$549,900
3151 4th Ave
Beds
5
Baths
2
Sqft
—
Year
1976
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Centrally Located Home with Two Suites, This approximately 2,000 sq.ft. home offers two suites & is centrally located near Port Alberni’s Harbour Quay, with convenient access to the waterfront, shopping, & services. Large over sized carport detached with alley access. The main floor features a living room, kitchen with adjoining eating area and sliding door access to a patio with mountain & inlet views. This level also includes three bedrooms, a four-piece bathroom, & access to the rear of the property. The lower level includes a living room, kitchen with eating area, two bedrooms, a four-piece bathroom, & a large shared laundry room. Currently owner occupied, the layout provides flexibility for a variety of uses. With two suites & separate living spaces, the property may appeal to buyers looking to generate rental income, accommodate extended family, or occupy one level while renting the other. In today’s rental market, properties with multiple living areas continue to be in demand. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Port Alberni
- Common interest
- Freehold
- Living area
- 2,000 square feet
- Lot size
- 5,500 square feet
- Lot dimensions
- 5500
- Parking
- 2 total
- Fireplace
- 1
- On market
- Mar 27, 2026
- Status changed
- Apr 18, 2026
- Annual tax
- $3,002.58
- Zoning
- Residential
- Photos
- 30
- MLS#
- 1030130
- Area
- PORT_ALBERNI
Features and systems
Parking
Heating
Cooling
Lot
View
Cash on cash
-6.36%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,914
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Port Alberni. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 18, 2026.