5918 57 Avenue , Red Deer, AB, T4N4S7

$795,222

2,410

Square feet

0.20

Acres

Six-suite apartment building located in the established Riverside Meadows neighbourhood. The property offers a practical unit mix consisting of five two-bedroom suites and one one-bedroom basement suite. All six units are currently rented, providing an established rent roll. Each suite has its own private entrance and designated parking stall, giving residents independent access and convenient off-street parking. The building is heated by a central boiler system and includes shared laundry facilities that provide additional income. With all units occupied and parking provided for each suite, this property is set up as an operating multi-residential rental building. Financial information, tenancy details and property measurements are based on information provided by the seller and should be independently verified. Tenants pays for power on their own unit.

Features of 5918 57 Avenue , Red Deer

MLS® # A2345623
Price $795,222
Square Footage 2,410
Acres 0.20
Year Built 1979
Type Multi-Family
Sub-Type Row/Townhouse
Status Active
Community Information
Address 5918 57 Avenue
Subdivision Riverside Meadows
City Red Deer
County Red Deer
Province Alberta
Postal Code T4N4S7

Amenities at 5918 57 Avenue , Red Deer, AB

Parking Spaces 6
Is Waterfront No
Has Pool No
Interior
Interior Features See Remarks
Appliances Electric Stove, Range Hood, Refrigerator
Fireplace No
Has Basement No
Exterior
Exterior Features Storage
Roof Asphalt Shingle
Construction Vinyl Siding, Wood Frame
Foundation Poured Concrete
Additional Information
Date Listed September 16th, 2026
Days on Market 1
Zoning R-L
Foreclosure No
Short Sale No
RE / Bank Owned No

5918 57 Avenue , Red Deer Listing Details

OfficeeXp Realty
WebsiteTo see this home contact Chamberlain Real Estate Group to Schedule your tour.

More About 5918 57 Avenue , Red Deer, AB

5918 57 Avenue Red Deer is located in the neighbourhood of Riverside Meadows. The community of Riverside Meadows has 7 available properties. Riverside Meadows makes up 1.55% of the 453 total properties listed in Red Deer. Homes in Riverside Meadows are listed for an average price of $287,660. That is 34.89% lower than the average asking price of $441,838 found across all Red Deer properties for sale. If you would like to see other homes like 5918 57 Avenue Red Deer please reach out to us 403-879-4145. Properties like 5918 57 Avenue can come and go quickly and it's a big reason why having a personalized strategy and search set up for you is key. Let us know how we can help so we don't miss out on 5918 57 Avenue Red Deer or another home like it in the future. Get directions to 5918 57 Avenue Red Deer.

5918 57 Avenue , Red Deer, Alberta Map

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