Advertiser Disclosure

advertising disclaimer
Skip to main content
duplex

How Much Does It Cost To Build a Duplex?

Building a duplex can be an affordable way to create new streams of rental income.


[Updated: Oct 05, 2021 ] Sep 02, 2020 by Liz Brumer

Get our 43-Page Guide to Real Estate Investing Today!

Real estate has long been the go-to investment for those looking to build long-term wealth for generations. Let us help you navigate this asset class by signing up for our comprehensive real estate investing guide.

Item Average Cost
Building plans, which include:Architectural drawings and floor plan designStructural engineer blueprintsConstruction documentsDevelopment permits 10% - 17% of total building budget
Labor:Contractors and licensed professionals such as electrician, plumber, or project manager 35% - 40% of total building budget
Materials:All fixtures, finishes, and materials involved in construction and finishing of the duplex 50% - 60% of total building budget

Source: Fixr.com; Homeadvisor.com

Got $1,000? The 10 Top Investments We’d Make Right Now

Our team of analysts agrees. These 10 real estate plays are the best ways to invest in real estate right now. By signing up to be a member of Real Estate Winners, you’ll get access to our 10 best ideas and new investment ideas every month. Find out how you can get started with Real Estate Winners by clicking here.