Multi-Family Buildings For Sale

4200 30 Street, Vernon: $3,265,000

Thu, 17 Sep 2026 00:00:00 GMT

Multi-family. Listed at $3,265,000. INVESTORS TAKE A LOOK! Forge Commons is being offered as a rare opportunity to acquire all five brand-new townhomes as one multi-family investment package. Five modern, pet-friendly, 3-bedroom + den/office townhomes in a convenient Vernon location. Each unit offers spacious open-concept living, modern finishes, 2.5 bathrooms, dedicated parking, and layouts that work exceptionally well for families, professionals, and long-term tenants. The location adds another layer of appeal. Close to schools, shopping, restaurants, recreation, arena, performing arts centre and Vernon’s new active living facilities, Forge Commons puts tenants close to the things that matter most. For an investor, the opportunity is simple: five brand-new homes, strong rental potential, low-maintenance construction, and a product that should appeal to a broad tenant pool. Pet-friendly, family-friendly and built for modern living. Five units. One opportunity. A turnkey multi-family investment in the heart of Vernon. (id:2493)

117 Vermillion Avenue, Princeton: $1,049,000

Thu, 10 Sep 2026 00:00:00 GMT

View details here

Multi-family. Listed at $1,049,000. Total area: 8,000 sq. ft.. AN IMPRESIVE 10%+ CAP RATE INVESTMENT AND DEVELOPMENT OPPERTUNITY in the heart of Princeton! Generating approx. $12,000/month from 9 units, this property delivers strong cash flow with a significant upside. An additional approx. 3000 sq ft of unused space on the second floor provides further income potential. Extensive upgrades include new plumbing throughout, updated electrical with 7 individual meters, plus new flooring and paint in most units. Many suites have kitchen and bathroom upgrades as well.The development upside is a huge bonus, initial conceptual drawings have been complete and initial discussions with town have been conducted with huge support. Princeton is a pro development community experiencing major growth, with new builds up to 6 storeys. There is a sever housing shortage and the vacancy rate is below 1%, Princeton is quickly becoming a market for developers and investors. Strong income and incredible future value. (id:2493)

282 97B Highway, Enderby: $3,000,000

Fri, 14 Aug 2026 00:00:00 GMT

View details here

Multi-family. Listed at $3,000,000. Outstanding Revenue Property located minutes from Gardom Lake! This 3.48-acre, highway commercial zoned lot comes improved with 19 separate residential suites featuring eleven (11) mobile homes, three (3) cabins, including a duplex cabin, two (2) suites above grade in the shop & two (2) pad rentals. All units are serviced with water and septic, cablevision, natural gas, electrical, gravel driveways & landscaping. Given the location along the well-traveled highway corridor between Enderby & Salmon Arm and given the sites’ highway commercial zoning with +/- 380 ft of highway frontage & service road, a range of possible service, recreation or retail-oriented uses would be feasible, including servicing the on-going demand for RV/Cabin-based lodging. Site improvements include two (2) drilled wells, several septic systems servicing the 19 units + three (3) transformers & 400-amp service provide plenty of power & water. The property has benefitted from a regular schedule of maintenance & upgrades. Also included is an +/- 1,980 SF shop building with 16ft ceilings, mechanical room + two (2) bachelor suites above grade. Opportunities to acquire income producing assets with flexible highway commercial zoning like this rarely come to market. The property produces $221,972.52 of gross annual revenue. Surplus land may be suitable for mobile home park expansion or some other use within the permitted C-2 zoning. (id:2493)

43 & 83 Calgary Avenue, Penticton: $10,500,000

Tue, 11 Aug 2026 00:00:00 GMT

View details here

Multi-family. Listed at $10,500,000. Introducing 43 and 83 Calgary Avenue Apartments, a very special 55+ collection centrally located in Penticton, just steps from all essential amenities, offering safe and convenient senior rental living. Both buildings are in excellent condition and together comprise 46 units: 3 studios, 17 one-bedroom, and 24 two-bedroom apartments, each featuring pleasant and highly desirable layouts. Thanks to its prime location and the distinctive appeal of a 55+ community, this property represents a rare opportunity for investors seeking stable, high-demand rental housing. Suites lease quickly upon availability, providing consistent income and an opportunity to adjust rents to market levels. (id:2493)

3601 31 Street, Vernon: $945,000

Wed, 05 Aug 2026 00:00:00 GMT

View details here

Multi-family. Listed at $945,000. Total area: 2,500 sq. ft.. Great investment opportunity in Downtown Vernon! Central location right near Civic Memorial Park, and the Vernon Tourism Office. A nicely renovated 6-Plex which includes 5 x 1 Bedroom Suites, as well as 1 Bachelor suite. Fully rented with great tenants, ( 2026 projected rental Income ) $6,164 total per month ($73,968 per year) , of rental income. Easy to manage building, with the location & affordability, the suites rent quickly when available. Coin Operated Laundry Room. Many upgrades include paint, flooring, and 2 fireplaces. Zoning CMUB ( Commercial Mixed Use Buisness) allows for many uses see supplements for list of permitted uses. (id:2493)

1604 31 Street, Vernon: $9,630,000

Fri, 08 May 2026 00:00:00 GMT

View details here

Multi-family. Listed at $9,630,000. Rare multifamily opportunity of scale in Vernon, British Columbia. This well-maintained 49-suite apartment building, situated on a 40,827 SF lot, offers investors a compelling combination of durable in-place income, meaningful capital upgrades, and a proven path to future revenue growth. Constructed in 1973, the property has benefited from significant ownership investment, including a torch-on roof replacement (2019), a new hydraulic elevator system with cab control panel (2020), new common area flooring and paint, exterior driveway re-pave and re-line, and a modern IBC on-demand hot water and heating system, materially improving long-term operational efficiency and reliability. (id:2493)

909 Fairview Road, Penticton: $3,250,000

Wed, 06 May 2026 00:00:00 GMT

View details here

Multi-family. Listed at $3,250,000. Well-maintained two-storey apartment building in a prime walkable location — steps from downtown Penticton and all essential amenities. The property comprises 18 one-bedroom units, seven of these have been fully remodelled with updated kitchens, bathrooms, flooring, and paint. Recent capital improvements include a new boiler and pumps, hot water tank, additional laundry appliances, and a refurbished lobby with secure mailboxes. With no balconies or elevator, the building is exceptionally low-maintenance and operationally efficient. More than half the units remain substantially below market rent, and the property re-leases quickly with minimal vacancy exposure — each turnover a mark-to-market opportunity. Strong occupancy underpins stable cash flow, with a projected capitalization rate of 7.31% at full market rents (id:2493)

350, 380, 351, 381 Shuswap and 1st Street SE, Salmon Arm: $2,590,000

Tue, 05 May 2026 00:00:00 GMT

View details here

Multi-family. Listed at $2,590,000. Total area: 9,400 sq. ft.. This 1.22 acre assembly represents current investment revenue for immediate cash flow, coupled with the possibility of future development to high density. Situated in walkable location, in close proximity shopping centers and downtown Salmon Arm. The site currently consists of four lots under four separate titles, featuring a total of 16 rental units organized into four well-maintained fourplexes. These units are occupied by stable, long-term tenants on month-to-month agreements, providing a reliable revenue stream, currently providing an estimated 5.5% Cap Rate. The makeup consists of 15 two bedroom apartments and 1 one bedroom apartment, ranging in size from 450 square feet to 850 square feet. There is 1 two story home with 4 units, two one level with 4 units on crawl spaces and another one level on a full basement. The full basement has a shop space, storage and a shared laundry for the tenants providing another source of revenue. Designated parking and easy access for all tenants. The future potential of the combining of the lots and rezoning to a higher density is part of the Official Community Plan for Salmon Arm and lends itself to many different options to find the right project. (id:2493)

3710-3712 24 Avenue, Vernon: $2,200,000

Tue, 05 May 2026 00:00:00 GMT

View details here

Multi-family. Listed at $2,200,000. Investors. How interested would you be in an investment 2 bedroom townhome for only $157,143? How about 14 of them, all at $157,143? 14 separately titled strata townhome properties in 2 separate twin buildings of 7 units each offered as one package. Each unit is currently rented with monthly rents between $800.00 and $1600.00 and averaging $1179.00 per month. Each building consists of 4 near identical 2 bedroom and 1 bath 712 sq ft ground floor units and 3 upper level 2 bedroom 1 bath units averaging approximately 820 sq ft for approx. 5300 sq ft of living area per building. Good location, on the bus route and convenient to all that Vernon has to offer. Property is flat, fully usable and has a creek at the rear. Note not a foreclosure but a court ordered sale and priced to go. This property needs work but huge upside potential for someone to inject some capital and invest some time and sweat equity. Great for a solo investor, a group of friends or like minded partners, or a charity or non profit organization looking for multiple properties in 1 location. The present Vernon vacancy and rental market is quite healthy and still is a bit of a ""landlord's market"". Please note at this time the offering is only for all 14 units as 1 package. Call or visit our web page for more info, a full package or to book a viewing. (id:2493)

231 Finlayson Street, Sicamous: $1,855,000

Mon, 13 Apr 2026 00:00:00 GMT

View details here

Multi-family. Listed at $1,855,000. Total area: 6,949 sq. ft.. This well maintained 10-unit multi-family residential complex is ideally located within walking distance to Sicamous Town Beach, offering a rare investment opportunity with strong revenue potential and a welcoming community atmosphere. Comprised of six detached buildings, the property features a diverse mix of 1-, 2-, and 3-bedroom units, each with its own individual hydro meter. Significant updates have already been completed, including newer windows and doors, with more than half of the units partially or fully renovated—providing a turnkey opportunity for investors. The complex includes a thoughtfully converted former retail building now housing four bright, modern units with clean, white interiors. In addition, five separate freestanding homes offer six more rental units, each with its own unique character and private outdoor space. Tenants benefit from shared access to a generously sized storage shed and ample on-site parking. This is an exceptional opportunity to acquire a versatile, income-generating property in a desirable location. Cap Rate on list price is 7.1%. (id:2493)

5513 Prosh Frontage Road, Sicamous: $1,099,000

Fri, 20 Mar 2026 00:00:00 GMT

View details here

Multi-family. Listed at $1,099,000. This 6.49 acre property with 4 cabins and a mobile home with long term tenants in place generates $6,100 per month of rental income. 4 super cute 1 bedroom cabins with three recently updated including new kitchens, new counters, new flooring, fresh paint and new light fixtures. Private setting just off TCH, backing onto Perry River, is close to Revelstoke, Crazy Creek, world class sledding and Mustang Powder skiing. This would make a great spot to add a home as a principal residence, with potential to add more rentals or create a campground. Truly a beautiful property with good cash flow and lots of potential. (id:2493)

408 Royal Avenue, Kelowna: $1,575,000

Fri, 20 Feb 2026 00:00:00 GMT

View details here

Multi-family. Listed at $1,575,000. COMPETIVELY PRICED! With only steps to the beach and the trendy Pandosy Village, this rare development site is strategically located directly across from the Kelowna General Hospital making it an impressive income producing or holding property opportunity. It offers an unparalleled opportunity for up to 16 to 20 high demand residential units, mixed commercial or medical/hospital related uses. The .2 acre corner lot is situated within the 400m TOA allowing for more buildable sqft and no parking required for residential developments. Current 5 bedroom/3 bathroom 2,300 sqft home. Be a part of the growing Kelowna Health District! (id:2493)

205 Highway 33 E, Kelowna: $7,750,000

Tue, 16 Dec 2025 00:00:00 GMT

View details here

Multi-family. Listed at $7,750,000. RARE OKANAGAN OFFERING! Prime 29-unit apartment building with a mix of bright and spacious units, with majority being 2 bedrooms. This well-constructed and well-maintained complex has a completely brand new (2019) entire 3rd floor. The large lot at .95 acres offers ample parking and an impressive future development opportunity. Being only steps to the Rutland core with all amenities like shops, food and entertainment makes this an attractive spot. Schools, bus routes and parks nearby with easy access to Big White Ski Resort and the International Airport. A long term, strong tenant mix and consistent low vacancy. Terrific investment opportunity. Don’t miss it! Package available. Contact listing agents. (id:2493)

1310 108 Avenue, Dawson Creek: $449,900

Thu, 20 Mar 2025 00:00:00 GMT

View details here

Multi-family. Listed at $449,900. Total area: 2,500 sq. ft.. Looking for a rental investment? This could be the one! This centrally located 4 plex and house package sits on just over an acre of land that backs onto the creek. The 4 plex consists of four, one bedroom, one bathroom units with individual parking spots. The house offers three bedrooms, one bathroom and a partially finished basement. This property is located close to schools, parks, and the hospital. Call today for more information! (id:2493)

85 Ernest Avenue, Beaverdell: $499,000

Tue, 09 May 2023 00:00:00 GMT

View details here

Multi-family. Listed at $499,000. Total area: 0 sq. ft.. INVESTORS/RETIREE WANT TO BE! Mobile home park, Main home with 5 mobile homes, each home has 2 bedrooms and 1 bathroom, also has 10 storage lockers, 65,000 annual Gross income. Zero vacancy rate, Tenants are long term and amazingly work together to form their small community. Well produces plenty of water and has a water license, new water lines and septic in 2025. most tenants have their own gardens and the u/g sprinklers are on timers. Huge Shop for parking/projects/storage . 3 septic tanks to accommodate all residents. just a little over one hour to either Osoyoos or Kelowna . Less than an hour to Big White or the Midway border crossing; Mobile Home Park (id:2493)