Generally speaking a Duplex is a property that has two units and is about the size of a typical single family residence. The units can be attached to one another or can be two separate buildings on a single lot.
This type of property is often overlooked by many residential home buyers because the classification is different that a single family home, townhome, twinhome or condominium. By definition, duplexes and other multifamily properties are not front and center on residential real estate consumer website. In my experience, it is common for duplexes and other multifamily residential real estate is sought after by investors. However, I have seen more and more homebuyers asking themselves, why not a Duplex?
First time home buyers that identify a duplex as an opportunity can often see themselves buying a duplex to live in one unit and rent out the other. This can help with affordability and present a great long term investment strategy.
The properties below represent multifamily (2-4 units) opportunities available in San Diego and surrounding areas. Check it out!