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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

  • 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

    $1,269,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2198536
    Floor Area:
    1,984 sq. ft.
    Located in a prime and highly sought-after area of Huntington Hills, this well-maintained 4-plex (each unit has 3 bedrooms and 1 bathroom) offers an exceptional investment opportunity with a fantastic location just off Centre Street, nestled on a quiet crescent. The 4-plex sits on an absolutely massive 51’x155’ (8600sq’) lot. Enjoy quick and easy access to Deerfoot Trail and 14th Street, and within walking distance to a wide range of amenities including Superstore, McDonald's, a convenience store, multiple schools (John G. Diefenbaker High School, Sir John A. Macdonald Middle School, St. Helena School), a library, aquatic center, tennis and pickleball courts, skate park, and more! This property has been thoughtfully updated and maintained, with a variety of recent upgrades including: upgraded 100A electrical system, updated metal roof, sewer drain line repair, renovated kitchens and bathrooms, newer appliances throughout, soundproofing for added privacy and comfort, some updated windows and doors, updated furnaces and hot water tanks, newer flooring, etc. The property includes a double garage and ample parking space off the back lane, providing convenience for both tenants and guests. With consistent and meticulous management by the owners, the property is fully leased with reliable tenants and fixed-term leases in place, making it an investor's dream. Don’t miss out on this rare opportunity to add a well-maintained, high-demand property to your portfolio in a fantastic location! More details
    Listed by RE/MAX House of Real Estate
    LISTING DETAILS

  • 5004 Stanley Road SW, Calgary

    5004 Stanley Road SW Elboya Calgary T2S 2R5
    Main Photo: 5004 Stanley Road SW, Calgary

    5004 Stanley Road SW Calgary T2S 2R5 Elboya

    $1,150,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2199286
    Floor Area:
    1,912 sq. ft.
    Welcome to an excellent investment opportunity in the heart of Elboya. This 4-plex features four well-maintained, fully rented units, each offering 2 bedrooms, a bathroom, spacious living room, modern kitchen, and a dining area. This property not only promises immediate cash flow but also holds significant potential due to its strategic location near the vibrant McLeod Trail with a wealth of new developments in the vicinity. Each unit is thoughtfully designed with two comfortable bedrooms, ensuring that tenants have ample space to call home. Common area laundry, designated parking pad in the rear. Access to all amenities are steps away, close to a variety or shopping centers, chinook center, restaurants and public transportation. More details
    Listed by Real Estate Professionals Inc.
    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

  • 3432 Richmond Road SW, Calgary

    3432 Richmond Road SW Killarney/Glengarry Calgary T3E 4N6
    Main Photo: 3432 Richmond Road SW, Calgary

    3432 Richmond Road SW Calgary T3E 4N6 Killarney/Glengarry

    $1,189,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2201139
    Floor Area:
    1,118 sq. ft.
    ATTENTION BUILDERS and INVESTORS!!! GREAT MULTI-FAMILY BUILD. SAVE TIME AND MONEY. DEVELOPMENT PERMIT RELEASED, DEVELOPMENT SURVEY COMPLETED, DESIGN PLAN COMPLETED, DSSP COMPLETED, DEPOSIT TO CITY OF CALGARY COMPLETED. ALL THE HEAVY LIFTING IS DONE AND NOW YOU’RE READY TO BUILD ASAP! CMHC MLI SELECT ELIGIBLE , 8 LEGAL SUITES. EXCELLENT CASH FLOW PROJECTIONS AND CAPITAL APPRECIATION. CLOSE TO LRT/TRANSIT, 17 AVE, MOUNT ROYAL UNIVERSITY, NORTH GLENMORE PARK, WALMART, SHOPPING/RESTAURANTS AND QUICK COMMUTE TO DOWNTOWN.THIS IS LAND VALUE ONLY WITH DP APPROVED More details
    Listed by TREC The Real Estate Company
    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

  • 1812 34 Street SE, Calgary

    1812 34 Street SE Southview Calgary T2B 0W4
    Main Photo: 1812 34 Street SE, Calgary

    1812 34 Street SE Calgary T2B 0W4 Southview

    $969,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2201853
    Floor Area:
    480 sq. ft.
    LEGAL 4 PLEX - Attention investors! 4 bi-level suites (one on each corner) – this is an exceptional investment opportunity in the community of Southview. Each unit offers a separate entrance, a comfy upstairs living area with a spacious living room, kitchen and dining room and a 2 pc bath with in-suite laundry. Downstairs each unit features two bedrooms, full bath, storage room and mechanical room. Each unit has a balcony off the living room from sliding patio doors, offering a lovely outdoor space to sit and relax and the rear units have use of the backyard space. Parking is at the back of the property (4+ stalls), as well as ample street parking is available. Great long term tenants, and they pay ALL their own utilities (all units have separate meters) – less management needed on the owner’s behalf. Updates include eaves troughs replaced in 2024, 2 of the 4 units have updated laminate/vinyl flooring, replaced kitchen cabinets and counter tops, updated bathrooms in good condition. 2 of the units have recently updated tile tub/shower surrounds. The property is situated on a low traffic, non-through street. Southview features lots of area amenities including shops, services and restaurants along International Avenue, great access to transit options and easy access to Deerfoot Trail, 17th Ave SE and downtown – all making for a great future ROI. Invest in Calgary's phenomenal growth or live in one unit while the others pay your mortgage! Now is the time to capitalize on this opportunity! More details
    Listed by RE/MAX Realty Professionals
    LISTING DETAILS

  • 1950 & 1952 66 Avenue SE, Calgary

    1950 & 1952 66 Avenue SE Ogden Calgary T2C 3C1
    Main Photo: 1950 & 1952 66 Avenue SE, Calgary

    1950 & 1952 66 Avenue SE Calgary T2C 3C1 Ogden

    $899,999
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2184214
    Floor Area:
    2,498 sq. ft.
    Discover unmatched potential with this spacious side-by-side duplex in the heart of Ogden. Located right across from Banting and Best, and Sherwood public schools with great transit at your doorstep. Originally built in 1982 as a group home, each side features 7 generously sized bedrooms all with legal-sized windows and 9foot basement ceilings, offering a total of 14 bedrooms between the two units. Both units also feature covered patios. This unique property is ideal for savvy investors or multi-generational families looking for flexible living options. Maximize your ROI by operating it as a long-term rental accommodating large families or groups, or as a short-term rental hosting larger groups, or capitalize on cash flow by transforming it into a rooming house—perfect for renters seeking affordable, shared housing especially with proximity to nearby employment areas. Located in a vibrant community with easy access to schools, shopping, public transit, and major roadways, this side by side duplex combines convenience with opportunity. Whether you’re looking for an income-generating asset or a versatile living arrangement, this property checks all the boxes. Don’t miss out—schedule your viewing today and explore the possibilities! The sellers are open to a VTB/AFS for the right offer. More details
    Listed by eXp Realty
    LISTING DETAILS

  • 1716 & 1718 10 Avenue NE, Calgary

    1716 & 1718 10 Avenue NE Mayland Heights Calgary T2E 0Y1
    Main Photo: 1716 & 1718 10 Avenue NE, Calgary

    1716 & 1718 10 Avenue NE Calgary T2E 0Y1 Mayland Heights

    $1,290,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2187974
    Floor Area:
    1,780 sq. ft.
    ** FULL DUPLEX SIDE BY SIDE ** Welcome to this completely renovated, impressive property that features a total of 8 bedrooms and 4 full bathrooms. This is an incredible opportunity to purchase a move-in-ready property that has legal basement suites in both units. There are 2 bedrooms and 1 bathroom in the MAIN LEVEL UNITS and 2 bedrooms and 1 bathroom in the LEGAL BASEMENT SUITES. All units are completely renovated, equipped with separate furnaces and laundry, and stainless steel kitchen appliances. TANKLESS HOT WATER SYSTEM in both units 1716 & 1718. Each unit features bright, open living spaces with functional layouts. This property is situated on an approximately 8395 sq ft lot with a 60 ft front to 110 ft depth. Mayland Heights is well known for its parks, schools, easy access to 16 Ave, Deerfoot Trail, great transit options, shopping malls nearby, and being conveniently located close to downtown. Whether you’re an experienced investor or just starting out, this property offers the perfect combination of location, value, and opportunity. Don’t miss your chance to own this unique duplex in one of the city’s most sought-after neighborhoods More details
    Listed by PREP Realty
    LISTING DETAILS

  • 1031 & 1031A 39 Avenue NW, Calgary

    1031 & 1031A 39 Avenue NW Cambrian Heights Calgary T2K 0E2
    Main Photo: 1031 & 1031A 39 Avenue NW, Calgary

    1031 & 1031A 39 Avenue NW Calgary T2K 0E2 Cambrian Heights

    $1,120,000
    Residential
    Status:
    Active
    MLS® Num:
    A2191461
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    2,720 sq. ft.
    Welcome to this exceptional side-by-side duplex in the charming inner-city community of Cambrian Heights. Offering two unique residences—1031A and 1031B both units have been upgraded and updated. This property is perfect for multigenerational living or as a savvy investment opportunity. Live in one side and rent out the other. The possibilities are endless. Step into your home through a welcoming covered veranda, an ideal spot for your evening sunshine. Inside, the open-concept main floor features a spacious living area, a dining room, and a high-end kitchen with stainless steel appliances, heated floors, and thoughtfully designed cabinetry. Classic yet modern, the home showcases stunning hardwood floors throughout the main and upper levels, abundant natural light floods the interior from the newer vinyl windows which feature custom Hunter Douglas blinds. Upstairs, you’ll find three generously sized bedrooms with built-in closet organizers, alongside a luxurious bathroom complete with a walk-in shower and heated floors. The fully developed basement offers additional living space, including a large rec or games room, a full bathroom, and a laundry/storage area. Recent updates include a new furnace, fresh paint, modern lighting (pot lights), and new flooring in the kitchen, bathrooms, and basement. This home is truly turn key ready yourself, for tenants or ideal for extended family. The property also features a double detached garage and beautifully landscaped outdoor spaces, adding to its appeal. Located within walking distance of schools, shopping, Confederation Park, and transit, with easy access to downtown, the University of Calgary, and Foothills Hospital. A duplex is a rare find that can seamlessly blend convenience, and investment potential. OPEN HOUSE This Saturday Feb.8 from 2-4 PM More details
    Listed by RE/MAX House of Real Estate
    LISTING DETAILS

  • 2118 & 2120 23 Avenue SW, Calgary

    2118 & 2120 23 Avenue SW Richmond Calgary T2T 0W1
    Main Photo: 2118 & 2120 23 Avenue SW, Calgary

    2118 & 2120 23 Avenue SW Calgary T2T 0W1 Richmond

    $1,090,000
    Residential
    Status:
    Active
    MLS® Num:
    A2191680
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    1,756 sq. ft.
    This is a fantastic opportunity to own a full side-by-side duplex in the desirable inner-city community of Richmond Park/Knobhill, just minutes from downtown Calgary. Perfect for investors or those looking to live in one unit and rent out the other, this well-maintained property offers excellent rental income potential and long-term value. One side of the duplex has been renovated, enhancing its appeal and increasing its rental value, while the other side is dated, providing the option for future upgrades or continued steady rental income. Both units feature a spacious open floor plan, including a bright living room, dining area, and charming kitchen. Each side offers two bedrooms and a four-piece bathroom on the main floor. The developed basements add even more functional living space, featuring a family room, additional bedroom, bathroom, and storage. A key highlight of this property is the walk-out basements with separate entrances, adding convenience and potential for additional rental income. Situated on a 50' x 110' R-CG lot, this property also presents an excellent future development opportunity in a highly sought-after location. Whether you are looking for a strong investment property or a home with income-generating potential, this duplex is an opportunity you won’t want to miss. More details
    Listed by Royal LePage Mission Real Estate
    LISTING DETAILS

  • 1047 16A Street NE, Calgary

    1047 16A Street NE Mayland Heights Calgary T2E 4T3
    Main Photo: 1047 16A Street NE, Calgary

    1047 16A Street NE Calgary T2E 4T3 Mayland Heights

    $812,500
    Residential
    Status:
    Active
    MLS® Num:
    A2192232
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,620 sq. ft.
    JUDICIAL SALE. The COURT DATE is March 20th in Edmonton. Offers to be in by 3:00pm on March 17th. The property is sold as is. The building was measured from the exterior and measurements are not guaranteed. Room sizes/info are based on the previous listing and are not guaranteed. This full duplex, on a large 66 x 120' corner lot is under construction to transition to a fourplex with a Development Permit in circulation. Located in Mayland Heights between the Deerfoot Athletic Park and Belfast School with Mayland Heights and Sir John Franklin Schools only 3 min away. More details
    Listed by Century 21 Masters
    LISTING DETAILS

  • 1434 & 1436 45 Street SW, Calgary

    1434 & 1436 45 Street SW Rosscarrock Calgary T3C 2C2
    Main Photo: 1434 & 1436 45 Street SW, Calgary

    1434 & 1436 45 Street SW Calgary T3C 2C2 Rosscarrock

    $1,190,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2189018
    Floor Area:
    1,753 sq. ft.
    **OPEN HOUSE: SAT MARCH 8th 12:00pm-2:00pm** Rare Revenue-Generating Full Duplex with 4 rental units! Opportunities like this don’t come around often! This Legally Suited Duplex, registered with the City of Calgary’s Secondary Suite Registry, is an investor’s dream. With 4 spacious 2-bedroom, 1-bathroom units—each thoughtfully renovated to attract quality tenants—this property offers incredible income potential. The bright upper units feature VAULTED CEILINGS and west-facing balconies, while the treed front lot offers great privacy. Additionally, the lower suites come FULLY FURNISHED, making them perfect for long-term or short-term rental opportunities. Recent upgrades add to the appeal, including a NEW HOT WATER TANK (1434 side), a NEW ROOF (2019), electrical updates for baseboard heating in 1436B, and replacement windows in all bedrooms and kitchens. Gutter guards recently installed. At the rear, you’ll find two single-car garages plus two additional parking stalls, ensuring plenty of tenant parking. Location is everything, and this property delivers! Just one block from the LRT on 17th Ave, tenants can reach downtown in 20 minutes while enjoying easy access to nearby schools, shopping, and daily essentials. Check out the photo notes to guide your viewing, and contact your favourite Realtor for full rental details! More details
    Listed by CIR Realty
    LISTING DETAILS
1-12/20
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Data was last updated March 18, 2025 at 05:30 AM (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.