Triplexes and duplexes are a smart investment in Central Oregon due to their versatility and potential for high returns. These types of properties offer multiple rental units, allowing for a diverse range of tenants and steady rental income. Additionally, with the growing demand for affordable housing in our area, triplexes and duplexes provide a viable solution for renters seeking affordability without sacrificing quality. Investing in these types of properties can also provide long-term appreciation as Central Oregon continues to experience population growth and a thriving real estate market.

Triplexes and duplexes, also known as multi-family homes, can appreciate in value more quickly compared to traditional homes because they offer multiple rental units on a single property. This means that the owner can generate more income from the property, which in turn increases the property’s value. Additionally, multi-family homes often provide a more affordable housing option for tenants compared to renting individual homes, making them in high demand in many markets. With their potential for consistent rental income and increased demand, triplexes and duplexes offer a strong investment opportunity for those looking to build long-term wealth.

In short, yes, but not by much. Typically the benefits far outweigh the additional tax liability.

This is easily determined by contacting your cities planning department to research the zoning of your property. Arbor Builders helps guide you through this process. The application will need to include construction plans, site plans, and other necessary documents.

The choice between investing in multifamily housing and Airbnb / Vacation Rental in Central Oregon depends on various factors, such as your investment goals, risk tolerance, and market conditions. Both options have their advantages and disadvantages.

Multifamily housing can provide a steady stream of rental income over time, as long as the property is well-maintained and occupancy rates remain high. However, it also requires a significant upfront investment, and there may be challenges in managing tenants and maintaining the property.

On the other hand, a Airbnb / Vacation Rental can provide higher short-term rental income, especially during peak tourist seasons. However, it also requires more active management and is subject to greater regulatory scrutiny and market volatility. 

Ultimately, the decision between multifamily housing and a Airbnb Rental will depend on your specific circumstances and investment goals. It may be helpful to consult with a local real estate expert to assess market conditions and evaluate the potential risks and returns of each option.