What is a 3 unit apartment called?

Written by Editorial Team | Last Updated: August 2026

A 3-unit apartment building or residential property is formally classified in real estate, zoning, and municipal housing codes as a triplex (or occasionally a three-family home). A triplex consists of three distinct, self-contained residential dwelling units sharing a single building structure, which may be stacked vertically or arranged side-by-side under one communal roof and title ownership. These properties represent a popular asset class for real estate investors seeking multi-family residential income opportunities while maintaining manageable property management oversight compared to massive apartment complexes.

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