01 / Property Detail
ORIOLE PARK
38 Ogden Avenue , Red Deer, AB
$219,000
Residential · MLS® A22885074Bedrooms
1Bathrooms
982Sq Ft
2Garage
1969Year Built
02 / Overview
PROPERTY OVERVIEW
Great Opportunity for First-Time Buyers, Investors, or Renovators!
Welcome to this 3-bedroom, 1-bathroom half duplex offering incredible potential and value. Whether you're looking for your first home, a solid investment property, or a project to renovate and build equity, this property checks all the boxes.
The main floor features three comfortable bedrooms, a functional layout, and plenty of natural light. The partially finished basement offers additional space with room to expand, customize, or create additional living areas to suit your needs.
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03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeDuplex
Total Finished Area982 sq ft
Lot Size3,600 sq ft
ZoningR-D
HeatingForced Air • Natural Gas
CoolingNone
ParkingAdditional Parking • Alley Access • Gravel Driveway • Off Street
ExteriorNone
BasementFull
Year Built1969
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$949After mortgage & expenses
Cap Rate9.7%Based on market rents
Cash on Cash Return26.0%With 20% down payment
Est. Monthly Rent$1,919Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
ORIOLE PARK
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Jason Walz · LPT Realty