561 Fourth St: home in University District, Nanaimo
Sold · January 15, 2026

561 Fourth St, Nanaimo

3 bed · 2 bath · 1,556 sqft · Built 1955 · University District
Listed at  $599,900
🔒 Sold price: free with sign-in

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This home has now sold.

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*Nanaimo's top-selling real estate agent based on cumulative MLS® sales from 1992 to 2026. Sold data available to registered users under VOW terms.

Sale history for 561 Fourth St

This home has sold 2 times on the MLS®.
DateEventPriceDays on market
January 15, 2026Sold🔒 Sign in to view66 days
March 22, 2023Sold🔒 Sign in to view

About this home

Attention investors, developers, and savvy buyers! This 3 bedroom, 2 bathroom fixer-upper is packed with potential in one of the most desirable locations in Nanaimo, just a short walk from the university, shops, and local amenities. Zoned for detached duplexes or a 4-plex, this property offers flexible redevelopment options with an active building permit and demolition permit already in place, saving you time and money. The existing home has solid bones and could be transformed into a great income-producing rental property with some renovation and creativity while you wait for the perfect time to build. Whether you’re looking to build new, expand your rental portfolio, or flip for profit, this property checks all the boxes: prime location, flexible zoning, and major permits ready to go. Opportunities like this are rare — don’t miss your chance to capitalize on this property that is priced below assessed value!

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Recent sales in University District

Other recently sold homes near 561 Fourth St — sale history and sold-price details on each page.

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