$895,000
FOR SALE

Multiplex

3291 3rd Ave
Port Alberni, BC V9Y 4C9

MULTI-UNIT LISTING IN PORT ALBERNI, THREE ADDRESSES, TWO HOUSES. Strong revenue property generating $6,150 per month with a 5.78% cap rate, offering solid income potential for investors. Long-term tenants are already in place and would like to stay, providing a reliable cash flow. This unique holding includes two houses on two separate lots with three civic addresses and convenient access from 3rd Ave, Strathern, and the back alley. The property enjoys ocean and mountain views and is located outside the tsunami zone. Each suite includes its own washer and dryer, and the duplex units have separate hydro meters. The property has been extremely well looked after over the years with many updates and improvements completed throughout. A freestanding carport with lockable storage units and power provide additional utility and storage. With steady rental history, flexible lot configuration, and strong income, this is a great opportunity for investors looking to add doors to their portfolio. (id:47421)
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Listed By Royal LePage Island Living (PK)
Data Provided By Vancouver Island Real Estate Board
MLS® Listing Number 1028449
Last Updated Apr 23, 2026
Property Summary
Property Type Multiplex

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Neighbourhood Port Alberni
Price History

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Detailed Information
Features Cul-de-sac, Level lot, Corner Site
Listing Contract Date 2026-03-06
Municipal ID 004-654-331
Ownership Type Freehold
Property Type Multi-family
Transaction Type For sale
Views Mountain view, Ocean view
Zoning Description R
Zoning Unknown
Building
Cooling Type Air Conditioned
Heating Fuel Electric
Heating Type Baseboard heaters, Heat Pump
Size (Exterior) 3418 square feet
Type Multi-Family

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