5418 and 5422 48 Avenue
Active Listing

5418 and 5422 48 Avenue

5418 and 5422 48 Avenue, Olds

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$1,478,000Price
3,754Sq Ft

Fabulous location, walking distance to Olds College.

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Fabulous location, walking distance to Olds College! Well maintained and managed, this property offers 2 - 4 plexes (2 bed, 1 bath units) on one title. Many capital cost expenditures done over the past 20 years: asphalt shingles - 15 years, windows and patio doors - 10 years, approx 6 of the 8 furnaces, hot water tanks as needed, electrical switches and outlets in 7 of the 8 units, decks redone, paint and flooring upgrades between tenancies. Each building features 2 main floor units, and 2 basement units. Photos are of 2 units when they were vacant, one main floor unit, and one basement unit. Building is fully occupied. 9 parking stalls, 8 of them energized. Tenants pay all utilities. Landlord pays garbage. Room to increase rents as some rents are below current market rates.

Specifications

Property Details

Property TypeMulti-Family
Property Subtype4 plex
StructureFour Plex
Transaction TypeFor Sale
Living Area3,754 sq ft
Living Area (m²)349.0 m²
Year Built1975
Parking Total9
Parking FeaturesParking Pad,Plug-In
HeatingForced Air,Natural Gas
RoofAsphalt Shingle
FoundationPoured Concrete
Price / Sq Ft$393.71
Annual Taxes$7,407 (2025)
ZoningR3
PossessionNegotiable
Title / LandFee Simple
Inclusions8 fridges, 8 stoves, 8 washers, 8 dryers, shed
Days on Market118
ListedNovember 1, 2025
NeighbourhoodNONE
MLS NumberA2268282
The Location

NONE

5418 and 5422 48 Avenue, Olds, Alberta, T4H 1G4

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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 Realty Experts Group Ltd.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $7,407. 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 Active. MLS A2268282. Listed November 1, 2025. Listed by Realty Experts Group Ltd.

Interested in this property?

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

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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: March 16, 2026.