324 3 Avenue Se, Medicine Hat, Alberta

$524,900

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2,442

Square feet

About 324 3 Avenue Se

Ideal Investment Opportunity – 4-Plex on the SE Hill! This solid brick 4-plex is an exceptional investment opportunity located in the highly desirable SE Hill area. Featuring four spacious 2-bedroom, 1-bath units, this property offers an excellent combination of potential rental income and long-term value. Each unit is bright and well-maintained, with several updates that make this an attractive choice for tenants. Approximately 90% of the windows have been replaced with newer PVC, ensuring improved energy efficiency and natural light throughout. Some units feature newer vinyl flooring, fresh paint, upgraded carpets, modern countertops, and stylish tiled showers. These thoughtful updates create a comfortable living environment that will appeal to a wide range of tenants. The building itself is a solid brick structure with a roof that's about 7-8 years old, and the water heater was replaced in 2019. Each unit is equipped with a 60-amp electrical service, and tenants enjoy easy access to public transit, shopping, schools, and downtown—making this location highly attractive for renters. With its strong location, recent upgrades, and potential for steady rental income, this 4-plex is a prime addition to any investment portfolio. Whether you're an experienced investor or just getting started, this property offers both short-term income and long-term appreciation potential.

Features of 324 3 Avenue Se

MLS® # A2207237
Price $524,900
Bathrooms 0.00
Square Footage 2,442
Acres 0.00
Year Built 1973
Type Multi-Family
Sub-Type 4 plex
Status Active

Community Information

Address 324 3 Avenue Se
Subdivision SE Hill
City Medicine Hat
County Medicine Hat
Province Alberta
Postal Code T1A 5N8

Amenities

Parking Spaces 4
Parking Off Street
Is Waterfront No
Has Pool No

Interior

Heating Boiler
Cooling Wall/Window Unit(s)
Fireplace No
Has Basement No

Additional Information

Date Listed April 1st, 2025
Days on Market 2
Zoning R-MD
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRIVER STREET REAL ESTATE

Listing Map