4-Plex Investment Property in Vernon’s Growing Core
A great opportunity to invest in one of Vernon’s up-and-coming neighbourhoods. This 0.35-acre property features a well-maintained 4-plex with over 4,600 sq. ft. of total space. Each suite offers 2 spacious bedrooms, a full bathroom, and in-unit laundry/storage, all accessed through a shared central hallway.
Two units have been recently renovated, and both upper suites feature new decks. There’s plenty of parking at the rear and on the street. Current rents are significantly under market—three units are over $700 below potential—offering strong upside. Total monthly rent is $4,820, with tenants paying hydro.
Located close to schools, amenities, and downtown Vernon, this is a solid buy-and-hold with future growth potential in both rental income and property value.
For sale
C$899,900
1604 45th St, Vernon, BC V1T 7P8
8beds
4,660sqft
Quadruplex, Multi Family
Built in 1975
-- sqft lot
$-- Zestimate®
C$193/sqft
C$-- HOA
What's special
New decks
- 68 days
- on Zillow |
- 50 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 03:41pm
Listed by:
Dan English,
Coldwell Banker Executives Realty
Source: Association of Interior REALTORS,MLS®#: 10349715Originating MLS®#: Association of Interior REALTORS
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Level: Basement
- Dimensions: 12.33x11.33
Primary bedroom
- Level: Main
- Dimensions: 12.33x11.33
Primary bedroom
- Level: Basement
- Dimensions: 12.33x11.33
Primary bedroom
- Level: Main
- Dimensions: 12.33x11.33
Bedroom
- Level: Main
- Dimensions: 11.33x9.67
Bedroom
- Level: Main
- Dimensions: 11.33x9.67
Bedroom
- Level: Basement
- Dimensions: 11.33x9.67
Bedroom
- Level: Basement
- Dimensions: 11.33x9.67
Dining room
- Level: Main
- Dimensions: 8.50x8.50
Dining room
- Level: Basement
- Dimensions: 8.50x8.50
Dining room
- Level: Basement
- Dimensions: 8.50x8.50
Dining room
- Level: Main
- Dimensions: 8.50x8.50
Other
- Level: Basement
- Dimensions: 0 x 0
Other
- Level: Basement
- Dimensions: 0 x 0
Other
- Level: Main
- Dimensions: 0 x 0
Other
- Level: Main
- Dimensions: 0 x 0
Kitchen
- Level: Main
- Dimensions: 9.17x8.50
Kitchen
- Level: Basement
- Dimensions: 9.17x8.50
Kitchen
- Level: Main
- Dimensions: 9.17x8.50
Kitchen
- Level: Basement
- Dimensions: 9.17x8.50
Laundry
- Level: Basement
- Dimensions: 7.50x7.00
Laundry
- Level: Basement
- Dimensions: 7.50x7.00
Laundry
- Level: Main
- Dimensions: 7.50x7.00
Laundry
- Level: Main
- Dimensions: 7.50x7.00
Living room
- Level: Main
- Dimensions: 18.00x15.00
Living room
- Level: Main
- Dimensions: 18.00x15.00
Living room
- Level: Basement
- Dimensions: 18.00x15.00
Living room
- Level: Basement
- Dimensions: 18.00x15.00
Heating
- Baseboard
Cooling
- None
Features
- Basement: Full,Foyer Finished,Finished,Interior Entry,Separate Entrance
- Has fireplace: No
Interior area
- Total interior livable area: 4,660 sqft
- Finished area above ground: 2,330
- Finished area below ground: 2,330
Property
Parking
- Parking features: Rear/Side/Off Street, RV Access/Parking
Features
- Levels: Two
- Stories: 2
- Pool features: None
Details
- Parcel number: 005233747
- Zoning: MUS
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story,Fourplex
- Property subtype: Quadruplex, Multi Family
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Vernon
Financial & listing details
- Price per square foot: C$193/sqft
- Annual tax amount: C$3,613
- Date on market: 5/29/2025
- Ownership: Freehold,Fee Simple
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