How to find existing multi family properties in an area?

Question

Hey all,

I was doing some research and reading this article: https://www.biggerpockets.com/blog/2015/11/16/how-...

A partner investor and I was doing our diligence on a potential property, but had the idea of converting it into a multi-family. My background work would first be to see if the area is pro-multi family. So I wanted to know, Is there a tool or procedure you use to find all the existing multi-family properties in a given area?

To refine the question, I am not looking for Multi-families for sale, ie. Loopnet.com or by filtering my search on Realtor.com

thanks in advance for your help!

Matthew Patrick · Answer

Hey, I actually found a resource for Long island. Check this map out. It lays out zoning areas, MFH, SFH and commercial etc...http://www.longislandindexmaps.org/

Scott Schreiber · Answer

@Matthew Patrick a lot of it depends on what area you're in. Certain cities/counties/states have more easily accessible property records. There are also websites that can build lists. I've used PropertyShark with some success.

Sam Shueh · Answer

It is very tough to legally convert SFH to MFH. Talk to a realtor about MFH.

Matthew Patrick · Answer

@Mark Burlison, thanks, but as I stated in the post, I am looking for existing properties that are multi-family, and NOT necessarily a multi-family properties that are for sale.

Does Realtor.com have a demographic search tool I dont know about?

Mark Burlison · Answer

Realtor.com