What Is a Multi Family Home?

A multi family unit is a property that consists of multiple separate housing units designed for residential purposes. A multi family unit can be a building containing several apartments or unit, or even a complex containing of several buildings. Either way, this type of property features multiple units aligned side by side or one on top of each other, similarly to apartment buildings with several floors. The most common forms of multi family residential properties are apartment buildings and condominium complexes.

However, keep in mind that there is a difference between the two, since condominiums are units owned by individual residents, whereas apartments are rented from the owner of the building.Before we get into further details regarding multi family units, you should keep in mind that these residential properties are often called multi dwelling units or MDU for short. Depending on how many units a multi dwelling contains, it can be classified as a duplex, triplex, or an apartment building. Whether you’re looking to move into a multi family unit or invest in one for business purposes, there are many reasons why these properties are so beneficial.

Benefits of Investing in a Multi Family Unit

It's often been said that if you are ready to make the next big move as an investor, it is time to start focusing on multi family units rather than single family homes. There are numerous benefits that make multi family unit investments far more convenient and profitable than investing into a single family home. Here is a list of reasons why you should consider this move!

#1 It is a scalable investment

Multi family units can be turned into functional and thriving business with much less time and energy used along the way. It takes less time to buy one multi family dwelling with ten units compared to buying ten single family homes. This way, you will be making income from ten rents without having to visit ten different locations and investigate each property separately.

#2 Have room to focus on your business

When investing in a multi family dwelling, you need to visit one place, negotiate on one price, and close one deal. The time and energy you save on the investment and purchase processes will allow you to focus on other aspects of your business in order to increase growth and profitability.

#3 Easier management

It is far easier to take care of management when all ten of your tenants are situated in one location rather than scattered all over town. This way you don’t have to travel to ten different places to handle management issues or visit your tenants.

#4 Less maintenance expenses

Another great benefit of investing in a multi family unit is the fact that you will save a lot of money on maintenance as compared to investing in single family homes. For example, in a multi dwelling property, all your tenants are situated under one roof, which means there is only one roof to maintain. If you were to own ten single family homes instead, you would be dealing with ten roofs and enormous expenses.

#5 Pay Off the Mortgage Easily

Last but not least, renting out several units within the building will allow you to collect enough income to cover your mortgage expenses more easily. Multi family units are far more profitable than single family homes because there is less risk that you won’t have enough income to cover the mortgage. If your single family home is not rented, you will have to pay mortgage on your own. However, if three out of ten of your multi family dwelling units are not rented, you will still have seven tenants providing passive income to cover the expenses.

Start your search now and see what Las Vegas multi family investment opportunities are available to you right now.


Active
  • -- Beds
  • -- Baths
  • -- sq ft
  • 39,204 lot
  • $399,995
  • Listing provided by Jeannette B Draper, Access Realty
Active
  • -- Beds
  • -- Baths
  • 1,701 sq ft
  • 5,663 lot
  • $225,000
  • Listing provided by Jonny C Lopez, Allure Realty Group LLC
Active
  • -- Beds
  • -- Baths
  • 3,604 sq ft
  • 8,276 lot
  • $350,000
  • Listing provided by Juan Leon, Desert Vision Realty
Active
  • -- Beds
  • -- Baths
  • 3,648 sq ft
  • 5,227 lot
  • $373,000
  • Listing provided by Michele Dugan, Realty ONE Group, Inc
Active
  • -- Beds
  • -- Baths
  • 1,710 sq ft
  • 4,792 lot
  • $217,500
  • Listing provided by Yvonne Khoo, eXp Realty
Active
  • -- Beds
  • -- Baths
  • 3,672 sq ft
  • 2,178 lot
  • $310,000
  • Listing provided by Simone Powell, Blackstone Realty & PM
Active
  • -- Beds
  • -- Baths
  • 2,000 sq ft
  • 10,019 lot
  • $275,000
  • Listing provided by Jeannette B Draper, Access Realty
Active
  • -- Beds
  • -- Baths
  • 1,662 sq ft
  • 6,534 lot
  • $225,000
  • Listing provided by Nancy Chen, Life Realty District
Active
  • -- Beds
  • -- Baths
  • 3,336 sq ft
  • 7,405 lot
  • $499,000
  • Listing provided by Amy Pam, Homers Realty LLC
Active
  • -- Beds
  • -- Baths
  • 3,822 sq ft
  • 8,276 lot
  • $448,500
  • Listing provided by Jesus Montoy Esparza, City National Properties
Active
  • -- Beds
  • -- Baths
  • 4,232 sq ft
  • 8,712 lot
  • $529,000
  • Listing provided by Yida Li, Jason's Realty
Active
  • -- Beds
  • -- Baths
  • 1,008 sq ft
  • 34,848 lot
  • $150,000
  • Listing provided by Patricia Rippie, Trish Rippie Realty Inc
Active
  • -- Beds
  • -- Baths
  • 5,120 sq ft
  • 14,375 lot
  • $479,000
  • Listing provided by Andrew J Grasso, Platinum R.E. Professionals
Active
  • -- Beds
  • -- Baths
  • 4,310 sq ft
  • 8,276 lot
  • $475,000
  • Listing provided by Jill Amsel, Realty ONE Group, Inc
Active
  • -- Beds
  • -- Baths
  • 4,310 sq ft
  • 8,276 lot
  • $475,000
  • Listing provided by Jill Amsel, Realty ONE Group, Inc
Active
  • -- Beds
  • -- Baths
  • -- sq ft
  • -- lot
  • $494,900
  • Listing provided by Erin M Quatrale, Apollo Realty and Management
Active
  • -- Beds
  • -- Baths
  • -- sq ft
  • -- lot
  • $494,900
  • Listing provided by Erin M Quatrale, Apollo Realty and Management
Active
  • -- Beds
  • -- Baths
  • -- sq ft
  • -- lot
  • $494,900
  • Listing provided by Erin M Quatrale, Apollo Realty and Management
Active
  • -- Beds
  • -- Baths
  • -- sq ft
  • -- lot
  • $494,900
  • Listing provided by Erin M Quatrale, Apollo Realty and Management
Active
  • -- Beds
  • -- Baths
  • -- sq ft
  • -- lot
  • $494,900
  • Listing provided by Erin M Quatrale, Apollo Realty and Management
Active
  • -- Beds
  • -- Baths
  • 1,646 sq ft
  • 6,970 lot
  • $220,000
  • Listing provided by Gerardo Gomez, Re/Max Titans
Active
  • -- Beds
  • -- Baths
  • 2,650 sq ft
  • 6,970 lot
  • $323,500
  • Listing provided by Catherine Hyde, Simply Vegas
Active
  • -- Beds
  • -- Baths
  • 1,528 sq ft
  • 19,994 lot
  • $185,000
  • Listing provided by Scott W Smith, Provenza Neth Properties LLC
Active
  • -- Beds
  • -- Baths
  • 2,684 sq ft
  • 9,583 lot
  • $365,000
  • Listing provided by Guillermo Retis, Signature Real Estate Group
Active
  • -- Beds
  • -- Baths
  • 3,224 sq ft
  • 1,742 lot
  • $379,000
  • Listing provided by John Montes, Realty ONE Group, Inc
Active
  • -- Beds
  • -- Baths
  • 988 sq ft
  • 5,663 lot
  • $195,000
  • Listing provided by John Montes, Realty ONE Group, Inc
Active
  • -- Beds
  • -- Baths
  • 3,648 sq ft
  • 6,534 lot
  • $399,000
  • Listing provided by Ryan Crighton, Rothwell Gornt Companies
Active
  • -- Beds
  • -- Baths
  • 3,000 sq ft
  • 6,970 lot
  • $444,000
  • Listing provided by Maria Camila Rosales-Olaya, Charles D Lynn Real Estate
Active
  • -- Beds
  • -- Baths
  • 2,960 sq ft
  • 16,553 lot
  • $475,000
  • Listing provided by Elizabeth Aldworth-Miller, B C Adobe Realty, Inc.
Active
  • -- Beds
  • -- Baths
  • 1,982 sq ft
  • 7,405 lot
  • $250,000
  • Listing provided by Tamara Heidel, Heidel Realty
Previous Next
GLVAR Logo The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo.

GLVAR deems information reliable but not guaranteed.

Copyright 2020 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved. The information being provided is for the consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.