How to determine an ARV for Multifamily 2-4...When there is none.

[Oscar Almonte]

It is tough to give an ARV when the calculator requires it when there is none to be found.

I am using the MLS trying to find this info. I write in all the blocks around the subject property within 1 mile radius. I work myself from three months all the way to 1 year hoping to find this info but there is none.

I then got desperate and said what the hell let me try the whole damn zip code and nothing comes up for a fourplex. I am just trying to be as accurate as possible but it is taking me way too much time to analyze properties. So I have a few questions.

1. Can I just find duplex or triplex near by and use the rents to get the GOI of these properties to project what a 4plex is valued? 

2. Or should I use the rent estimator calculator and do the same as in question 1 

3. Or can I use the comparable sales of duplex, triplex and divide the purchased price among the units to come up with a price per unit and project that number to a 4plex?