: a building that contains four separate apartments.
What is considered a fourplex?
As the name would imply, a fourplex is a multifamily home that is designed to house four separate families, in four complete living spaces including four separate entrances.
What is a fourplex property?
Fourplex properties are multi-family homes that contain 4 apartment units. These medium-sized buildings have become increasingly popular with real estate investors. This is in part due to the fact that fourplex buildings are the largest properties you can invest in using a Federal Housing Administration (FHA) loan.