How much does it Cost to Build a Fourplex? The average cost to build a multifamily home is $64,500-$86,000 per unit. With four units, it can cost anywhere from $258,000-$336,000 to build. However you can likely find fourplexes already for sale on the market.

How profitable is a fourplex?

Good introduction to real estate investment: Owning a fourplex is often an entry to real estate investing. This multi-unit dwelling has the potential to be a reliable income property with a strong rate of return because of its high cash flow potential and financing options.

Is it smart to buy a fourplex?

The Bottom Line. Buying a fourplex is a great investment regardless of your level of experience. Whether you are planning on renting out all four units or house hacking after getting an FHA loan for an investment property, a fourplex is guaranteed to provide you with a steady source of revenue.