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Updated over 1 year ago on . Most recent reply

How much should I rent 1/2 of a duplex for? (Poll - please contribute)
Hi BP Community!
I'm kind of a newbie here, and had a quick question regarding how to price duplex units.
Here's the relevant info:
- It's a top bottom duplex, with very similar ±1200 sq ft floor plans, in an older neighborhood of SFHs and small (2-4) multi-unit buildings.
- The lower unit is a 2/1
- The top unit is about 5% bigger, and has an extra bedroom making it a 3/1.
The lower unit is rented for $1,000.
So the question is, how much would you rent the top unit for?
Most Popular Reply

Aloha,
It doesn't matter too much what the 2 BR is currently rented for; what matters is current market rates for 3 BR's. Check comparables by size, finish, location, to see what the market is today. You did not indicate where this is located, so impossible to get localized guesstimates.
It doesn't matter too much what the 2 BR is currently rented for; what matters is current market rates for 3 BR's. Check comparables by size, finish, location, to see what the market is today. You did not indicate where this is located, so impossible to get localized guesstimates.