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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 22, 2026 at 04:05 AM (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.
Robb Leece, REALTOR®

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Calgary Real Estate
Direct: 403-478-4335
Fax: 403-476-5270
Graham Realty Inc.
4321 84 STREET N.E.
Calgary AB T1Y 7H3 CA