Two- to four-unit residential properties require analysis of unit configuration, condition, occupancy, rental characteristics, owner-occupant appeal, investor demand, parking, and comparable sales.
Fremont small residential income appraisals
Appraisal services are available for privately funded purchases, refinances, bridge loans, and investor transactions involving duplexes, triplexes, and fourplexes.
Fremont market considerations
Small multifamily value may be influenced by neighborhood, unit mix, rents, condition, parking, utility configuration, tenant occupancy, and competition from both investors and owner-occupants.
Lender considerations
- Current market value
- Unit count and configuration
- Condition of each unit
- Occupancy and lease information
- Comparable small-income property sales
Appraisal scope
The appraisal scope and reporting requirements are determined after reviewing the property, unit count, intended use, access, and client requirements.
Process
- Submit the property address and unit count.
- Provide occupancy and lease information when available.
- Confirm fee, scope, and timing.
- Coordinate access to all required units.
Eligible property types
- Duplexes
- Triplexes
- Fourplexes
- Mixed owner-occupied and tenant-occupied residential properties
Two- to four-unit appraisal FAQ
Do all units need to be inspected?
Inspection requirements depend on the assignment scope and client requirements, but access to all units is generally preferred for a complete interior assignment.
Related Fremont appraisal services
Other cities in Alameda County
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