A rare 4 Plex on 4 acres just minutes north of Three Hills, Alberta, this 4-acre country residential property offers an opportunity to own a four-plex on acreage within walking distance to downtown amenities, schools, and services. Originally built in 1947 and later converted to a four-unit dwelling, this property blends rural space with small-town convenience in a vibrant, growing community. It is priced below appraisal with repositioning potential. Use the extra land for added income such as RV storage, horse or livestock boarding. The building is configured as a four-plex consisting of two main-floor units, one upper-level unit, and one basement unit, each with its own unique layout and character. All units are currently rented on one-year leases, generating steady income, with the seller preferring to sell with tenants in place. Possession is flexible and may be fast, subject to tenancy.
Utilities are combined for the building and currently included in rent, making this property attractive for buyers seeking a simplified management setup. Heating is provided by three natural gas furnaces, with town water supplied by Kneehill County, and a tank & open-discharge septic system that is regularly maintained and pumped annually. There are no active wells on the property.
The property includes shared laundry facilities in the basement (1 washer & 1 dryer)
Property Type:
Residential
Property Sub Type:
Full Duplex
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
1 and Half Storey, Acreage with Residence, Attached-Up/Down
Total Living Area:
3,368.7 sq. ft.313 m2
Main Level Finished Area:
3,368.7 sq. ft.313 m2
Below Grade Finished Area:
1,995.01 sq. ft.185 m2
Acreage:
Yes
Lot Area:
4 acre(s)1.62 hectare(s)
Front Exposure:
West
Entry Level:
2
Levels:
One and One Half
End Unit:
1 Common Wall
Total Rooms Above Grade:
15
Year built:
1947
(Age: 79)
Bedrooms:
7
(Above Grd: 5)
Bedrooms Above Grade:
5
Bedrooms Below Grade:
2
Bathrooms:
4.0
(Full:4, Half:0)
Heating:
Baseboard, Natural Gas
Basement:
Full, Finished, Separate/Exterior Entry, Walk Out
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame, Wood Siding
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Linoleum, Wood
Cooling:
None
Fireplaces:
0
Water Supply:
Public
Sewer:
Septic Tank
Garage:
No
Parking:
Additional Parking, None
Laundry Features:
In Basement
Dryer, Washer
Fridge x3, Oven x3 washer X1 Dryer x1
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Living Room
15'9"4.80 m × 15'5"4.70 m
Main Floor
Kitchen
14'1"4.29 m × 7'7"2.31 m
Main Floor
Dining Room
15'5"4.70 m × 6'11"2.11 m
Main Floor
Den
12'3"3.73 m × 7'7"2.31 m
Main Floor
Bedroom
13'8"4.17 m × 12'7"3.84 m
Main Floor
Bedroom
15'7"4.75 m × 11'5"3.48 m
Main Floor
Entrance
14'10"4.52 m × 10'11"3.33 m
Main Floor
Kitchen
14'6"4.42 m × 11'6"3.51 m
Main Floor
Living Room
13'3.96 m × 10'11"3.33 m
Main Floor
Dining Room
13'3.96 m × 9'2.74 m
Main Floor
Bedroom
11'3"3.43 m × 10'8"3.25 m
Main Floor
Bedroom
10'10"3.30 m × 10'8"3.25 m
Main Floor
Bedroom
10'10"3.30 m × 10'7"3.23 m
Main Floor
Game Room
19'11"6.07 m × 14'6"4.42 m
Main Floor
Den
9'4"2.84 m × 7'9"2.36 m
Main Floor
Kitchen
13'3.96 m × 9'2.74 m
Main Floor
Storage
10'9"3.28 m × 7'11"2.41 m
Main Floor
Storage
13'4"4.06 m × 10'7"3.23 m
Basement
Entrance
8'10"2.69 m × 7'3"2.21 m
Basement
Game Room
23'1"7.04 m × 13'11"4.24 m
Basement
Kitchen
13'11"4.24 m × 10'5"3.18 m
Basement
Bedroom
13'11"4.24 m × 13'1"3.99 m
Basement
Den
13'9"4.19 m × 6'8"2.03 m
Basement
Bedroom
14'8"4.47 m × 9'5"2.87 m
Basement
Laundry
19'5.79 m × 8'9"2.67 m
Basement
Storage
22'7"6.88 m × 10'11"3.33 m
Basement
Furnace/Utility Room
17'1"5.21 m × 14'2"4.32 m
Basement
Storage
14'2"4.32 m × 8'1"2.46 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'4" x 7'4"
Main Floor
No
4
8' x 6'7"
Main Floor
No
3
5' x 8'8"
Basement
No
4
6'2" x 14'3"
Title to Land:
Fee Simple
Community Features:
None
Interior Features:
Ceiling Fan(s), Laminate Counters, Separate Entrance
Data was last updated January 15, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$699,000
Min list price:
$475,000
Max list price:
$15,000,000
Avg days on market:
142
Min days on market:
2
Max days on market:
226
Avg price per sq.ft.:
$428.94
These statistics are generated based on the current listing's property type
and located in
Rural Kneehill County. 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.