Real Estate Glossary

What is Duplex?

A duplex is a type of residential building that consists of two separate units, each with its own entrance and living space. Duplexes are often used as rental properties, and they may be owned by a single individual or entity or by two separate parties. Duplexes may be attached or detached, and they may be located in urban, suburban, or rural areas. Duplexes may be a good option for investors or homeowners who want to generate income from rental property, or who want to live in one unit and rent out the other.