk-out access. A 148-square-foot utility room adds extra functionality, and ample parking ensures convenience. With market rents generating $72,000 annually ($1,600 upper, $1,400 lower) and room for future increases, this property delivers immediate positive cash flow and strong long-term appreciation. Let tenants pay your mortgage while you build wealth and secure your future. The savvy investor can achieve semi or even full retirement upon purchase. Opportunities like this are rare—act now! More details
    Listed by Datong Property Management Ltd.
    LISTING DETAILS

  • 5624 & 5626 8 Avenue SE, Calgary

    5624 & 5626 8 Avenue SE Penbrooke Meadows Calgary T2A 3P7
    Main Photo: 5624 & 5626 8 Avenue SE, Calgary

    5624 & 5626 8 Avenue SE Calgary T2A 3P7 Penbrooke Meadows

    $899,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2205933
    Floor Area:
    1,899 sq. ft.
    4PLEX ON 8 AVE SE WITH EASY ACCESS TO TRANSIT (PERFECT INVESTMENT OPPORTUNITY) - OFFERING 3450+ SQFT LIVING SPACE WITH A TOTAL OF 8 BEDROOMS, 4 FULL BATHS AND TONS OF PARKING IN THE REAR - **BASEMENT ON EACH SIDE FEATURES A LEGAL SUITE** EACH UNIT IS SPACIOUS AND FUNCTIONAL; featuring 2 bedrooms, FULL bath, kitchen, living area and SEPARATE LAUNDRIES! Flooring updated for 3 units and new furnace on one side. Kitchens in 2 units were fully renovated as well Bathrooms were upgraded for 3 units two years back. New hot water tank on one side. The upper units also feature an additional dining space. ***ALL UNITS ARE CURRENTLY RENTED OUT - TENANTS PAY THEIR OWN UTILITIES (ADDED CONVENIENCE FOR THE OWNER) - Some of the units also feature new paint and updated flooring. Above grade sizes for 5624 is 956.76 SQFT and 5626 is 942.55 SQFT. More details
    Listed by Real Broker
    LISTING DETAILS

  • 118 & 120 30 Avenue NW, Calgary

    118 & 120 30 Avenue NW Tuxedo Park Calgary T2M 2M9
    Main Photo: 118 & 120 30 Avenue NW, Calgary

    118 & 120 30 Avenue NW Calgary T2M 2M9 Tuxedo Park

    $1,050,000
    Residential
    Status:
    Active
    MLS® Num:
    A2206367
    Bedrooms:
    6
    Bathrooms:
    2
    Floor Area:
    2,058 sq. ft.
    Opportunity knocks: double the doors - double the returns! This side-by-side duplex is your ticket to cash flow income, long-term wealth and provides endless potential. An amazing chance to turn this property into 4 fully contained, rental assets in a matter of months. The interior has been meticulously maintained over the years and provides a great starting palette. Enjoy the original hardwood flooring, inviting living area with large windows + functional kitchen. These mirrored floor plans boast 1,029 sqft, 3 bedrooms + 1 bathroom upstairs on each side and a complete open concept layout in the basement. With private entrances to each lower level, this has huge possibilities written all over it. The recently replaced furnaces and hot water tanks on both sides add to the appeal. Don't miss the double garage + extended parking pad in the back, providing adequate space for all future residents. Situated on a full 50 X 120 foot lot, this is not only an intelligent rental investment but a smart land acquisition. You know enough to buy real estate based on location: here you are a block from Tuxedo Park, walkable to bus stops, close to all daily amenities and 10 minutes into the downtown core. Contact your favourite Agent to obtain all details pertaining to the renderings, plans and financial projections. Brand new RPR on order. Act quick on this one, quality duplex properties rarely make it to market. Click to watch the interactive feature video on YouTube! More details
    Listed by CIR Realty
    LISTING DETAILS

  • 1520 34 Avenue SW, Calgary

    1520 34 Avenue SW South Calgary Calgary T2T 2A9
    Main Photo: 1520 34 Avenue SW, Calgary

    1520 34 Avenue SW Calgary T2T 2A9 South Calgary

    $1,199,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2204641
    Floor Area:
    1,979 sq. ft.
    A fantastic opportunity to own an investment property in trendy Marda Loop with long-term tenants! This well-maintained gravel roofed building (~3830 square feet total) boasts 4 identical and spacious (~950 square feet) 2-bedroom units, each with its own private entrance, full bathroom, brick faced wood burning fireplace, convenient in-suite laundry, storage, dedicated furnace and hot water tank, as well as paved and assigned off-street parking at the rear. The lower units are both walkouts providing plenty of natural south light, while the upper units have expansive balconies all shielded from the street by mature trees. Location is everything. Residents here enjoy being steps away from trendy boutiques, independent shops, bars, unique cafés and incredible restaurants. Grocery shopping and errands couldn't be easier with Safeway, Calgary Co-op, and several farmer's markets nearby. The area is equally rich in top-rated schools, parks and recreational spaces and is a short commute to downtown. All units are currently rented and the property generates an impressive ~$75,000 of income per year. Tenants pay their own utilities with each unit having its own meters. This MC-1 zoned 75’ x 80’ lot has options both now and in the future. More details
    Listed by Greater Property Group
    LISTING DETAILS

  • 423 10 Avenue NE, Calgary

    423 10 Avenue NE Renfrew Calgary T2E 0X5
    Main Photo: 423 10 Avenue NE, Calgary

    423 10 Avenue NE Calgary T2E 0X5 Renfrew

    $1,599,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2204533
    Floor Area:
    2,221 sq. ft.
    Fantastic LEGAL 4 plex! All units are completely self contained townhomes. Well maintained and in great conditions. Long term tenants. 8 year old roof, Shows very well. Great location close to downtown and many amenities. made up of 1 - 3 bedroom unit and 3 - 2 bedroom units. All are units are 1,047 sqft all with their own laundry facilities. More details
    Listed by The Real Estate District
    LISTING DETAILS

  • 7446 & 7448 24 Street SE, Calgary

    7446 & 7448 24 Street SE Ogden Calgary T2C 0Y6
    Main Photo: 7446 & 7448 24 Street SE, Calgary

    7446 & 7448 24 Street SE Calgary T2C 0Y6 Ogden

    $999,000
    Residential
    Status:
    Active
    MLS® Num:
    A2201418
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    2,280 sq. ft.
    Excellent Investment Opportunity! Situated in the desirable community of Ogden, a central community in the city of Calgary, this well maintained up-down legal 4-plex boasts 2 upper units with 3 bedrooms, kitchen, dining room, living room, 4-piece main bathroom, balcony, and in suite laundry facility in each of the units; and 2 lower units with 2 bedrooms, kitchen, dining room, living room, 4-piece main bathroom, and in suite laundry facility in each of the units. The yard is treed, fenced, and landscaped with a double detached garage and 2 garden sheds. There are no leases in place and all units are rented month-to-month. More details
    Listed by CIR Realty
    LISTING DETAILS

  • 11424 Elbow Drive SW, Calgary

    11424 Elbow Drive SW Southwood Calgary T2W 2E6
    Main Photo: 11424 Elbow Drive SW, Calgary

    11424 Elbow Drive SW Calgary T2W 2E6 Southwood

    $1,089,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2200981
    Floor Area:
    2,160 sq. ft.
    Introducing a remarkable investment opportunity to own legal 4plex in the highly desirable and well established Southwood neighborhood. Located on NW corner of Sacramento Drive and Elbow Drive SW, this property is just minutes from Anderson Drive and public transit stops on Elbow Drive, ensuring convenience for tenants. Walking distance to Anderson C-Train station, making this location ideal for commuters and enhancing its appeal to prospective renters. This 4 plex features leased 3 bedrooms suites , each offering spacious layouts that's attracts long term tenants. The property has five designated parking stalls at the rear. Top units have a large balconies, lower units features a large patio. Each unit is individually metered, meaning that tenants are responsible for their own utilities, which reduces operating costs and simplifies maintenance for the owner. Newer torch on roof, gutters, 2 newer furnaces. This property offers a rare combination of location , functionality, and profitability. Don't miss your chance to secure a stable income producing asset. More details
    Listed by CIR Realty
    LISTING DETAILS

  • 2217, 2219 48 Street SE, Calgary

    2217, 2219 48 Street SE Forest Lawn Calgary T2B 1M3
    Main Photo: 2217, 2219 48 Street SE, Calgary

    2217, 2219 48 Street SE Calgary T2B 1M3 Forest Lawn

    $1,080,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2201193
    Floor Area:
    1,993 sq. ft.
    Investors Alert! Legal 4 plex for sale. Great location right off of 17 ave SE, yet a quiet area. One side of the duplex 2217 is Brand new and Rebuilt. New Floors,Kitchen,Drywall,Bathrooms, Tiles, furnaces and more. 2219 duplex is currently being rented on a month to Month bases but have been there for years. Each sides offers a spacious living room, with a good size dinning room with patio doors headed out to the balcony. Big windows offers abundance of Natural light through the home .Kitchen are well sized for the each units . Both side offers two 4pcs bathroom, One for upper Unit and one for basement unit. Parking can be found in the back of the house, Nice big flat lot, Currently zone MC-1. Close to Transit, Schools, shopping,personal services and many restaurants, All minutes away. Make this property apart of Your Real estate profile today. Live in and rent the others or Rent all 4 Units. Have a peace of mind that your Cash flow is legit and no one can report you! Buy this Legal 4plex today! More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS

  • 73 & 75 Dalton Bay NW, Calgary

    73 & 75 Dalton Bay NW Dalhousie Calgary T3A 1H7
    Main Photo: 73 & 75 Dalton Bay NW, Calgary

    73 & 75 Dalton Bay NW Calgary T3A 1H7 Dalhousie

    $1,200,000
    Residential
    Status:
    Active
    MLS® Num:
    A2200189
    Bedrooms:
    8
    Bathrooms:
    4
    Floor Area:
    1,898 sq. ft.
    Don’t miss this RARE opportunity to own this FULL DUPLEX featuring FOUR separate suites! Ideally located just 5 minutes from the university! This unique find is perfect for investors or those looking to generate rental income. Each unit offers modern, spacious living areas with cozy bedrooms and well-designed layouts that ensure comfort and privacy. The duplex is designed for maximum rental potential, with separate entrances providing tenants with convenience and autonomy. This location is unbeatable for university students, faculty, or staff looking for close proximity to campus, as well as easy access to local shops, restaurants, and public transit. Whether you are looking for a high-yield rental property, a multi-generational living arrangement, or a combination of both, this property offers incredible flexibility. The large lot also provides plenty of outdoor space for tenants to enjoy, and the well-maintained building means minimal upkeep. This is a prime opportunity to secure a rare and highly profitable investment in a sought-after area. Opportunities like this don’t come often – act fast!!! More details
    Listed by eXp Realty
    LISTING DETAILS
1-12/20
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Data was last updated April 15, 2025 at 02:05 PM (UTC)
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.

There are countless great multifamily properties posted above. Each with varying sizes, number of units, and unique characteristics creating a wide selection of investment opportunities. While the acquisition process for residential multifamily properties may be simpler, there are still quite a few factors to consider in the investment process. Please don’t hesitate to contact us today for advice or more information on listings that caught your eye.

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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.