Building a quadplex can be a smart investment for those looking to generate income or create a multi-family home. A quadplex is a building that has four separate living units. Each unit has a unique layout and design. Understanding the budget is vital to plan your project efficiently. If you’re a homeowner or a contractor, this guide is tailored to meet your needs.
In this guide, we’ll explore the average cost of building a quadplex. How much does it cost per sq ft or unit? We’ll also break down the costs included. It will help you get a clear image of your project. Let’s dive in and identify what it takes to construct a quadplex!
Average Cost to Build a Quadplex
On average, the cost to build a quadplex typically falls within the range of $190,000 to $700,000. However, in areas with a high cost of living, this figure can increase to as much as $2.0 million.
This cost depends upon different factors. These factors include quality of material, location, extra features, labor cost, and legal permits. If you are a homeowner, it is recommended to consult a professional while planning a budget to build a quadplex.
Cost to Build a Quadplex Per Square Foot
In the field of real estate, the construction of apartments like quadplex or fourplex has been a complex and expensive project. But rich contractors and homeowners like to construct such buildings of their choice. This project can become easy to maintain if planned in advance.
The average cost to build a quadplex can range between $100 to $200. However, this price is exclusive of costs like legal permits, land acquisition, and contractor fees. These factors vary with location and thus change the total budget.
Cost to Build a Quadplex Per Unit
A quadplex is a building that has 4 separate living units. Each unit typically consists of 500 to 1,200 sq ft. Although, larger apartments can have bigger units. A quadplex cost $100,000 to $250,000 per unit.
However, this cost can increase with high-tech features or luxuries. Quadplex is typically constructed custom-designed. Thus, the price range increases as the luxuries are added.
Cost to Build a Quadplex Per Story
A quadplex can be constructed in two primary architectural forms:
- Two-story structure with two units on each floor
- Single-story building with all four units arranged side by side
The arrangement of units can also affect the total cost. If you’re building a two-story quadplex, the cost of stairs will be added. However, the cost to build a quadplex per story ranges between $100,000 to $200,000.
Two-story building
Four-unit two-story buildings will range between $140 to $250 per square foot for construction. These units are usually accessed from the front or back of the main building from the ground floor. It will include a flight of stairs to the second story.
Single-story building
Quadplexes constructed on a single story will take about $100 to $200 per square foot. Although single-story quadplex requires less material costs. It will not need stairs to reach the second floor. The 4 units in a single-story quadplex have their own entrance.
Cost Breakdown
Below is a table for identifying all the cost factors that are included in constructing a quadplex. Understanding these costs helps you to make a budget for quadplex costs.
Materials Expenses
Material |
Cost Per Unit |
| Foundation | $20-$35 |
| Roofing | $10-$20 |
| Window installation | $20-$30 |
| Flooring | $10-$25 |
| Painting | $5-$10 |
| Kitchen Appliances | $5-$10 |
| Bathroom appliances | $5-$10 |
| Furniture | $10-$20 |
| Plumbing | $10-$20 |
| Fixtures | $5-$10 |
| Electricity | $10-$20 |
| Cabinets | $10-$20 |
| Countertops | $10-$20 |
| HVAC | $10-$20 |
| Exterior |
$10-$20 |
Labor Costs
Factor
|
Cost Per Sq Ft |
| General contractor | 10-20% of total construction cost |
| Structural engineer | $1-$3 |
| Electrician | $1-$3 |
| Labors | $10-$20 |
| Architect | $1-$3 |
| Plumber | $1-$3 |
| Carpenter | $10-$20 |
| Painter | $5-$10 |
Other Expenses
Other expenses that can affect the total cost of building a quadplex includes:
- Permits
- Legal documents
- Expensive material
- Luxury features
- Indoor or outdoor high-tech features
The costs of these factors vary with location and requirements.
Conclusion
A quadplex cost typically falls within the range of $190,000 to $700,000. However, in areas with a high cost of living, this figure can increase to as much as $2.0 million. It is necessary to identify every cost factor while planning to build a quadplex. Remember to add costs of legal permits and documents.
The final cost will depend upon your specific needs and requirements. If you’re a homeowner, it is recommended to consult a field expert to get a more accurate budget according to your needs.
FAQs
Q1. How much does a quadplex cost per square foot?
The average cost to build a quadplex can range between $100 to $200.
Q2. How much does a quadplex cost per unit?
A quadplex cost $100,000 to $250,000 per unit.
Q3. How much does a quadplex cost per story?
The cost to build a quadplex per story ranges between $100,000 to $200,000.
Q4. What is the structure of a quadplex?
A quadplex can be constructed in two primary architectural forms:
- Two-story structure with two units on each floor
- Single-story building with all four units arranged side by side
