2231 48 Street SE
Pending Listing

2231 48 Street SE

2231 48 Street SE, Calgary

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$770,000Price
1,917Sq Ft

Wake up investors.

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Wake up investors .Lowest price legal 4 plex , On a huge Corner lot ,All 4 units with 3 good size bedrooms , one bath, with separate furnaces,separate laundries and separate entrances.All units need some work.It is reflected in the price,So basically all units are sold in as is conditions. Units 2229 a and b are rented with long term tenants,willing to stay, no intention to move out they have been living there more than 10+ years. Each paying Rent $1400 per month including utilities. Unit 2231 a and b are vacant ,can be shown any time. units 2229 a and b have dogs and need some notice for showing.Please confirm appointments for these 2 units because of dogs,do not show these unit without confirmation.This location is excellent,Close to bus,schools,shopping and all the major routes . All Lower level windows installed in 2009, Tar and gravel roof Redone in 2002. Do not miss outstanding opportunity at this price for a legal 4 plex.

Specifications

Property Details

Property TypeMulti-Family
Property Subtype4 plex
StructureFour Plex
Transaction TypeFor Sale
Living Area1,917 sq ft
Living Area (m²)178.0 m²
Lot Size7,685 sq ft
Lot Acres0.1800
Year Built1971
Parking Total5
Price / Sq Ft$401.67
Annual Taxes$4,403 (2025)
Tax Assessment$712,500
ZoningM-C1
PossessionImmediate,Negotiable
Title / LandFee Simple
Inclusions4 FRIDGES,4 STOVES,4 WASHERS,4 DRYERS.
Days on Market13
ListedMarch 20, 2026
NeighbourhoodForest Lawn
DistrictCAL Zone E
MLS NumberA2295214
The Location

Forest Lawn

2231 48 Street SE, Calgary, Alberta, t2b1m3

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Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of Royal LePage METRO.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $4,403. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Pending. MLS A2295214. Listed March 20, 2026. Listed by Royal LePage METRO.

Ask About This Property

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this listing.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). 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. Data last updated: April 6, 2026.