$399,000
FOR SALE

Multi-Level

Bedrooms: 5+2Bathrooms: 4

320075 Range Road 240 #1-4
Rural Kneehill County, AB T0M 1A0

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:47421)
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Listed By CIR Realty
Data Provided By Central Alberta REALTORS® Association
MLS® Listing Number A2278728
Last Updated Apr 29, 2026
Property Summary
Property Type Other

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Detailed Information
Bedrooms 5+2
Bathrooms 4
Features Level
Listing Contract Date 2026-01-12
Municipal ID 0018781609
Ownership Type Freehold
Property Type Single Family
Structures Deck
Transaction Type For sale
Zoning Description CR
Building
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
Total Finished Area 3368.7 sqft
Type Apartment
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
OtherBasement8.83 Ft x 7.25 Ft
Recreational, Games roomBasement23.08 Ft x 13.92 Ft
KitchenBasement10.42 Ft x 13.92 Ft
BedroomBasement13.08 Ft x 13.92 Ft
DenBasement6.67 Ft x 13.75 Ft
BedroomBasement9.42 Ft x 14.67 Ft
4pc BathroomBasement14.25 Ft x 6.17 Ft
Laundry roomBasement19.00 Ft x 8.75 Ft
StorageBasement22.58 Ft x 10.92 Ft
FurnaceBasement17.08 Ft x 14.17 Ft
StorageBasement8.08 Ft x 14.17 Ft
Living roomMain level15.42 Ft x 15.75 Ft
KitchenMain level7.58 Ft x 14.08 Ft
Dining roomMain level6.92 Ft x 15.42 Ft
DenMain level7.58 Ft x 12.25 Ft
BedroomMain level12.58 Ft x 13.67 Ft
BedroomMain level15.58 Ft x 11.42 Ft
4pc BathroomMain level7.33 Ft x 7.33 Ft
OtherMain level10.92 Ft x 14.83 Ft
KitchenMain level14.50 Ft x 11.50 Ft
Living roomMain level10.92 Ft x 13.00 Ft
Dining roomMain level9.00 Ft x 13.00 Ft
BedroomMain level11.25 Ft x 10.67 Ft
BedroomMain level10.83 Ft x 10.67 Ft
BedroomMain level10.83 Ft x 10.58 Ft
4pc BathroomMain level6.58 Ft x 8.00 Ft
Recreational, Games roomMain level14.50 Ft x 19.92 Ft
DenMain level7.75 Ft x 9.33 Ft
KitchenMain level9.00 Ft x 13.00 Ft
3pc BathroomMain level8.67 Ft x 5.00 Ft
StorageMain level10.75 Ft x 7.92 Ft
StorageMain level10.58 Ft x 13.33 Ft
Parking Spaces
Name Spaces
None
Land
Total Size 4 acres
Acreage Yes
Fence Type Partially fenced
Disposition Features Cleared
Sewer Septic tank
Size of Irregular Land 4.00

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