A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 5019 51 ST, Redwater Alberta T0A2W0
1 day on Market

5019 51 ST, Redwater, Alberta T0A2W0

Detached
2
1
~1664 sqft
$519,900
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Detached
2
1
~1664 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$312/sqft

Monthly cost

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Description

Great investment opportunity in the heart of Redwater! This well-located 4-plex is close to schools, downtown amenities and a variety of local businesses. The property features two 2-bedroom suites and two 1-bedroom suites, providing a desirable mix of unit types. Numerous upgrades have been completed over the years, including windows, doors, flooring and furnaces, with new shingles installed in 2024. Each unit has its own dedicated storage room, while the property also includes a garden/storage shed. One of the suites enjoys the added benefit of a private deck, and the large private yard provides plenty of outdoor space for summer enjoyment. Located in a convenient area with no vacancies, this property offers an excellent opportunity for an investor looking to add a fully occupied multi-family property to their portfolio. (id:39198)


Property Details

StyleFourplex
View-
Age of property1969
SqFt~1664 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberE4510424
Community NameRedwater
Data SourceCREA
Listing byRE/MAX Edge Realty

Features

Heating: Forced air, See remarks
Basement: Finished, Full

Main level Floor

Living room

Dining room

Kitchen

Primary Bedroom


Property History

Sep 25, 2026
ListedActive
$519,900
1 day on market
history photo preview8
Listing by crea®
Property listed by RE/MAX Edge Realty, Brokerage
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Market Data - Redwater

Geo Zone Map ThumbnailRedwater

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

0 day

2024

0 day

2023

0 day

New Listings

Past 30 days

1 listing

Compared to

2025

5 listings

2024

5 listings

2023

1 listing

Units sold

Past 30 days

0 unit

Compared to

2025

0 unit

2024

0 unit

2023

0 unit

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 1969
Average household income $117,548

Age (%)

0 to 19
22%
20 to 34
20%
35 to 49
16%
50 to 64
23%
65 and plus
19%

Household composition (%)

Single family
60%
Single person
34%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
94%
Others
2%
Ukrainian
2%
French
1%

House tenancy (%)

Owners
69%
Renters
31%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget

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