The average cost to build a multifamily home is $64,500-$86,000 per unit. With four units, it can cost anywhere from $258,000-$336,000 to build. However you can likely find fourplexes already for sale on the market.2020-07-30
Is a 4 plex a good investment?
Fourplexes also have lower property taxes than four separate rental properties, making fourplexes a sound investment with good financial returns. ... This multi-unit dwelling has the potential to be a reliable income property with a strong rate of return because of its high cash flow potential and financing options.2021-06-08
How much land is needed for a fourplex?
Lot Front-loaded Alley-Loaded
------ -------------------- -------------------
Width* 50–75 feet 45–65 feet
Depth* 100–150 feet 100–150 feet
Area* 5,000–11,250 sq. ft. 4,500–9,750 sq. ft.
0.11–0.26 acres 0.10–0.22 acres
Is it worth buying a fourplex?
The Bottom Line. Buying a fourplex is a great investment regardless of your level of experience. Whether you are planning on renting out all four units or house hacking after getting an FHA loan for an investment property, a fourplex is guaranteed to provide you with a steady source of revenue.2020-03-27