How much does a new 4 Plex Cost?

[Mike D.]

Does anybody have a ballpark figure of what a 4 plex would cost to build new in the midwest? Any price/sqft. figures? I've seen some new 4 plexes going up in my area lately. I think the key is getting the land at a low price.

[David Wedemire]

I'm not a contractor but it all depends on many factors. I find in my area it has been consistently $55 to $65 per sq ft. That can be different depending on the area of the mid-west