Exceptional Fourplex with Proven Income Potential. Versatile fourplex ideal for investors, multi-generational living, or owner-occupiers. Live in one unit while the others help offset your mortgage, or rent all four for steady cash flow. Over the past 10 years, renting just two units short-term has generated an average annual income of $62,000.
The well-maintained building offers two upper units with three bedrooms and two bathrooms, plus two main-floor units with one bedroom and one bathroom. All units are fully self-contained with private exterior entrances. Shared laundry and storage rooms are conveniently located on both sides of the building.
Situated on a quiet, south-facing cul-de-sac, this property enjoys a lovely ocean view—adding to the overall appeal for both residents and guests. Close to walking trails and the natural beauty of Alert Bay, just a 45-minute ferry ride from Port McNeill, with essential services and a growing eco-tourism and cultural presence.
Data was last updated April 27, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
253
Avg list price:
$749,000
Min list price:
$99,000
Max list price:
$15,488,000
Avg days on market:
73
Min days on market:
2
Max days on market:
763
Avg price per sq.ft.:
$550.91
These statistics are generated based on the current listing's property type
and located in
Islands. Average values are
derived using median calculations. This data is not produced by
the MLS® system.