“What is a fair value for a four plex that is producing $6,500 per month in rent?”
Nobody can give you an intelligent answer without knowing where the property is located.
A gross rent multiplier may not be the best way to value a 4-plex, but if you do use it, you’ll have to know what the GRM is for similar properties listed and sold in that particular neighborhood. A fair GRM in La Jolla may be double a fair GRM in North Park.
