What is the difference between a duplex, a four-plex, and an apartment?

What is the difference between a duplex, a four-plex, and an apartment?

The market of residences offers several types of residential buildings. In order for you to make an educated decision, let us take a look at three types of residences:  duplex, four-plex, and apartment. 

Duplex

A duplex is a building that includes two spaces for living, usually separated by one or more walls. A duplex might look like one single building but once inside, there are separate doors that lead to two different homes. Sometimes, there are even two separate garage doors.

Pros and Cons of a Duplex

Renting a duplex is usually less expensive than a regular house. It is a good choice for one who is tired of apartment life but cannot afford a one-house building. Keep in mind that it is still a rental and there is no equity being accrued in the building.  

Four-plex

Once we have cleared the concept of a duplex, a four-plex becomes clearer. This is a building with four separate apartments in it. Sometimes, one person owns the entire building, uses one area for a home, and rents the other three. Some families may even rent them all four.  

Pros and Cons of a Four-plex

A four-plex can be a good investment. Buying one will mean that you can use one and rent the other three. Of course, this will depend on the market demand. Renting a four-plex space means that you share a building with three other families. Doors are separate, of course, and many times, they each have their own garage or parking space.  

Apartment

These are the simplest forms of living. Apartments are usually found with six or more residences in a single building.  Each area usually has one bathroom and three rooms, or two bathrooms and three rooms. Walls and floors are shared with other tenants. 

Pros and Cons of an Apartment

Probably the greatest pro of an apartment has to do with liability. You do not share it with the landlord. For example, if something in the building breaks, it is not your responsibility and the owner of the building has to pay for it or repair it. However, this also means that you have zero control of any changes taking place in the building. 

 

Featured Articles

What's Trending

What's Trending

What's Trending

What's Trending

What's Trending

What's Trending

What's Trending

What's Trending

The Spot Light

Travel to Lisse where you can see 7 million blooms in spring

Travel to Lisse where you can…

Why You Should Travel Green

Why You Should Travel Green

What you should know before traveling to Turkmenistan

What you should know before…

Packing Tips for Travelling

Packing Tips for Travelling

Welcome To One World Trade Center

Welcome To One World Trade…

The Editor's Choice

 Five Things in Your Kitchen You Are Using Wrong

Five Things in Your Kitchen You Are Using Wrong

You hold and pretty much use them every day if not at least once a week. Did you know that you're probably using most of your kitchen items wrong? Here are five things in your kitchen that you're not using how they should be used and how you can fix that. 1.Spaghetti Spoon Have you ever…

Risque Real Estate

Risque Real Estate

Risque Real Estate

Four wall colors you might regret next year

Four wall colors you might regret next year

The paint job on a house wall can be expensive. This is why you should be careful about the colors you decide to use. Keep in mind that some colors might work for a season but maybe not for the rest of the year. The recommendation still remains within pastel colors. But maybe even these colors,…

5 Things You Need to Know Before Selling Your House

5 Things You Need to Know Before Selling Your House

Regardless of your reason for selling your house, the fact remains that there are certain steps that you need to take to make sure that it is ready to sell. In addition to that, there are a few things that you may want to know first so the process goes as smoothly as possible. Here are five things…

What and where is the Occidental Grand Papagayo?

What and where is the Occidental Grand Papagayo?

Occidental Papagayo is a beautiful and modernized resort that is ideal for couples. It is located in Guanacaste, Costa Rica and attracts millions of tourists from all across the globe. Unlike other hotels in this region, this inclusive resort only offers its services to adults seeking a mix of…

Visit 1984 Isgyvenimo Drama

Visit 1984 Isgyvenimo Drama

There are several attractions to visit if you ever travel to Lithuania. 1984: Isgyvenimo Drama (or 1984: Survival Drama) is a reproduction of an actual Soviet bunker built in the 1980s. To get more information about the site and its attractions, you can visit their website at sovietbunker.com. When…

Weeki Wachee Springs

Weeki Wachee Springs

Weeki Wachee Springs is a great attraction that the whole family will surely delight in visiting. It's actually one of the 22 first-magnitude springs located in Florida. What makes the Weeki Wachee Springs a tourists' favorite are the activities it has for the guests. To name a few of the…

Visit the Karni Mata Temple, Deslinoke, India

Visit the Karni Mata Temple, Deslinoke, India

Visiting India as a tourist provides an opportunity to absorb experiences far different than we are used to in the West. Even walking in the streets can be an example of what it’s like to be immersed in a completely different culture. Many of the tourist spots reflect this as well,…