Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

93
Posts
12
Votes
Oscar Beteta
  • Rental Property Investor
  • Blue Bell, PA
12
Votes |
93
Posts

Estimating ARV for Duplex, Triplex, and Quad

Oscar Beteta
  • Rental Property Investor
  • Blue Bell, PA
Posted

Quick question BP!  I'm on the search for a small multifamily unit in Montgomery County, PA.

I would like to understand how an appraise goes about estimating the value of a duplex, triplex, or quad. I've read that these property types can be appraised just like any SFR based on comparable sales. However, I've also read that they can be value by the income they produce through the gross rent multiplier (GRM) method. Can someone please shed more light on this for me? If you know any specifics about this subject for Montgomery County, PA - please share as well.

Thanks in advance BP!

Loading replies...