Definition, Meaning & Synonyms
quadplex
Noun
/ˈkwɒdˌplɛks/
Definition
A quadplex is a type of residential building that consists of four separate living units.
Examples
- The quadplex was fully rented, providing a steady income for the owner.
- Living in a quadplex can offer a sense of community while also maintaining privacy.
- They decided to invest in a quadplex to maximize their rental property portfolio.
Meaning
The term is often used in real estate to refer to a property that accommodates four families or individual renters, making it a popular choice for investors and homeowners looking for rental income.
Synonyms
- Fourplex
- Quadruplex
- Multi-family home