MDU

What is a Multifamily Rental (Multi-Dwelling Unit or MDU)?

What is a Multifamily Rental (Multi-Dwelling Unit or MDU)?

Multiple yet separate housing units in a single building or several buildings. An apartment building is one example, while other common examples include duplexes, triplexes, quadplexes, and mixed-use properties. In general, HUD 223(f) loans are only available for multifamily properties with 5+ units.