Welcome to 5138 51 Street, Olds, a BEAUTIFULLY UPDATED two bedroom BI LEVEL duplex that offers the perfect blend of comfort, style, and convenience. This exceptionally WELL MAINTAINED home is warm and inviting from the moment you step inside. The bright and functional main floor features an UPDATED KITCHEN with modern finishes and ample workspace, while the spacious living area is highlighted by a CUSTOM ELECTRIC FIREPLACE that creates a warm and cozy atmosphere. The bi level design provides a comfortable and practical layout with well defined living spaces that feel both open and welcoming. Outside, you’ll find a PRIVATE BACKYARD complete with a beautiful DECK, perfect for entertaining, relaxing, or enjoying your morning coffee. Located in a desirable central Olds location, this home is close to shopping, restaurants, parks, and everyday amenities, while families will appreciate the proximity to École Olds Elementary School. With its thoughtful updates, inviting living spaces, and pride of ownership evident throughout, this MOVE IN READY property offers exceptional value for first time buyers, downsizers, or investors looking for a CHARMING and WELL CARED FOR home in one of Central Alberta’s most welcoming communities.
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
Attached-Side by Side, Bi-Level
Total Living Area:
710 sq. ft.66 m2
Lot Area:
3,003 sq. ft.279 m2
Lot Frontage:
25'7.62 m
Front Exposure:
South
Unit Exposure:
South
Entry Level:
1
Levels:
Bi-Level
End Unit:
1 Common Wall
Total Rooms Above Grade:
3
Year built:
2002
(Age: 24)
Bedrooms:
2
(Above Grd: 0)
Bedrooms Above Grade:
0
Bedrooms Below Grade:
2
Bathrooms:
2.0
(Full:1, Half:1)
Plan:
0310665
Heating:
Forced Air
Basement:
Full, Finished, None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Vinyl Plank
Cooling:
None
Fireplaces:
1
Fireplace Details:
Electric
Garage:
No
Parking:
Off Street
Parking Places:
2
Parking Total/Covered:
2 /
-
Laundry Features:
Laundry Room
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer
NONE
None Known
Floor
Type
Size
Other
Main Floor
Living Room
17'8"5.38 m × 11'7"3.53 m
Main Floor
Dining Room
13'2"4.01 m × 11'3"3.43 m
Main Floor
Kitchen
11'3"3.43 m × 10'2"3.10 m
Lower Level
Bedroom - Primary
18'5"5.61 m × 10'8"3.25 m
Lower Level
Bedroom
11'7"3.53 m × 9'3"2.82 m
Floor
Ensuite
Pieces
Other
Upper Level
No
2
Lower Level
No
4
Title to Land:
Fee Simple
Community Features:
Golf, Park, Playground, Pond, Pool, Schools Nearby, Shopping Nearby, Sidewalks
Interior Features:
High Ceilings, Kitchen Island, Pantry, Primary Downstairs, Vaulted Ceiling(s), Vinyl Windows
Exterior Features:
Private Entrance, Private Yard
Patio And Porch Features:
Deck, Front Porch
Lot Features:
Back Lane, Back Yard, Corner Lot, Front Yard, Fruit Trees/Shrub(s)
Data was last updated June 23, 2026 at 12:05 PM (UTC)
Area Statistics
Listings on market:
60
Avg list price:
$535,950
Min list price:
$115,000
Max list price:
$1,200,000
Avg days on market:
33
Min days on market:
3
Max days on market:
328
Avg price per sq.ft.:
$403.94
These statistics are generated based on the current listing's property type
and located in
Olds. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.