The average cost to build a fourplex ranges from $400,000 to $1,000,000, with most homeowners spending $750,000. Main cost factors include size, materials, labor, and location.
Building a fourplex offers strong rental income potential and can diversify your real estate portfolio.
The main cost drivers include the size of the building, the materials selected, labor rates, and permit fees.
Custom features, high-end finishes, or unique layouts will raise the overall price per square foot.
Local construction rates, material availability, and building codes all impact your final expense.
Choosing standard plans and managing some phases can help lower the cost per square foot.
This article was created using automation technology and thoroughly fact-checked and edited by an Angi Editor in accordance with our AI policy.
The cost to build a fourplex ranges from $300,000 to $1,300,000, with an average of $750,000. Expect to pay between $120 and $300 per square foot, depending on location, materials, and design complexity. Understanding these costs helps you budget for your multi-unit investment and make informed decisions about your project.
Let’s look at what makes up the total price tag for a new fourplex. Your biggest expenses include construction, materials, labor, permits, and site preparation. Most fourplexes cost between $120 and $300 per square foot to build, depending on choices like layout, finishes, and whether you select a turnkey or shell-only build.
Standard designs and finishes help keep costs on the lower end, while custom layouts, luxury materials, and advanced systems can increase costs. A turnkey fourplex includes everything from foundations to final finishes, while a shell-only build covers just the structure and leaves interior completion to you.
Cost Category | Description | Average Cost Range |
---|---|---|
Construction | Foundation, framing, roofing, exterior | $220,000–$600,000 |
Materials | Lumber, insulation, windows, and doors | $100,000–$300,000 |
Labor | Skilled and general labor, project management | $60,000–$200,000 |
Permits & fees | Building, zoning, utility, and impact fees | $10,000–$40,000 |
Site prep | Clearing, grading, and soil testing | $10,000–$30,000 |
Utilities & hookups | Water, sewer, electricity, and gas connections | $15,000–$40,000 |
Finishes | Flooring, cabinetry, appliances, paint | $40,000–$120,000 |
The size of your fourplex plays a major role in the total cost. Larger buildings require more materials, labor, and time. Most fourplexes fall between 3,000 and 5,000 square feet, with costs scaling up as you add square footage or opt for a multi-story design.
Cost per unit and cost per square foot are useful benchmarks. For example, a 4,000-square-foot fourplex at $200 per square foot totals $800,000. Adding high-end features or additional stories will raise both the per-unit cost and the overall price.
Fourplex Size (Sq. Ft.) | Description | Average Cost Range |
---|---|---|
3,000 | Compact, single-story units | $400,000–$600,000 |
4,000 | Average size, 2-story design | $600,000–$900,000 |
5,000 | Spacious, luxury features | $900,000–$1,200,000 |
Building a fourplex requires a team of skilled professionals. General contractors oversee the project and charge between 10% and 20% of the total construction cost. General contractor fees cover labor management, scheduling, and material sourcing. An architect or designer will create your fourplex plans, charging $8,000 to $25,000 based on the project’s complexity.
A structural engineer ensures your building meets safety standards, with fees from $2,500 to $8,000. Regional differences in labor rates and demand can affect what you pay. It’s best to hire each pro at the right stage: architects and engineers early for planning, and general contractors for the build.
Depending on your site and project, you may need additional experts:
Land surveyor fees: $500 to $2,000 for mapping boundaries and elevations.
Civil engineer: $2,000 to $7,000 for site drainage, grading, and utility planning.
Landscape architect: $2,000 to $8,000 to design outdoor spaces.
Interior designer fees: $3,000 to $10,000 for selecting finishes and layouts.
Environmental consultant: $1,000 to $4,000 for soil, water, or hazard assessments.
Where you build your fourplex has a significant impact on your costs. Urban areas often experience higher prices due to higher labor rates, increased demand, and stricter building codes, while rural locations may be less expensive but face higher transportation and material delivery costs. Suburban sites often fall in the middle.
Local labor rates, material availability, and city or state building codes can quickly affect your budget. For example, seismic or hurricane zones require additional reinforcements, adding to expenses.
Beyond construction and labor, several other expenses can impact the total cost of building a fourplex. Taxes, builder’s risk insurance, and extended warranties may be necessary. Special features, such as smart home technology, green building upgrades, or ADA accessibility, can add to the budget. Repairs and post-construction cleanup ensure the building is move-in ready, but bring additional costs.
If you’re replacing an existing structure, demolition costs between $10,000 and $40,000, depending on the size and materials. For vacant lots, site clearing, grading, and soil testing costs range from $5,000 to $20,000. Redeveloping an existing property often means higher preparation costs, especially if old utilities or foundations need to be removed.
Fourplex construction requires multiple permits, including building, zoning, electrical, plumbing, and utility permits. Your contractor often manages this process, but some homeowners handle it themselves. Permit fees for a fourplex range from $10,000 to $40,000, depending on location and scope. The process can take several weeks to months, and you’ll need inspections at key stages to stay code-compliant.
Some experienced homeowners consider managing or even building a fourplex themselves. DIY can save on labor, but the risks and complexity are significant. You’ll need advanced skills, project management experience, and access to heavy equipment. Expect a major time commitment—potentially a year or more, plus the challenge of coordinating trades and inspections.
DIY carries risks to safety, code compliance, and long-term quality. Mistakes can be costly to fix and may impact your building’s value or safety. Most homeowners find hiring a local custom home builder is the best path for a project of this scale.
Approach | Description | Average Total Cost |
---|---|---|
DIY | Homeowner manages/subcontracts all work | $300,000–$700,000 |
Pro | Licensed GC manages the project from start to finish | $400,000–$1,200,000 |
It’s important to distinguish between remodeling, renovating, and building new. Remodeling involves changing layouts or making structural modifications, such as combining units or adding square footage. Renovating is about refreshing finishes, fixtures, or restoring a building’s condition.
Renovating an existing fourplex (updating kitchens, baths, or flooring) costs less than a complete remodel or new build. Remodeling (reconfiguring units or upgrading systems) is more expensive, often approaching the costs of new construction. Choose renovation for cosmetic updates, remodeling for major changes, and new builds for the greatest flexibility and long-term value.
Here are a few helpful ways to save on your fourplex project:
Choose standard plans over custom designs to avoid design and engineering premiums.
Source materials in bulk or at wholesale rates to secure lower prices.
Limit high-end finishes to focal areas, such as kitchens and main living spaces.
Manage some project phases yourself if you have relevant experience.
Obtain multiple bids from contractors to find the best balance of price and quality.
Consider energy-efficient upgrades that save on utilities over time.
Plan for future expansion or upgrades during the initial construction.
Building a fourplex can significantly increase your property value and offer strong rental income potential. ROI for fourplex construction often outpaces that of single-family or duplex properties, especially in high-demand rental markets. Location, thoughtful design, and desirable amenities all drive value and appeal.
A well-built fourplex can provide steady cash flow, flexibility for future resale, and long-term appreciation. The combination of multiple income streams and higher-density land use makes it an attractive investment for many homeowners.
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