3963 - 3965 Gilpin Street, Burnaby, BC
- $2,350,000
- 8 bed
- 6 bath
- 5684 sqft
Find 0 multi-family and fourplex properties in Burnaby. Investment real estate with multiple rental units.
in Burnaby
Multi-family homes for sale in Burnaby include duplex, triplex, and fourplex properties across a range of zone designations and neighbourhood types, from side-by-side duplex layouts to purpose-built multi-unit buildings.
When reviewing multifamily homes for sale, verify the zone classification before booking a showing — it determines what you can legally operate and whether future conversion or expansion is permitted. Compare each listing's unit mix: two bedrooms per unit versus larger configurations affects rental income potential significantly. Check whether existing tenants are in place, their lease terms, and what the current vacancy situation looks like. For fourplex homes for sale specifically, confirm whether all four units are separately metered for utilities, as this affects operating costs you'll need to factor into your offer.
Buyers who plan to live in one unit while collecting rental income from the remaining units should compare cap rates across MLS® listings rather than focusing on list price alone. Sellers should list property features like separate entrances, parking allocation, and laundry access upfront — these directly affect how buyers calculate rental income. Investors evaluating a triplex or fourplex should search duplex and triplex homes by zone to identify which multi-family property listings sit in areas where density is increasing, as this affects long-term resale positioning.
Burnaby's multi-family inventory concentrates in established neighbourhoods where rezoning has expanded opportunities for duplex and triplex homes for sale. Buyers will find side-by-side duplex layouts alongside larger fourplexes for sale, with multi-unit investment properties spread across both east and west Burnaby. Browse and search current multifamily listings on Strawhomes to compare available multi-family homes by zone, unit count, and rental income profile.