Duplex Homes Explained

What is it?

A duplex is a residential building that contains two separate living units within the same structure. These units can be arranged side-by-side, like a townhome, or stacked one on top of the other, similar to an apartment. Each unit has its own entrance, kitchen, bathrooms, and living spaces, offering complete privacy for its occupants. While they share a common wall or floor/ceiling, they function as two distinct homes under one roof, typically on a single legal lot of land.

Why is it trending?

Duplexes are gaining popularity as a versatile and financially savvy housing solution. The concept of "house hacking"—living in one unit while renting out the other—is a major driver. This rental income can significantly offset mortgage payments, making homeownership more accessible. Additionally, duplexes are an excellent entry point for new real estate investors and serve the needs of multi-generational families wanting to live close together while maintaining their independence.

How does it affect people?

For homeowners, a duplex offers a direct path to building wealth and reducing living expenses. It provides financial flexibility and a tangible asset that generates income. For renters, duplexes often offer more space and a quieter, more neighborhood-like feel than large apartment complexes. On a community level, duplexes increase housing density in a gentle way, providing more housing options within established neighborhoods without the need for large-scale development, which can help address housing affordability challenges.

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