$1,599,999
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1920 31 Street Sw, Calgary, AB T3E2M9

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- Beds
0 Baths
2,214 Sq Ft

Ideally located in the highly desirable inner-city community of Killarney, just steps from vibrant 17th Avenue, this turnkey 4-plex offers the stability, upside, and value that serious investors look for. Stability comes first: all four units are 3-bedroom suites on fixed-term leases, a significant differentiator from the 2-bedroom units that make up much of the competing multi-family inventory. Larger layouts appeal to families, roommates, and long-term tenants, helping support consistent occupancy and dependable income. Each fully self-contained unit offers between 9971, 043 sq ft of well-designed living space with 3 bedrooms, 1 full bathroom, and in-unit laundry, and has been updated with durable vinyl plank flooring for a modern, low-maintenance finish. Every suite is separately metered with its own furnace and hot water tank, so tenants pay their own utilities, keeping operating costs predictable and management simple. The two upper units feature charming wood-burning fireplaces and sunny private balconies, while all residents enjoy outdoor backyard space and additional storage in the on-site shed. Four rear parking stalls provide one assigned stall per unit, with ample street parking out front for guests. Recent concrete repair work around the building has improved lot grading and drainage, protecting the property and minimizing future maintenance. The property currently generates $8, 050 per month in rental income, averaging roughly $2, 010 per unit, leaving clear upside as leases renew and rents move toward current market rates of $2, 500+ for 3-bedroom units in the area, a meaningful opportunity to grow income without major capital investment. With updated units, separate utilities, recent exterior improvements, and all four units occupied, this is a turnkey, cash-flow-positive asset that lets a new owner step in with secure income from day one. Situated within walking distance of transit, schools, parks, and countless amenities, the location offers quick acce ss to downtown while being moments from the restaurants, cafs, boutiques, and nightlife that make 17th Avenue one of Calgary's most dynamic destinations. Whether you're expanding your portfolio or securing a multi-family asset in a high-demand rental area, this Killarney 4-plex delivers stable income today and lasting investment potential for tomorrow. (id:58753)

  • MLS® A2348979
  • Date Listed10/01/2026
  • Days on Realty 1 Day
  • Bedrooms -
  • Bathrooms
  • Lot Size 5,996 sq. ft
  • Subdivision Killarney/Glengarry
  • Year Built 1979
  • Square Feet 2,214 sq. ft
  • Price Per Sq. Ft $722.67

Interior Features

  • Appliances Refrigerator, Range, Washer & Dryer
  • Flooring Vinyl
  • Cooling None
  • Heating Forced air

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 5,995.50
  • Lot Features Back lane

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T3E2M9

Discover key demographics, population statistics, and environmental insights for the Calgary, AB area.

Walkability in AB / T3E2M9

Source: Walk Score

80/100

Very Walkable

Walk Score ®

63/100

Good Transit

Transit Score ®

90/100

Biker's Paradise

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.

Transit Summary

14 nearby routes: 13 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 62/100, Transit Score: 52/100, Bike Score: 75/100.

Points of Interest near 1920 31 Street SW, Calgary, AB T3E2M9

Frequently Asked Questions for 1920 31 Street SW

Source: Realty.com

1920 31 Street SW, Calgary, AB T3E2M9 in Killarney/Glengarry, Calgary, AB T3E2M9 is a multi family listed at $1,599,999. Highlights include 2,214 sq. ft., built in 1979, $723 per sq. ft.. Realty.ca has 26 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 26 photos of 1920 31 Street SW.

Our records indicate that 1920 31 Street SW was built in 1979.

The full address for this home is 1920 31 Street SW, Calgary, AB T3E2M9.

1920 31 Street SW has been listed on Realty.com since Thu October 01, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 62/100, Transit Score: 52/100, Bike Score: 75/100.

This content last refreshed on 2026-10-02 21:02:53. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.