Multifamily properties, such as duplexes, are a popular investment choice. But with the limited multifamily homes available and the increasing demand for rental properties, it is a race for investors in the real estate market. As a result, many are looking into the build-to-rent trend to circumvent the competition and take advantage of renting’s popularity.
As an investment property, multifamily rental homes provide an array of advantages to both tenants and investors. However, duplexes offer benefits to keen investors interested in specific goals.
Duplexes vs. Other Multifamily Rental Properties
Investors interested in multifamily properties have several choices in front of them. But duplexes offer several advantages compared to other multifamily rental options. Here are key points to consider:
Duplexes provide a unique investment opportunity
They are a hybrid of single-family homes and multifamily properties. With two units under one roof, duplexes offer the benefits of a multifamily property, such as higher rental income potential, while maintaining some of the characteristics of a single-family home, such as private yards and separate entrances.
Duplexes are a great option for starting real estate investors
They can be a good option for real estate investors who want to start small and grow their portfolios over time. Then, as you gain more experience and capital, you can add duplexes to your portfolio or transition to more significant multifamily properties.
Duplexes offer flexibility
They allow you options on the types of units that can be built. For example, you can create a larger unit on one side and a smaller one beside the other, or build two units roughly the same size.
Duplexes are cost-effective
A duplex can be more cost-effective than a larger multifamily property since it requires less land and fewer construction materials. This advantage can translate into lower building costs and, in turn, higher yields.
Duplexes have a strong demand
Rental demand for duplexes is strong, as they appeal to a wide range of would-be tenants, from small families to single professionals. In addition, since duplexes are typically located in residential areas, they can provide a sense of community that larger multifamily properties may not offer.
Duplexes give you more control
Duplexes typically have fewer units than larger multifamily properties. This advantage gives investors more control over tenant selection and property management. In addition, its two units reduce the risk of prolonged vacancies or maintenance issues that typically come with larger multifamily properties.
Why Choose HiLine Homes Streamlined Custom Building?
HiLine Homes has crafted a streamlined process for custom home building for nearly 30 years. Now you can acquire quality rental duplexes through highly efficient construction.
Our team of expert Home Consultants walks you through the process. They will help you choose the land to build on and select your floor plan to finalize the features of your duplex. In addition, our Approved Lenders list makes securing financing simple as each lender is familiar with our custom home building program.
We are dedicated to efficiency and affordability, with a range of floor plans designed by an expert team that investors can choose from, no matter the type of rental house that best suits their portfolio. As a result, you can move forward confidently with your built-to-rent project when surrounded and supported by a team of experienced home builders and skilled trade partners.
Explore Custom Rental Building Plans
We at HiLine Homes offer several floor plans that make for an ideal duplex rental and invite you to explore which ones best suit you:
- 2 bed
- 1 Car Garage
- 2 bath
- 2400 sq ft.
- 3 bed
- 1 Car Garage
- 2.5 bath
- 3322 sq ft.
