The Opportunity

Overview

FULL DUPLEX—ONE TITLE, TWO GREAT OPPORTUNITIES!Whether you’re looking to expand your rental portfolio, live on one side while renting the other, or keep extended family close by, this full bungalow-style duplex offers outstanding flexibility. Each unit features 4 bedrooms, 2 bathrooms, spacious bedrooms and a generous living room. The west unit, 3319, includes updated vinyl plank flooring on the main floor and lower level, central air conditioning -(this unit only), a new furnace, newer hot water tank and new stove. The east unit, 3321, includes a newer washer and dryer. Both sides have fenced yards and off-street parking for two vehicles. Currently rented at $1,600 plus utilities on the west side and $1,350 plus utilities on the east side, this property provides immediate rental income! Ideally located near General Stewart Elementary School, just two blocks from Henderson Lake Park, with convenient access to downtown and major routes. Not often does a full duplex on a single title come up for sale! This one is priced to sell ( $270,000 per side) on a massive lot! A versatile South Lethbridge investment with plenty of potential! Call your Realtor today! (id:61970)

Investment highlights

01Multi-family

Property details

Property type: Multi-family
Transaction: For sale
Site area: 7,905 square feet
Listing brokerage: SUTTON GROUP - LETHBRIDGE
Listing representative: LEZLEE HENINGER
Board / association: Lethbridge

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Financial information

Asking price$540,000

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Location intelligence

3319 - 3321 5A Avenue S
Lethbridge, Alberta T1J0Y4

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial buyer representationAcquisition scope, agency, conflicts, information, compensation and exit →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Selling commercial propertyOwner objectives, evidence, marketing, offers and closing →Commercial pricing and positioningProperty interest, buyer audience, evidence and launch strategy →Commercial offering memorandumSource control, analysis, privacy, attribution and corrections →Public vs. confidential marketingReach, disclosure, qualification and reporting controls →Buying tenant-occupied commercial propertyLease, rent roll, tenant evidence and closing continuity →Triple net lease investmentsExpense allocation, tenant covenant, remaining term and owner exposure →Commercial lease rollover riskExpiries, renewal uncertainty, downtime and leasing capital →Commercial tenant covenant reviewLegal obligors, payment evidence, financial capacity and privacy →Lease security and letters of creditAmount, custody, expiry, draw and closing transfer →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 30225034
Last supplied (UTC): October 21, 2026
Listing brokerage: SUTTON GROUP - LETHBRIDGE
Listing representative: LEZLEE HENINGER
Board / association: Lethbridge

Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.

Listing brokerage: SUTTON GROUP - LETHBRIDGE · Listing representative: LEZLEE HENINGER · Board/association: Lethbridge · Updated (UTC): Oct 21, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.