6 days on Market

320075 Range Road 240 #1-4, Rural Kneehill County, Alberta T0M 1A0

In the same building:
-
Condo
5 + 2
4
~3368.70 sqft
$475,000
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Condo
5 + 2
4
~3368.70 sqft

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Highlights

Property Estimate

Days on market6 days

Estimated valueNot available

Price/Sqft$141/sqft

Monthly cost

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Description

A rare 4 Plex on 4 acres just minutes north of Three Hills, Alberta, this 4-acre country residential property offers an opportunity to own a four-plex on acreage within walking distance to downtown amenities, schools, and services. Originally built in 1947 and later converted to a four-unit dwelling, this property blends rural space with small-town convenience in a vibrant, growing community. It is priced below appraisal with repositioning potential. Use the extra land for added income such as RV storage, horse or livestock boarding. The building is configured as a four-plex consisting of two main-floor units, one upper-level unit, and one basement unit, each with its own unique layout and character. All units are currently rented on one-year leases, generating steady income, with the seller preferring to sell with tenants in place. Possession is flexible and may be fast, subject to tenancy. Utilities are combined for the building and currently included in rent, making this property attractive for buyers seeking a simplified management setup. Heating is provided by three natural gas furnaces, with town water supplied by Kneehill County, and a tank & open-discharge septic system that is regularly maintained and pumped annually. There are no active wells on the property. The property includes shared laundry facilities in the basement (1 washer & 1 dryer)


Property Details

StyleAcreage with Residence,Apartment-Multi Level Unit,Attached-Up/Down
View-
Age of property1947
SqFt~3368.70 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberA2278728
Community NameKneehill County
Data SourcePILLAR 9
Listing byCIR Realty

Features

Heating: Baseboard,Natural Gas
Basement: Full,Finished,Separate/Exterior Entry,Walk Out

Main Floor

Storage

10`7" x 13`4"

Living Room

15`5" x 15`9"

Kitchen

7`7" x 14`1"

Dining Room

6`11" x 15`5"


Features

Patio: Deck
Balcony: Deck

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jan 12, 2026
ListedActive
$475,000
6 days on market
history photo preview50
Listing by pillar 9®
Property listed by CIR Realty, Brokerage
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