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1920 31 Street SW
Killarney/Glengarry Calgary T3E 2M9

$1,599,999
Multi-Family 2,214 sq. ft. built: 1979

Main Photo: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 1: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 2: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 3: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 4: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 5: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 6: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 7: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 8: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 9: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 10: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 11: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 12: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 13: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 14: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 15: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 16: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 17: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 18: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 19: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 20: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 21: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 22: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 23: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 24: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 25: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Photo 26: 1920 31 Street SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2348979
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2348979
Year Built:
1979
Ideally located in the highly desirable inner-city community of Killarney, just steps from vibrant 17th Avenue, this turnkey 4-plex offers the stability, upside, and value that serious investors look for. Stability comes first: all four units are 3-bedroom suites on fixed-term leases, a significant differentiator from the 2-bedroom units that make up much of the competing multi-family inventory. Larger layouts appeal to families, roommates, and long-term tenants, helping support consistent occupancy and dependable income. Each fully self-contained unit offers between 997–1,043 sq ft of well-designed living space with 3 bedrooms, 1 full bathroom, and in-unit laundry, and has been updated with durable vinyl plank flooring for a modern, low-maintenance finish. Every suite is separately metered with its own furnace and hot water tank, so tenants pay their own utilities, keeping operating costs predictable and management simple. The two upper units feature charming wood-burning fireplaces and sunny private balconies, while all residents enjoy outdoor backyard space and additional storage in the on-site shed. Four rear parking stalls provide one assigned stall per unit, with ample street parking out front for guests. Recent concrete repair work around the building has improved lot grading and drainage, protecting the property and minimizing future maintenance. The property currently generates $8,050 per month in rental income, averaging roughly $2,010 per unit, leaving clear upside as leases renew and rents move toward current market rates of $2,500+ for 3-bedroom units in the area, a meaningful opportunity to grow income without major capital investment. With updated units, separate utilities, recent exterior improvements, and all four units occupied, this is a turnkey, cash-flow-positive asset that lets a new owner step in with secure income from day one. Situated within walking distance of transit, schools, parks, and countless amenities, the location offers quick access to downtown while being moments from the restaurants, cafés, boutiques, and nightlife that make 17th Avenue one of Calgary's most dynamic destinations. Whether you're expanding your portfolio or securing a multi-family asset in a high-demand rental area, this Killarney 4-plex delivers stable income today and lasting investment potential for tomorrow.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Possession Date:
Total Living Area:
2,214.25 sq. ft.
Main Level Finished Area:
2,214.25 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
2,205.97 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,995 sq. ft.
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
1979 (Age: 47)
Bathrooms:
- (Full:-, Half:-)
Plan:
5980AM
Heating:
Forced Air
Foundation:
Poured Concrete
Construction Material:
Concrete, Stucco
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Vinyl
Cooling:
None
Garage:
No
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Unit
Southwest
Killarney/Glengarry
Range, Refrigerator, Washer/Dryer
Shed
None Known
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Exterior Features:
Lighting, Private Yard, Storage
Lot Features:
Back Lane, Back Yard, Landscaped, Lawn
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C1
Listed Date:
Sep 30, 2026
Days on Mkt:
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Listed by eXp Realty
Data was last updated October 2, 2026 at 12:05 PM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$2,999,999
Min list price:
$1,199,900
Max list price:
$12,499,999
Avg days on market:
57
Min days on market:
1
Max days on market:
441
Avg price per sq.ft.:
$608.41
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations. This data is not produced by the MLS® system.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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