447 Allowance AVE SE, Medicine Hat, AB T1A3E1
447 Allowance AVE SE, Medicine Hat, AB T1A3E1
447 Allowance AVE SE, Medicine Hat, AB T1A3E1
49
$505,000
$499,900
1.0%
Est.Price: ?

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1,435 SqFt

447 Allowance AVE SE Medicine Hat, AB T1A3E1

Est. payment /mo
SOLD DATE : 05/05/2026

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Key Details

Sold Price $505,000

Property Type Multi-Family

Sub Type 4 plex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,435 sqft

Price per Sqft $351

Subdivision River Flats

MLS® Listing ID A2300348

Sold Date 05/05/26

Year Built 1941

Annual Tax Amount $5,106

Tax Year 2025

Property Sub-Type 4 plex

Source Medicine Hat

Property Description

Welcome to 447 Allowance Ave SE, a solid four-plex in Medicine Hat's River Flats offering an excellent opportunity for investors looking for strong rental potential.
This property features four self-contained units, including two spacious 2-bedroom, 1-bath suites and two comfortable 1-bedroom, 1-bath plus den suites, appealing to a wide range of tenants. Several units have been updated with modern flooring and fresh paint, creating clean and inviting living spaces.
The property also includes a detached garage/workshop, ideal for additional storage, maintenance space, or potential extra rental value (currently rented). Tenants will appreciate the four off-street parking stalls, a valuable feature in this central location. The fully fenced yard adds additional functionality, making it practical for tenant enjoyment, security, and defined outdoor space.
Situated in the River Flats, residents enjoy convenient access to downtown amenities, parks, walking trails, and transit, making it an attractive rental location.
Whether you're expanding your portfolio or looking for a solid multi-family investment, 447 Allowance Ave SE is a property worth exploring. Call your REALTOR® to book a private viewing!

Location

Province AB

County Medicine Hat

Zoning R-LD

Exterior

Parking Features Double Garage Detached, Driveway, Garage Faces Side

Garage Spaces 1.0

Fence Fenced

Lot Frontage 50.0

Total Parking Spaces 5

Garage 1

Others

Restrictions None Known

Tax ID 102705680

Ownership Joint Venture

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Listed by RIVER STREET REAL ESTATE

NEARBY SCHOOLS & BUSINESSES

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Brook Bailly

Brook Bailly

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