Multi-Family, 2-4 Unit and Market Rent
How a 2-4 unit property is appraised: legal unit count first, then sales comparison and income approaches reconciled into one opinion of value.
Start with the guide
Appraising a Duplex to Fourplex: Sales Comparison, Income and Legal Use
9 min read
- 01What counts as a 2-4 unit property
- 02Legal use comes first
- 03The sales comparison approach on a small income building
- 04The income approach, the gross rent multiplier and market rent
- 05Reconciling the two into one opinion
- 06The redesigned report and the old form numbers
- 07What an owner gathers, and how the inspection runs
- 08Who reads the report
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