What is Multi Family Real Estate?

Multi-Family real estate is a housing classification where more than one housing unit are contained within a single building or group of buildings.

When the term "multi-family" is used, it is most commonly referring to apartment communities. However, multi-family can also be used to define duplexes, fourplexes, and even condominiums or townhouses.

Many multi-family communities include onsite amenities such as swimming pools, fitness centers, technology packages, dog parks, etc.

Most multi-family communities also have onsite staff to assist residents with repairs, questions, or concerns.

Multi-Family real estate can also provide a more affordable housing option for residents, especially in areas with a higher cost of living. This gives residents the opportunity to live in their desired area without the burden of a hefty house payment.