8402 87 Street in Edmonton: Zone 18 House Fourplex for sale : MLS®# E4416534
What is a Fourplex?
A fourplex is a residential building divided into four separate self-contained units, making it an ideal investment for those looking to generate consistent rental income while maximizing land use. Whether you’re a first-time investor or expanding your real estate portfolio, a fourplex offers a strategic balance between affordability and revenue potential. Many new construction fourplex properties are being constructed with secondary suites providing a total of 8 rental units on one title. This allows for even greater cashflow opportunities.
Invest in Edmonton’s booming market and source high-quality, income-generating fourplexes. We will assist you in finding the right investment fit for rental potential, prime locations, and long-term value. Browse listings now to start growing your real estate portfolio.
Discover exceptional investment opportunity with this beautifully designed 4-plex with legal basement suites by House of Modernity. This property has a projected rental income of $187,000 annually. Ideally situated in a prime location, this property features four legal suites, each with 9 ft ceilings, a sophisticated 2-bedroom, 2-bathroom ensuite layout perfect for working professionals. The design accommodates individual needs while providing a separate entrance for the legal basement suite, enhancing privacy and rental flexibility. The large basement includes a bedroom and a cozy living area, ideal for additional sleeping arrangements, all highlighted by vaulted ceilings, high-end finishes, and a designer lighting package.
Property Type:
Single Family
Dwelling Type:
Quadruplex
Home Style:
2 Storey
Total Floor Area:
4,264.91 sq. ft.396 m2
Price Per SqFt:
$632.84
Total area above grade.:
4,265 sq. ft.396.22 m2
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Lot Area:
6,603.77 sq. ft.614 m2
Lot Shape:
Rectangular
Grade Level Entry:
Yes
Levels:
2
Exposure / Faces:
East
Year built:
2024
(Age: 1)
Bedrooms:
3
(Above Grd: 2)
Bathrooms:
4.0
(Full:3/Half:1)
Total Rooms Above Grade:
5
Plan:
6900R
Building Type:
4PLEX
Construction:
Wood, Vinyl
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Vinyl Plank
Heating:
Forced Air-1, Natural Gas
Parking:
Quad or More Detached
Garage:
Yes
Ensuite:
Yes
On Street Parking, Ceiling 9 ft., No Smoking Home
Bonnie Doon
Corner Lot, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
On Street Parking, Ceiling 9 ft., No Smoking Home
Corner Lot, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Data was last updated August 11, 2025 at 05:30 AM (UTC)
Area Statistics
Listings on market:
68
Avg list price:
$577,500
Min list price:
$319,000
Max list price:
$3,299,900
Avg days in system:
19
Min days in system:
2
Max days in system:
231
Avg price per sq.ft.:
$450.2
These statistics are generated based on the current listing's property type
and located in
Zone 18. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Every YEG PRO fourplex is built to impress tenants and investors alike. Here’s what you’ll get:
01.
Modern Design:
Open-concept layouts, quartz countertops, and hardwood floors.
02.
Tenant-Ready:
Includes appliances, landscaping, and separate utilities.
03.
Prime Locations:
Near schools, transit, and shopping hubs like Whyte Avenue.
Why Choose YEG MULTIFAMILY for Your Investment Property?
At YEG MULTIFAMILY, we specialize in connecting investors with high-performing multi-family properties across Edmonton—whether you’re looking for a cash-flowing duplex, a fully tenanted triplex, a low-maintenance fourplex, or a purpose-built apartment building. Our mission is simple: to make real estate investing accessible, strategic, and profitable.
What sets us apart?
We eliminate the guesswork by curating rental-ready properties in neighborhoods with strong tenant demand, walkability, and long-term growth potential. Every listing is evaluated for income performance, scalability, and ease of ownership. You get clear financials, pre-vetted opportunities, and expert support from first look to final paperwork.
Whether you’re expanding your portfolio or purchasing your first income property, YEG MULTIFAMILY offers a smarter way to invest in Edmonton real estate.
Don’t miss your chance to secure a high-performing rental property in one of Canada’s fastest-growing cities. Contact YEG MULTIFAMILY today to schedule a private tour or get matched with available duplexes, triplexes, fourplexes, or apartment buildings. Real estate success starts with the right move—and we’re here to make it seamless.