
$229,900
New on hômm
3433 51 Avenue
South Hill, Red Deer, Alberta T4N 4E9
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Description
SOUTH HILL REDEVELOPMENT/INVESTMENT OPPORTUNITY on a large 48' x 134' lot zoned R-M for multi-family. The property is located within walking distance of shopping, restaurants, downtown amenities, and Red Deer Regional Hospital. The existing 1.5 storey home has seen some recent updates including vinyl plank flooring, an updated kitchen with newer cabinetry, countertops, and appliances, plus a renovated 4-piece bathroom with updated tub, tile surround, and vanity. Other improvements include PEX plumbing lines and a high-efficiency furnace. The main floor offers a functional layout with two bedrooms, a bright living room, and spacious kitchen area. The upper level would be best suited for storage, hobby space, or a kids' play area. The basement remains unfinished but includes laundry and a walk-up exit to a covered exterior storage area with direct access to the backyard. Outside, the extra deep yard and rear alley access create flexibility for future development plans or parking. The R-M zoning and lot dimensions make this property well-suited for a range of future development configurations.
Included with Sale
Nearby Amenities
Basement
Full,Unfinished,Walk Up
Parking
3 Parking
Heating
Forced Air,Natural Gas
Cooling
None
Financial Information
$1,995/year (2025)
Lot Information
6,422 sq ft
0.15
48.13 ft
Rooms (7)
Main
Second
Location
MLS® #: A2304405
Listing provided by Andrew Russell
Brokerage: RE/MAX real estate central alberta
Photos: 23 images
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. 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. Used under license.
Mortgage values are calculated by hômm and are provided for estimate purposes only.
The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.
Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).
Listing information last updated on April 24, 2026 at 10:25 am MDT