Browse listings

406 3 Street NW, Manning

$379,500

About this property

Excellent investment opportunity! This well-maintained fourplex features four identical units, each offering 3 bedrooms and 1.5 bathrooms, and the convenience of in-suite laundry. Every unit has its own private entrance with concrete sidewalks, providing added privacy and easy access for tenants. Numerous recent capital improvements add to the property's value and peace of mind, including new furnace and hot water tank in unit #3 in 2024, new sump pump installed outside complex in 2025 and new Tex decking with durable metal railings completed on Units 3 and 4 in 2025. Ideally situated in the desirable Northwest area of town, this income-producing property is within walking distance of the hospital, downtown amenities, shopping, and services. Whether you're looking to expand your investment portfolio or own a solid multi-family property with quality updates already completed, this fourplex is one you won't want to miss!

Essential information

MLS® number
A2332855
Status
Active
Price
$379,500
Property type
Multi-Family
Type
4 plex
Transaction
For Sale
Restrictions
None Known
Living area
2,636 sq ft
Lot size
5,298 sq ft
Year built
1981
Structure
Four Plex
Listing brokerage
RE/MAX Grande Prairie
Source
Pillar 9™ MLS® System

Interior

Laundry
Main Level
Included
4 Fridges, 4 Stoves, 4 Washing Machines, 4 Dryers

Exterior and construction

Roof
Asphalt Shingle
Zoning
R2

Parking

Total parking
4

Community

City
Manning
Province
AB
Postal code
T0H 2M0

Where it is

Loading map…

Approximate location, plotted from the listing’s own coordinates.

Investment calculator

Cap rate, cash flow and the coverage ratio a commercial lender will look at first.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

The purchase

$
%
%
%
yrs

The building

$
%
$
Cap rate—
Cash on cash—
Net operating income
—
Mortgage payment monthly
—
Annual debt service
—
Cash flow monthly, before tax
—
Cash in the deal
—
Loan amount
—
Debt service coverage —

—

An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.

Tell me when another one comes up

Leave your details and Satyam will let you know as soon as a new listing in multi-family buildings in Manning reaches the market — often before it is advertised anywhere else.

We’ll email you once to confirm. No account, nothing to log in to, and the listings stay open to everyone either way.

✓

You are on the list.

You will hear the moment a new listing in multi-family buildings comes up.

Similar properties to MLS® #A2332855

MLS® data last updated Nov 8, 2026, 1:10 a.m. (Mountain Time).

Call WhatsApp Email Instagram