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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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  • 2658 11 Avenue SE, Calgary

    2658 11 Avenue SE Albert Park/Radisson Heights Calgary T2A 0E3
    Main Photo: 2658 11 Avenue SE, Calgary

    2658 11 Avenue SE Calgary T2A 0E3 Albert Park/Radisson Heights

    $975,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2352774
    Floor Area:
    1,932 sq. ft.
    INVESTMENT ALERT! THREE LEGAL RENTAL SUITES, UPDATED SIDE-BY-SIDE DUPLEX! CORNER REDEVELOPMENT LOT! Over 3600 sqft of developed space with 8 bedrooms and 2 Dens! Whether you’re looking for a mortgage helper or an income-generating investment property, this unique property in Albert Park offers an excellent combination of rental income potential, extensive recent upgrades, and future redevelopment potential. Situated on an impressive 50’ x 120’ corner lot on a desirable street, the property features a double detached garage, separate basement entrances, and three legal living spaces. One side offers a full bi-level home, ideal for an owner-occupant looking to offset their mortgage with rental income, while the other features an upper-level residence and a legal basement suite, providing multiple income opportunities. The property has undergone over $100,000 in recent renovations and improvements, offering added value and peace of mind for the next owner. The interiors feature modern, refreshed living spaces with contemporary finishes throughout all three units. Updates include modern wide-plank luxury vinyl flooring, fresh paint, updated lighting and window coverings, two new high-efficiency furnaces, two new hot water tanks, numerous replacement windows, and added attic insulation. Numerous additional interior improvements further enhance the overall appeal. Numerous exterior improvements have also been completed, enhance the property’s curb appeal and functionality. Conveniently located with quick access to downtown, major roadways, transit, and everyday amenities, this is an excellent opportunity for investors seeking rental income, homeowners looking for a mortgage helper, or buyers exploring the long-term potential of a large corner lot in an established inner-city community. With three legal rental suites, modern updated interiors, substantial recent upgrades, and future redevelopment potential, this property offers exceptional versatility for both investors and owner occupants alike! More details
    Listed by The Real Estate District
    LISTING DETAILS

  • 1612 24 Avenue NW, Calgary

    1612 24 Avenue NW Capitol Hill Calgary T2M 1Y6
    Main Photo: 1612 24 Avenue NW, Calgary

    1612 24 Avenue NW Calgary T2M 1Y6 Capitol Hill

    $1,400,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2352377
    Floor Area:
    4,000 sq. ft.
    With four legal units already in place, substantial land, excellent condition and a prime location, this is a compelling opportunity to add four doors to your portfolio in one strategic purchase. A carefully maintained and exceptionally well-kept fourplex on an impressive 7,787 sq.ft. lot in one of Calgary’s most connected inner-city communities. Enjoy easy access to Confederation Park and Golf Course, Capitol Hill School, SAIT, the University of Calgary, North Hill Centre, Lions Park LRT, Foothills Medical Centre and Downtown Calgary. The property features four legal up-and-down suites and has been thoughtfully cared for over the years. Three suites are currently rented while the fourth is owner-occupied, creating additional rental upside. More details
    Listed by Real Broker
    LISTING DETAILS

  • 2826 43 Street SW, Calgary

    2826 43 Street SW Glenbrook Calgary T3E 3N7
    Main Photo: 2826 43 Street SW, Calgary

    2826 43 Street SW Calgary T3E 3N7 Glenbrook

    $1,249,900
    Residential
    Status:
    Active
    MLS® Num:
    A2352068
    Bedrooms:
    8
    Bathrooms:
    4
    Floor Area:
    1,796 sq. ft.
    Welcome to 2826 43 Street SW. This full side-by-side duplex offers four self-contained living spaces, making it an ideal opportunity for investors or owner-occupants looking to maximize rental income. Each side features 900 sq. ft. above grade, with 2 bedrooms, 1 full bathroom, and hardwood or LVP flooring throughout the upper level. Renovations to the upper units include stainless appliances (including dishwashers), tile, counters, and paint. The fully developed legal basement suites, built in 2020, each offer an additional 2 bedrooms and 1 full bathroom.  All units have full laundry rooms. Building improvements include new legal egress basement windows and weeping tile for added drainage protection. Additional updates include a roof approximately 6 years old, new fencing and sidewalks. Enjoy fenced backyards and two-car off-street parking. Situated on a quiet street in the desirable community of Glenbrook, this property offers an excellent opportunity to generate rental income from four separate living spaces or live in one unit while renting the others.  All tenants are interested in staying and several have been there for 4-6 years. More details
    Listed by RE/MAX First
    LISTING DETAILS

  • 1&2 922 17 Avenue NW, Calgary

    1&2 922 17 Avenue NW Mount Pleasant Calgary T2M 0P2
    Main Photo: 1&2 922 17 Avenue NW, Calgary

    1&2 922 17 Avenue NW Calgary T2M 0P2 Mount Pleasant

    $1,478,880
    Residential
    Status:
    Active
    MLS® Num:
    A2352351
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,406 sq. ft.
    Exceptional Investment Opportunity in the Heart of Mount Pleasant! This brand new front and back duplex offers four fully self contained legal dwelling units, making it an ideal addition to any real estate portfolio or a perfect opportunity for owner occupants seeking mortgage helping rental income. Each upper residence features a thoughtfully designed floor plan with 3 spacious bedrooms, 2 full bathrooms, convenient upper-floor laundry, and a bright, open-concept main level complete with a welcoming living room, dining area, modern kitchen, and a 2-piece powder room. The legal basement suites offer 1 bedroom, 1 full bathroom, separate laundry, and private entrances, providing comfortable and desirable rental accommodations. Built with quality craftsmanship and contemporary finishes throughout, this property also includes a double detached garage and low-maintenance landscaping. Situated in the highly sought-after community of Mount Pleasant, residents will enjoy easy access to SAIT, downtown Calgary, Confederation Park, schools, transit, and an abundance of popular restaurants, cafés, shopping, and everyday amenities. With strong rental demand, excellent cash-flow potential, and a prime inner-city location, this is a rare turnkey investment opportunity you won't want to miss. (PLEASE NOTE: PHOTOS ARE FROM A DIFFERENT PROJECT BY THE SAME BUILDER) More details
    Listed by Royal LePage METRO
    LISTING DETAILS

  • 3222/3224 14 Street NW, Calgary

    3222/3224 14 Street NW Rosemont Calgary T2K 1H8
    Main Photo: 3222/3224 14 Street NW, Calgary

    3222/3224 14 Street NW Calgary T2K 1H8 Rosemont

    $1,250,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2352028
    Floor Area:
    1,806 sq. ft.
    An exceptional turnkey investment opportunity generating over $95K gross income with a 5.4% cap rate in the highly sought-after community of Rosemont. This fully renovated fourplex offers four self contained units, each featuring two spacious bedrooms, a full bathroom, separate laundry, and modern finishes (including new windows) completed in 2022. With fully legal basement suites and low-maintenance interiors, this property is designed to maximize cash flow while minimizing ongoing upkeep. Ideally situated with easy access to downtown Calgary, SAIT, and the University of Calgary, the location consistently attracts a strong tenant pool, helping to ensure stable occupancy year after year. Residents will appreciate the unique setting backing onto green space and fronting directly onto Confederation Park Golf Course, providing attractive views and a desirable lifestyle rarely found in income properties. Currently generating $7,950 per month in rental income and offering an approximate 5.4% cap rate, this is a compelling opportunity for investors seeking a well-positioned asset with strong income potential in one of Calgary’s most established and desirable inner-city communities. More details
    Listed by Real Broker
    LISTING DETAILS

  • 30 / 32 Dalton Bay NW, Calgary

    30 / 32 Dalton Bay NW Dalhousie Calgary T3A 1H8
    Main Photo: 30 / 32 Dalton Bay NW, Calgary

    30 / 32 Dalton Bay NW Calgary T3A 1H8 Dalhousie

    $1,399,900
    Residential
    Status:
    Active
    MLS® Num:
    A2349383
    Bedrooms:
    10
    Bathrooms:
    4
    Floor Area:
    1,899 sq. ft.
    WELCOME to this FULL DUPLEX with 4 EXTENSIVELY RENOVATED LEGAL SUITES in the established community of Dalhousie. Offering 10 BEDROOMS, 4 BATHROOMS, TWO LEGAL SUITES and a TRIPLE DETACHED GARAGE, this property delivers exceptional flexibility and strong potential for investors seeking a substantial income-producing asset. Recent upgrades include NEW WINDOWS, RENOVATED BALCONIES and a NEW GARAGE ROOF. Each unit features a bright OPEN FLOOR PLAN with a spacious living area, an updated kitchen with NEW CABINETRY AND APPLIANCES, three main-level bedrooms and a full bathroom, plus SEPARATE LAUNDRY. The finished legal basements add even more value with a SECOND KITCHEN, two additional bedrooms, a full bathroom and a recreation area on each side, along with their own laundry for the lower living spaces. The thoughtful layout offers excellent versatility for tenants and extended family. The private fenced yard with mature trees and the renovated balconies provide desirable outdoor space, while the extensive parking, including the rare TRIPLE DETACHED GARAGE, adds lasting rental appeal. Located close to schools, shopping and everyday amenities, this is a turnkey opportunity in a well-established Calgary community. With EXTENSIVELY RENOVATED units, FOUR LEGAL SUITES, separate laundry, a significant bedroom count and exceptional parking, this is the kind of asset investors will want on their radar. Whether you’re building a rental portfolio or looking for a versatile long-term hold, this property offers an outstanding combination of income potential, functionality and future opportunity. More details
    Listed by PropZap Realty
    LISTING DETAILS

  • 907 / 909 16 Street NE, Calgary

    907 / 909 16 Street NE Mayland Heights Calgary T2E 4S7
    Main Photo: 907 / 909 16 Street NE, Calgary

    907 / 909 16 Street NE Calgary T2E 4S7 Mayland Heights

    $1,299,900
    Residential
    Status:
    Active
    MLS® Num:
    A2349359
    Bedrooms:
    10
    Bathrooms:
    4
    Floor Area:
    1,896 sq. ft.
    Rare opportunity to acquire a EXTENSIVELY RENOVATED DUPLEX with LEGAL SUITES on a large lot in the established inner-city community of Mayland Heights. This property offers flexibility for investors looking to reposition, hold, rent, or explore future redevelopment potential, subject to municipal approvals. The property features four SEPERATE living units, each with its SEPERATE entrance, brand new kitchens, floorings and bathrooms, new windows, as well as separate laundry areas for each individual unit. Each side features an upper unit with 3 bedrooms and 1 full bathroom, along with a lower 2 bedroom and 1 bathroom legal suite. The FULLY FINISHED LEGAL BASEMENT SUITES provide substantial additional living space, kitchens, 2 bedrooms and full bathrooms. With 10 BEDROOMS and 4 BATHROOMS across the property, there is excellent flexibility for a variety of investment strategies. The property also offers an OVERSIZED DOUBLE DETACHED GARAGE, additional parking and a fenced private yard. Located in Mayland Heights with convenient access to parks, schools, shopping, transportation routes and downtown Calgary, this is an exceptional opportunity to secure a versatile inner-city asset with both immediate usability and future upside. EXTENSIVELY RENOVATED, LEGAL SUITES, AND READY FOR ITS NEXT INVESTMENT STRATEGY. Properties combining this level of renovation, lot potential and redevelopment flexibility are rarely available. More details
    Listed by PropZap Realty
    LISTING DETAILS

  • 948 31 Avenue NW, Calgary

    948 31 Avenue NW Cambrian Heights Calgary T2K 0A5
    Main Photo: 948 31 Avenue NW, Calgary

    948 31 Avenue NW Calgary T2K 0A5 Cambrian Heights

    $1,250,000
    Residential
    Status:
    Active
    MLS® Num:
    A2351440
    Bedrooms:
    7
    Bathrooms:
    4
    Floor Area:
    1,898 sq. ft.
    Capitalize on a turnkey, revenue-generating INCREDIBLE investment property. This full duplex features 4 fully legal suites that currently collectively generate over $8,000 / month in gross rental income, backed by an exceptional tenant profile & strong leases. Within the last 5 years, the property has undergone nearly $200,000 in comprehensive capital renovations. Major upgrades include two high-end basement legalizations (to make legal suites), updated mechanical systems (3 furnaces & water heater), a newer roof, energy-efficient windows, fresh exterior aesthetics, and optimized outdoor amenities featuring private fenced yards and graded four-car parking. Spanning over 3,300 sq ft across 7 bedrooms and 4 bathrooms, the complex already has excellent tenants in place. Its positioning just one block from Confederation Park & minutes from downtown ensures perpetual high demand and minimal vacancy. With all major heavy lifting completed, this self-managed asset presents a seamless, high-yield expansion opportunity for any real estate portfolio. More details
    Listed by Royal LePage Benchmark
    LISTING DETAILS

  • 724 1 Avenue NW, Calgary

    724 1 Avenue NW Sunnyside Calgary T2N 0A1
    Main Photo: 724 1 Avenue NW, Calgary

    724 1 Avenue NW Calgary T2N 0A1 Sunnyside

    $2,835,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2351240
    Floor Area:
    5,581 sq. ft.
    Stunning 3-Storey 6-Plex in the Heart of Sunnyside! This thoughtfully designed property offers exceptional functionality, modern living, and an unbeatable inner-city location. The main floor welcomes you with a spacious foyer featuring closet storage and a convenient 2-piece bathroom. The bright, open-concept layout seamlessly connects the living room, dining area, and modern kitchen, creating an ideal space for both everyday living and entertaining. The second level features two well-appointed bedrooms, each with its own ensuite bathroom, along with a dedicated laundry/mechanical room and linen closet. The larger bedroom offers a walk-in closet and 3-piece ensuite, while the second bedroom includes a generous closet and 4-piece ensuite. The third level is highlighted by a spacious primary bedroom complete with a walk-in closet, 3-piece ensuite, and access to an impressive private balcony spanning over 15 feet, offering an exceptional outdoor retreat. The finished basement suites provide additional living space with a bedroom, full bathroom, Kitchen, separate laundry and mechanical room. Ideally located in sought-after Sunnyside, just steps from the Bow River pathways, Peace Bridge, Prince’s Island Park, schools, shopping, restaurants, and a wide range of amenities. Enjoy the best of inner-city living with easy access to downtown and everything Calgary has to offer. More details
    Listed by Royal LePage METRO
    LISTING DETAILS

  • 2404 & 2406 Richmond Road SW, Calgary

    2404 & 2406 Richmond Road SW Richmond Calgary T2T 5E4
    Main Photo: 2404 & 2406 Richmond Road SW, Calgary

    2404 & 2406 Richmond Road SW Calgary T2T 5E4 Richmond

    $919,900
    Residential
    Status:
    Active
    MLS® Num:
    A2351303
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,705 sq. ft.
    2404 & 2406 Richmond Road SW. Excellent side-by-side, full-duplex in a premium Calgary neighborhood. Situated on a large 586 square meter R-CG zoned corner lot (H-GO optional)! Due to its unique lot shape, location, and laneway corner, this lot has superb redevelopment potential. Already in an approved LAP (local area plan), this option for H-GO zoning allows for greater build height, density, and stacked developments. With 90' of frontage, plus the laneway corner aspect, entrances & parking features can be placed in many more formats than on a traditional lot. Both sides of the duplex mirror each other, featuring numerous updates throughout including mechanical systems, roofing, stainless steel appliances, quartz countertops, cabinetry, & other finishes. 2 bedrooms up on each side, with developed basements & large mechanical/storage areas. Both units feature fully fenced & private yards with sunny South exposure. The pride of ownership is evident throughout, highlighted by the proven income history of these two properties. Completely turn-key and ready for the next owner. Offering not only excellent revenue potential but also an attractive opportunity for owner-occupied mortgage help. Located in a prime location encompassing all the inner city has to offer including multiple schools nearby, shopping, trendy nightlife and restaurants, and easy access to major amenities like MRU, U of C, SAIT, Foothills Hospital, Chinook Mall, & more! Rarely do properties like this come for sale. 4 total parking spaces with 2 parking pads behind the units & 2 more on the laneway side of the property. More details
    Listed by REMAX Innovations
    LISTING DETAILS

  • 419 Huntsville Crescent NW, Calgary

    419 Huntsville Crescent NW Huntington Hills Calgary T2K 4W3
    Main Photo: 419 Huntsville Crescent NW, Calgary

    419 Huntsville Crescent NW Calgary T2K 4W3 Huntington Hills

    $1,174,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2351034
    Floor Area:
    3,846 sq. ft.
    **INVESTOR ALERT!** An exceptional opportunity to own a **fully rented 4-unit income property with additional garage revenue** at **419 Huntsville Crescent NW**. Offering approximately **3,845 SQ FT of total developed living space**, this property features **2 main-floor units, 2 basement units, plus a double detached garage rented separately**, creating multiple income streams from one outstanding investment. 8600 SQFT LOT SIZE!! The **two main-floor units are 938 SQ FT each** and offer functional, spacious layouts designed for comfortable everyday living. Each unit features **3 bedrooms**, including a generous primary bedroom, a full bathroom, private laundry/mechanical area, kitchen, dining room, spacious living room and its own **private deck**. The well-planned layouts maximize usable living space while providing each tenant with a completely self-contained residence. The **two basement units are 889 SQ FT each** and provide equally impressive layouts. Each basement unit features **3 bedrooms**, a full bathroom, kitchen, dining area, spacious living room and its own dedicated laundry/mechanical area. With a total of **12 bedrooms across the four residential units**, this property offers excellent rental flexibility and strong income-producing potential. Best of all, the property is currently **FULLY RENTED and generating income from day one!** The **2 main-floor units rent for $1,600/month each**, producing **$3,200/month**. The **2 basement units rent for $1,500/month each**, producing another **$3,000/month**. The **double detached garage is separately rented for $350/month**, adding another valuable income stream. Combined, the property currently generates **$6,550 in gross monthly rental income or $78,600 in gross annual rental income**. Annual property taxes are approximately **$6,649.90**. Another major advantage for investors is the utility setup. **ALL 4 RESIDENTIAL UNITS HAVE SEPARATE UTILITY METERS, AND TENANTS PAY THEIR OWN UTILITIES**, helping reduce the owner's ongoing operating expenses and making the property easier to manage. The separately rented **double detached garage generates an additional $4,200 annually**, maximizing the property's income potential beyond the four residential units. With **4 self-contained residences, 12 total bedrooms, separate laundry facilities, separate utility meters, tenant-paid utilities, additional garage income and established tenants already in place**, this property has all the ingredients of a strong investment opportunity. Whether you're expanding an existing real estate portfolio or searching for a multi-unit property with multiple established revenue streams, **419 Huntsville Crescent NW offers an attractive combination of consistent income, functionality and long-term investment potential.** A rare **TURNKEY INVESTMENT OPPORTUNITY** generating **$78,600 in current gross annual rental income!** More details
    Listed by Real Broker
    LISTING DETAILS

  • 3102 38 Street SW, Calgary

    3102 38 Street SW Glenbrook Calgary T3E 0T2
    OPEN HOUSE: Oct 17, 2026
    01:00 PM - 04:00 PM MDT
    Open House on Saturday, October 17, 2026 1:00PM - 4:00PM
    Main Photo: 3102 38 Street SW, Calgary

    3102 38 Street SW Calgary T3E 0T2 Glenbrook

    $1,050,000
    Residential
    Status:
    Active
    MLS® Num:
    A2351118
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    1,792 sq. ft.
    Exceptional flexibility and privacy await at 3102 38 Street SW in established Glenbrook. Set on an approximately 6,000 sq. ft. corner lot, this full bi-level duplex offers five bedrooms, three full bathrooms, one half bathroom, and a triple-car garage. With a combined 1,792.14 sq. ft. above grade plus additional basement space, it presents an appealing opportunity for investors, multigenerational families, or buyers looking to live in one residence and rent the other. One residence faces the street and the other faces the avenue, creating distinct frontages, separate entrances, and added privacy. Each home features its own kitchen, living and dining areas, and laundry facilities, providing independence for two households. The larger residence includes two main-floor bedrooms and a full bathroom, with a third bedroom, another full bathroom, and recreation space downstairs. The second offers one main-floor bedroom and a full bathroom, plus a second bedroom, half bathroom, and versatile flex room below. The bi-level design features basement ceilings higher than typically found in many homes, giving the lower living spaces a more open, comfortable feel. The generous corner lot offers outdoor space to enjoy, enhanced by a full irrigation system on a programmable timer for convenient lawn care. A triple-car garage provides valuable sheltered parking and storage for vehicles, equipment, and seasonal belongings. Glenbrook combines a welcoming residential setting with excellent everyday convenience. Shops and services along 37 Street SW and Richmond Road are close at hand, while Westhills Towne Centre, Signal Hill Centre, and Westbrook Mall expand your options for groceries, shopping, restaurants, cafés, and entertainment. Nearby schools include Glenbrook School, A. E. Cross School, and Calgary Christian School, subject to enrolment boundaries and admission requirements. Neighbourhood parks, playgrounds, and nearby Optimist Park offer opportunities for recreation and outdoor enjoyment. Located in a community approximately eight kilometres southwest of downtown Calgary, the property offers convenient access to the business district and city attractions. Nearby transit connections, Westbrook CTrain station, Richmond Road, and Sarcee Trail provide commuting and travel options. Separate residences, individual laundry, garage parking, and access to amenities also create appeal for potential Airbnb accommodation, subject to City licensing, property eligibility, and applicable requirements. Whether your goals include rental income, extended-family living, or a home with investment potential, this full duplex delivers space, privacy, and versatility in a well-connected southwest location. Book your private showing today. More details
    Listed by RE/MAX Complete Realty
    LISTING DETAILS
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Data was last updated October 17, 2026 at 06:05 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.