What Basic Property Class Code is used for properties that contain multiple dwelling units?

The Basic Property Class Code used for properties that contain multiple dwelling units is Multi-Family. This classification encompasses properties designed to house multiple families or occupants, such as apartment complexes, duplexes, and other types of multi-unit residential buildings. Multi-Family properties are specifically intended for residential use where several households can live within the same structure or group of structures, thereby differing from single-family residences which are designated for individual households.

In contrast, other classifications like Industrial pertain to properties used for manufacturing or production activities, while Recreation refers to properties designated for recreational purposes, such as parks or sports complexes. The Residential classification includes single-family homes and may encompass some categories of Multi-Family properties but lacks the specificity required to address properties with multiple dwelling units effectively. As such, Multi-Family is the most accurate and relevant classification for properties featuring multiple living spaces.