Real Estate Team

Jobbagy Stephen & Associates

Contact Real Estate Team

What do you want to do next?

Buy a Home Sell my Home

29 Eastman Crescent, Red Deer, Alberta

$700,000

2,171 Square Feet

7.4% Stabilized CAP Rate! $6,250/mo in gross rents! An exceptional investment opportunity awaits at Eastview Estates! This well-maintained 4PLEX offers Bi-Level units, each with 3 Bedrooms, 1 Bath, Kitchen, Dining, Living Room, separate Laundry, and a balcony. Two units have been FULLY RENOVATED in the last year (NEW KITCHEN, APPLIANCES, DOORS, FLOORING, PAINT, BATHROOM, PATIO DOORS, WINDOWS, ETC , bringing a fresh modern appeal, while NEWER WINDOWS throughout the 4PLEX enhance energy efficiency and aesthetics. Each unit includes 2 designated PAVED PARKING STALLS for tenants' convenience. Tenants have FRESH LEASES in place and are responsible for individual electrical and heating costs. With gross monthly revenue at $6,250 and all four units currently rented with tenants eager to stay, this property promises a stable and lucrative income stream. Nestled in the vibrant community of Eastview Estates in Red Deer, the property is located just off 30 Ave and less than 200 meters from a transit stop, offering a prime location with superb transportation access. Known for its friendly neighbourhood atmosphere, Eastview Estates provides residents with access to parks, schools, and shopping, enhancing the appeal for renters seeking convenience and lifestyle. (id:59963)

Listing ID: A2251956
Property Type: Multi-family
Year Built: 1982

View Additional Photos

Schedule a Tour

Don't have a real estate agent? Use the calendar to schedule a showing with Jobbagy Stephen & Associates Real Estate to view this property.

Schedule Private Tour

Jobbagy Stephen & Associates Real Estate would happily provide a private viewing if you would like to schedule a tour.

Match your Lifestyle with your Home

Contact Jobbagy Stephen & Associates Real Estate, who specializes in Red Deer real estate, on how to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let Jobbagy Stephen & Associates Real Estate find a property to match your lifestyle.

Details

Ownership: Freehold
Parking Spaces: 8
Plan: 9922674
Transaction: For sale
Zoning Description: R-M

Building

Constructed Date: 1982
Fireplace Present: False
Size Interior: 2171 sqft
Total Finished Area: 2171.04 sqft
Type: Multi-Family

Land

Listing provided by Real Broker
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 29 Eastman Crescent in Red Deer Alberta. It was last modified on August 27th, 2025. Contact Jobbagy Stephen & Associates Real Estate to schedule a viewing or to discover other Red Deer real estate for sale.

Request More Information

Want more information or schedule a showing? Request more information with Jobbagy Stephen & Associates Real Estate, who specializes in Red Deer properties.

Terms of Use Agreement

Terms of Use
This website is operated by Jobbagy Stephen & Associates Real Estate, REALTORS® who are members of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Jobbagy Stephen & Associates Real Estate, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
Jobbagy Stephen & Associates Real Estate may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline