1920 31 Street SW
Calgary, AB, T3E2M9
$1,599,999
Beds
0 Baths
2,045 SqFt
0.14 Acres
Add
MLS #A2307149 image #0
Ideally located in the highly desirable inner-city community of Killarney, just steps from vibrant 17th Avenue, this exceptional 4-plex presents a rare investment opportunity with strong existing income and long-term rental appeal. The property features four fully self-contained units, each offering between 997–1,043 sq ft of well-designed living space complete with 3 bedrooms, 1 full bathroom, and convenient in-unit laundry. All units have been updated with durable vinyl plank flooring, creating a low-maintenance and modern finish that appeals to today’s tenants. Each suite is separately metered and equipped with its own furnace and hot water tank, allowing tenants to pay their own utilities while simplifying management and operating costs for ownership. The two upper units are enhanced by charming wood-burning fireplaces and sunny private balconies, while all residents enjoy access to outdoor backyard space and additional storage with the on-site shed. The property also includes four rear parking stalls—one assigned per unit—as well as ample street parking directly out front for guests and additional convenience. Recent concrete repair work surrounding the building has improved lot grading and drainage, helping protect the property and minimize future maintenance concerns. All four units are currently occupied with tenants on fixed-term leases, generating strong and stable rental income of $8,050 per month. Situated within walking distance to transit, schools, parks, and countless amenities, this prime location offers quick access to downtown while being moments from the restaurants, cafés, boutiques, and nightlife that make 17th Avenue one of Calgary’s most dynamic destinations. Whether you’re looking to expand your portfolio or secure a turnkey multi-family asset in a high-demand rental area, this is an outstanding opportunity with immediate cash flow and lasting investment potential.

Property Details

Price:
$1,599,999
MLS #:
A2307149
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
4 plex
Subdivision:
Killarney/Glengarry
Listed Date:
May 14, 2026
Finished Sq Ft:
2,045
Lot Size:
5,995 sqft / 0.14 acres (approx)
Year Built:
1979
Killarney/glengarryBack Lane,back Yard,landscaped,lawn

Ask a Question

See this Listing

Send
  

Schools

Interior

Appliances
Range, Refrigerator
Laundry Features
In Unit

Exterior

Exterior Features
Lighting, Private Yard, Storage
Lot Features
Back Lane, Back Yard, Landscaped, Lawn
Parking Total
4
Roof
Asphalt Shingle

Financial

Map

Community

Subdivisions in Calgary

Market Summary

Current real estate data for Multi Family in Calgary as of May 23, 2026
34
Multi Family Listed
81
Avg DOM
595
Avg $ / SqFt
$2,634,705
Avg List Price

Property Summary

    Located in the Killarney/Glengarry subdivision, 1920 31 Street SW Calgary AB is a Multi Family for sale in Calgary, AB, T3E2M9. It is listed for $1,599,999 To schedule a showing of MLS#a2307149 at 1920 31 Street SW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .

Similar Listings Nearby

broker reciprocity
MLS# A2274935broker reciprocity
1-7, 2515 First Avenue NW
Calgary, AB

$1,980,000

1.3 miles away

broker reciprocity
MLS# A2305081broker reciprocity
934 5A Street NW
Calgary, AB

$1,800,000

3.0 miles away

broker reciprocity
MLS# A2303226broker reciprocity
8518 & 8520 33 Avenue NW
Calgary, AB

$1,600,000

5.0 miles away

broker reciprocity
MLS# A2311476broker reciprocity
1, 1202 2 Street NE
Calgary, AB

$1,499,000

3.7 miles away

broker reciprocity
MLS# A2297940broker reciprocity
5801/5803 Dalgleish Road NW
Calgary, AB

$1,395,000

4.8 miles away

broker reciprocity
MLS# A2308423broker reciprocity
604 69 Avenue SW
Calgary, AB

$1,299,900

4.0 miles away

broker reciprocity
MLS# A2296697broker reciprocity
6131 Bowness Road NW
Calgary, AB

$1,279,000

3.7 miles away

broker reciprocity
MLS# A2293748broker reciprocity
411 6 Street NE
Calgary, AB

$1,199,900

3.8 miles away

1920 31 Street SW
Calgary, AB