Well-maintained 10-unit multifamily building in the heart of Marpole. Built in 1996 on a 4,940 sq ft lot at Granville & 71st, this 4-level property with elevator features 8 parking stalls and recent roof upgrades. The building includes one bachelor suite and nine spacious one-bedroom units ranging from 380 sq ft to 480 sq ft, each with its own hot water tank. Tenants pay their own hydro, ensuring low maintenance costs. Generates approximately $160,000 annual gross income with long-term stable tenants. Zoned RM-3A under the Marpole Community Plan, offering excellent holding income and future redevelopment potential with increased density options (verify with City). Minutes to YVR Airport, Hwy 91, and Downtown Vancouver. Don’t miss this rare chance to own a revenue-generating property.
Data was last updated September 16, 2025 at 01:40 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$980,100
Min list price:
$720,300
Max list price:
$3,473,400
Avg days on market:
258
Min days on market:
224
Max days on market:
1,491
Avg price per sq.ft.:
$1,147.27
These statistics are generated based on the current listing's property type
and located in
Marpole. Average values are
derived using median calculations. This data is not produced by the MLS® system.