ARV for multi-family house in a single family area

ARV for multi-family house in a single family area

Antonio Ward JrPro Member
Member since 2025 · 18 posts · 15 votes

Wassup Bigger Pockets Fam,

I am looking at purchasing a tri-plex multi family property and using the BRRRR strategy. There haven't been any multi-family properties sold or for sale in the area within the past year so it's hard to pinpoint an accurate ARV. Being that there is a lack of multi-family units in the area how would you calculate the ARV?

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  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    10mo
    Quote from @Antonio Ward Jr:

    Wassup Bigger Pockets Fam,

    I am looking at purchasing a tri-plex multi family property and using the BRRRR strategy. There haven't been any multi-family properties sold or for sale in the area within the past year so it's hard to pinpoint an accurate ARV. Being that there is a lack of multi-family units in the area how would you calculate the ARV?


    Have you tried talking to local appraisers? This might help you gauge an ARV on a Refi transaction.

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