1-4, 320075 Range Road 240 Rural Kneehill County, Alberta T0M 1A0
$475,000
A rare 4 Plex on 4 acres just minutes north of Three Hills, Alberta, this 4-acre country residential property offers an opportunity to own a four-plex on acreage within walking distance to downtown amenities, schools, and services. Originally built in 1947 and later converted to a four-unit dwelling, this property blends rural space with small-town convenience in a vibrant, growing community. It is priced below appraisal with repositioning potential. Use the extra land for added income such as RV storage, horse or livestock boarding. The building is configured as a four-plex consisting of two main-floor units, one upper-level unit, and one basement unit, each with its own unique layout and character. All units are currently rented on one-year leases, generating steady income, with the seller preferring to sell with tenants in place. Possession is flexible and may be fast, subject to tenancy.Utilities are combined for the building and currently included in rent, making this property attractive for buyers seeking a simplified management setup. Heating is provided by three natural gas furnaces, with town water supplied by Kneehill County, and a tank & open-discharge septic system that is regularly maintained and pumped annually. There are no active wells on the property.The property includes shared laundry facilities in the basement (1 washer & 1 dryer) (id:49203)
Property Details
| MLS® Number | A2278728 |
| Property Type | Single Family |
| Features | Level |
| Structure | Deck |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 7 |
| Appliances | Washer, Dryer |
| Architectural Style | Multi-level |
| Basement Development | Finished |
| Basement Features | Separate Entrance, Walk Out |
| Basement Type | Full (finished) |
| Constructed Date | 1947 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Wood Siding |
| Flooring Type | Linoleum, Wood |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters |
| Size Interior | 3,369 Ft2 |
| Total Finished Area | 3368.7 Sqft |
| Type | Apartment |
| Utility Water | Municipal Water |
Parking
| None |
Land
| Acreage | Yes |
| Fence Type | Partially Fenced |
| Land Disposition | Cleared |
| Sewer | Septic Tank |
| Size Irregular | 4.00 |
| Size Total | 4 Ac|2 - 4.99 Acres |
| Size Total Text | 4 Ac|2 - 4.99 Acres |
| Zoning Description | Cr |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Other | 8.83 Ft x 7.25 Ft | ||
| Basement | Recreational, Games Room | 23.08 Ft x 13.92 Ft | ||
| Basement | Kitchen | 10.42 Ft x 13.92 Ft | ||
| Basement | Bedroom | 13.08 Ft x 13.92 Ft | ||
| Basement | Den | 6.67 Ft x 13.75 Ft | ||
| Basement | Bedroom | 9.42 Ft x 14.67 Ft | ||
| Basement | 4pc Bathroom | 14.25 Ft x 6.17 Ft | ||
| Basement | Laundry Room | 19.00 Ft x 8.75 Ft | ||
| Basement | Storage | 22.58 Ft x 10.92 Ft | ||
| Basement | Furnace | 17.08 Ft x 14.17 Ft | ||
| Basement | Storage | 8.08 Ft x 14.17 Ft | ||
| Main Level | Living Room | 15.42 Ft x 15.75 Ft | ||
| Main Level | Kitchen | 7.58 Ft x 14.08 Ft | ||
| Main Level | Dining Room | 6.92 Ft x 15.42 Ft | ||
| Main Level | Den | 7.58 Ft x 12.25 Ft | ||
| Main Level | Bedroom | 12.58 Ft x 13.67 Ft | ||
| Main Level | Bedroom | 15.58 Ft x 11.42 Ft | ||
| Main Level | 4pc Bathroom | 7.33 Ft x 7.33 Ft | ||
| Main Level | Other | 10.92 Ft x 14.83 Ft | ||
| Main Level | Kitchen | 14.50 Ft x 11.50 Ft | ||
| Main Level | Living Room | 10.92 Ft x 13.00 Ft | ||
| Main Level | Dining Room | 9.00 Ft x 13.00 Ft | ||
| Main Level | Bedroom | 11.25 Ft x 10.67 Ft | ||
| Main Level | Bedroom | 10.83 Ft x 10.67 Ft | ||
| Main Level | Bedroom | 10.83 Ft x 10.58 Ft | ||
| Main Level | 4pc Bathroom | 6.58 Ft x 8.00 Ft | ||
| Main Level | Recreational, Games Room | 14.50 Ft x 19.92 Ft | ||
| Main Level | Den | 7.75 Ft x 9.33 Ft | ||
| Main Level | Kitchen | 9.00 Ft x 13.00 Ft | ||
| Main Level | 3pc Bathroom | 8.67 Ft x 5.00 Ft | ||
| Main Level | Storage | 10.75 Ft x 7.92 Ft | ||
| Main Level | Storage | 10.58 Ft x 13.33 Ft |
https://www.realtor.ca/real-estate/29250696/1-4-320075-range-road-240-rural-kneehill-county
Contact Us
Contact us for more information
Blane Friesen
Associate
2, 4405 - 52 Avenue
Red Deer, Alberta T4N 6S4
(403) 358-3883
(403) 250-3226
www.cirrealty.ca/
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January 16 2026 03:46:18
Central Alberta REALTORS® Association
Cir Realty