The Plex Seller's Guide

Selling a duplex, triplex, fourplex, or small apartment property is not the same as selling a single-family home.

A plex is both real estate and an operating investment. Its value can be affected by rental income, expenses, leases, tenant relationships, property condition, financing, zoning, and the quality of the owner's records. The decisions made before the property reaches the market can influence not only the selling price, but also the likelihood of a successful closing and the amount the owner ultimately keeps.

In The Plex Seller's Guide, experienced Oregon and Washington real estate broker Brent E. Maxson-"The Plex Expert"-provides owners with a practical framework for preparing and completing a small multifamily sale.

This guide will help you:

• Decide whether this is the right time to sell
• Understand what your plex may really be worth
• Improve financial performance before listing
• Prepare the property without overspending
• Organize leases, rent records, expenses, and disclosures
• Protect tenant relationships during the sale
• Develop an effective pricing and marketing strategy
• Reach qualified investors and owner-occupant buyers
• Evaluate buyers and compare competing offers
• Navigate inspections, appraisals, financing, and closing
• Prepare for taxes, a possible 1031 exchange, and life after the sale

The book also includes practical checklists and worksheets covering seller goals, property records, rent rolls, income and expenses, tenant communication, offer comparisons, due diligence, closing, tax planning, and the seller's final action plan.

Whether you own one duplex or a portfolio of small multifamily properties, this guide will help you approach the sale with greater preparation, confidence, and control.

A successful plex sale is not simply the one with the highest price. It is the sale that best serves the owner's financial, personal, and long-term goals.