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2231 48 Street SE
Forest Lawn Calgary T2B 1M3

$770,000
Multi-Family 1,917 sq. ft. built: 1971

Main Photo: 2231 48 Street SE in Calgary: Forest Lawn 4 plex for sale : MLS®# A2295214
Photo 1: 2231 48 Street SE in Calgary: Forest Lawn 4 plex for sale : MLS®# A2295214
Photo 2: 2231 48 Street SE in Calgary: Forest Lawn 4 plex for sale : MLS®# A2295214
Photo 3: 2231 48 Street SE in Calgary: Forest Lawn 4 plex for sale : MLS®# A2295214
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2295214
Year Built:
1971
Wake up investors .Lowest price legal 4 plex , On a huge Corner lot ,All 4 units with 3 good size bedrooms , one bath, with separate furnaces,separate laundries and separate entrances.All units need some work.It is reflected in the price,So basically all units are sold in as is conditions. Units 2229 a and b are rented with long term tenants,willing to stay, no intention to move out they have been living there more than 10+ years. Each paying Rent $1400 per month including utilities. Unit 2231 a and b are vacant ,can be shown any time. units 2229 a and b have dogs and need some notice for showing.Please confirm appointments for these 2 units because of dogs,do not show these unit without confirmation.This location is excellent,Close to bus,schools,shopping and all the major routes . All Lower level windows installed in 2009, Tar and gravel roof Redone in 2002. Do not miss outstanding opportunity at this price for a legal 4 plex.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Possession Date:
Total Living Area:
1,917 sq. ft.
Main Level Finished Area:
1,917 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
7,685 sq. ft.
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
1971 (Age: 55)
Bathrooms:
- (Full:-, Half:-)
Plan:
5998JK
Structure Type:
Four Plex
Ensuite:
No
Garage:
No
Parking Places:
5
Parking Total/Covered:
5 / -
Southeast
Forest Lawn
4 FRIDGES,4 STOVES,4 WASHERS,4 DRYERS.
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone E
Zoning:
M-C1
Listed Date:
Mar 20, 2026
Days on Mkt:
  • Photo 1: 2231 48 Street SE in Calgary: Forest Lawn 4 plex for sale : MLS®# A2295214
    Photo 1 of 3
  • Photo 2: 2231 48 Street SE in Calgary: Forest Lawn 4 plex for sale : MLS®# A2295214
    Photo 2 of 3
  • Photo 3: 2231 48 Street SE in Calgary: Forest Lawn 4 plex for sale : MLS®# A2295214
    Photo 3 of 3
Listed by Royal LePage METRO
Data was last updated March 21, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$2,999,000
Min list price:
$799,800
Max list price:
$18,000,000
Avg days on market:
44
Min days on market:
3
Max days on market:
262
Avg price per sq.ft.:
$600.51
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations. This data is not produced by the MLS® system.
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.