223 5 Street NW
Medicine Hat, Alberta, T1A7X9
For Sale | $650,000
Key facts
- Property type: Multi-family
- Transaction: For Sale
- Price: $650,000
- Interior size: 1,920 sqft
- Year built: 1976
- Parking: 4
- Listing key: 29641503
Listing overview
Excellent investment opportunity with this well-maintained fourplex offering strong income potential and long-term stability. Three of the four units are currently occupied by reliable long-term tenants, providing immediate cash flow, while the vacant unit has been recently refreshed with fresh paint and newer main floor flooring—ideal for owner occupancy or to maximize rental income at current market rates. Each unit features a functional and consistent layout, with the main floor offering a spacious kitchen, dining area, and bright living room complete with a cozy fireplace, along with a convenient 2-piece bathroom. The lower level includes two comfortable bedrooms, a full 4-piece bathroom, laundry area, and mechanical room, creating practical and desirable living spaces for tenants. The property has seen important updates over time, including new shingles in 2025 and mid efficiency fu...

Interactive gallery, map, comparables, and calculator tools load automatically.