1501 16 Avenue S, Lethbridge

2026-09-29

1501 16 Avenue S, Lethbridge, Alberta

1675 ft² 2 Garage
For Sale Multi-family
$525,000

MLS®#A2337987

Discover the possibilities at 1501 16 Avenue S. This full duplex in south Lethbridge offers two complete, single level homes in one sale. Each unit features two bedrooms, a four piece bathroom, a kitchen, a comfortable living area, and its own laundry. One unit also includes a pantry and a walk-in closet in the primary bedroom.Mature trees lend the property a welcoming feel, while yard space, off street parking, and nearby parks add to its everyday appeal. The heated triple garage has no windows for added privacy. It is currently unrented, although a request has been made to rent it for $600 per month.Each unit rents for $1,375 per month, providing $33,000 in annual gross rental income from the duplex. Whether you’re expanding your investment portfolio or considering a property where you could eventually live in one unit and rent the other, this duplex is worth a closer look. Book a viewing with your favourite REALTOR® today! (id:32467)

Building Multi-family
Rooms
Bedrooms
Bathrooms 0
Square Footage 1675 ft²
Built in 1941
Parking Type 2
Neighbourhood Lethbridge

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How much could you save in commission selling with One Percent Realty?

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Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 3% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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Q.
What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

Q.
What do you charge?

For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

Q.
Are your listings on MLS® and realtor.ca?

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.

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