231 &Amp 233 Kendrew Drive Red Deer, AB T4P 3Z1
Listing Courtesy of: PILLAR 9 - IDX / Listed By: Patrick Galesloot, Century 21 Advantage

  231 &Amp 233 Kendrew Drive Red Deer, AB T4P 3Z1

Active (0 Days)
$639,800 (CAD)

Description

DOUBLE THE OPPORTUNITY! Discover the investment potential of this well-maintained, side-by-side bi-level duplex at 231 & 233 Kendrew Drive in Red Deer. Offering two separate residential units, established tenants and a combined rental income of $3,000 per month, this property presents an appealing opportunity for investors looking to add a complete duplex to their portfolio.

Each side features a functional bi-level design with comfortable main-floor living spaces and additional lower-level accommodation. The two units offer approximately 1,302 sq. ft. of combined above-grade floor area, plus their respective lower levels. The property has benefited from attentive ownership and ongoing maintenance, including improvements to flooring, countertops and appliances in 233 Kendrew Drive.

Both units are currently rented at $1,500 per month, with tenants responsible for utilities. Existing leases extend to July 1, 2027, for 233 Kendrew Drive and September 1, 2027, for 231 Kendrew Drive, providing an established rental arrangement for the incoming owner.

Whether you're growing an existing investment portfolio or looking to acquire your first multi-unit property, this duplex offers the advantages of two income-producing residences in one investment. A practical property with established income, maintained interiors and flexibility for future ownership plans!

MLS®:
A2353145
Lot Size
3,197 SQFT
Type
Multifamily
Year Built
2002
Style
Bi-Level, Attached-Side by Side
County
Red Deer County

Listed By

Patrick Galesloot, Century 21 Advantage
Source
PILLAR 9 - IDX
Last checked Oct 18 2026 at 3:44 AM MDT
Bathroom Details
Interior Features
  • Appliances : Refrigerator
  • Appliances : Dishwasher
  • Appliances : Electric Stove
  • Appliances : Washer/Dryer
Subdivision
  • Kingsgate
Lot Information
  • Standard Shaped Lot
  • Landscaped
Property Features
  • Fireplace: Total Fireplace(s) : 0
Heating and Cooling
  • Natural Gas
Flooring
  • Linoleum
  • Laminate
Exterior Features
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Sewer
Parking
  • Off Street
  • Parking Space(s) : 4
Stories
  • 2
Living Area
  • 1,302 sqft
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Disclaimer: 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.
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.