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Updated almost 7 years ago on . Most recent reply

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Michael Trabert
  • Provo, UT
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Duplex Vs. Fourplex: Pros/Cons of each?

Michael Trabert
  • Provo, UT
Posted

I'm looking into buying my first multi-family property that I plan on using as a house hack. 

Can someone talk to me about, or point me to a resource, on the pros/cons of Duplex vs. Triplex v. Fourplex?

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Marc Middleton
  • Residential Real Estate Broker
  • Miami, FL
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Marc Middleton
  • Residential Real Estate Broker
  • Miami, FL
Replied

Well living with 3 other people in a 4plex isn't for everyone. Unless you can get a house with a triplex in the backyard (I just saw one pop up in central for Miami for about $850k). 

A duplex will usually give you a private yard and/or private parking. A 4 plex usually has people living on top or below you, plus there is more maintenance. 

But your mortgage payment will be next to nothing if you can stick it out for 1-2 years until the next one!

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