River Flats, Medicine Hat · MLS® A2327707
4
1,558 sq ft · House · Multi-family · built 1988 · 108 days on market
listed by ROD WILSON, ROYAL LEPAGE COMMUNITY REALTY
Investment Opportunity – Full Duplex with Excellent Parking & Low-Maintenance YardThis well-designed full duplex offers a total of 1,558 sq. ft. of living space, providing a functional layout that's ideal for homeowners, multi-generational living, or investors.The main floor features a spacious living room, a bright and open kitchen, a convenient 2-piece bathroom, and one bedroom. The fully developed lower level includes two additional bedrooms, a 4-piece bathroom with laundry, and a utility room, offering comfortable living space for the whole family.Parking is plentiful, with a two-car front driveway providing one dedicated parking space for each unit. At the rear, you'll find a detached double garage with a single garage bay for each side, plus an additional parking pad leading to each garage stall. One side of the garage also includes the added bonus of a root cellar, perfect for extra storage or preserving garden produce.The fully fenced yard is designed for low-maintenance living, making it easy to enjoy the outdoor space with minimal upkeep.Whether you're looking to live in one side and rent the other or add a solid income property to your portfolio, this duplex offers versatility, practicality, and excellent value. New shingles were installed in 2025. Rents is currently $900.00 for one side (tenant does yard maintenance) and $1025.00 for the other. Title Insurance will be offered in lieu of a Real Property Report.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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about $5,530 a year
The asking price times Medicine Hat's 2026 residential rate of 9.55 per $1,000 (municipal and education).
The listing shows $4,005 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 57/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 7 parks and playgrounds, 3 schools.
mihom score from OpenStreetMap places, by straight line distance.