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Is A Duplex A Multifamily Home?

A duplex is one of many forms of a multifamily home. In general, multifamily structures can take the form of many different types of buildings – some of which may even be situated on different plots of land.
Examples of multifamily home options include townhouses (wherein two families live in one house that is separated by an interior wall) or apartment complexes (a single structure which houses at least five or more common units, and in which residents share common areas).
Other types of multifamily housing include semi-detached houses – single-family homes that share a common wall with another home, in similar fashion to townhouse properties.
Currently, the national average cost to build a duplex sits between $325,000 – and $577,000, with actual expenses depending on state, local real estate market, and buildout specifications. The average cost per square foot of a duplex build presently hovers between $105 – $320.
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