If you own or manage a multifamily property in Central Valley, you’re likely always thinking of ways to boost your NOI (Net Operating Income) and property value. One of the simplest and highest-ROI upgrades you can make?  "Install in-unit washer and dryer machines"

Whether you're managing a 4-plex in Stockton or a 20-unit building in Modesto, adding laundry amenities is a smart move — both from a tenant satisfaction standpoint and a property valuation perspective.

💡 Why It Works

1. Tenants Will Pay More for Convenience
Renters are willing to pay a premium for in-unit laundry. On average, properties with washer/dryer hookups or machines rent for $50–$100 more per month — sometimes even higher depending on the market.

2. Higher Retention = Less Turnover
Tenant turnover is one of your biggest hidden expenses. By adding this convenience, you create stickier tenants who stay longer, saving you thousands in make-ready and vacancy costs.

3. Increased Appraisal Value
Multifamily properties are typically valued using the income approach — so every extra dollar of monthly rent increases your property’s value by $180–$240 per $1/month (using an 6–8% cap rate). That’s serious leverage!

🔧 What Are Your Options?

A. In-Unit Washer/Dryer

• Best for Class A/B units or large renovations.

• Stacked or combo units can fit into closets or kitchens.

B. Washer/Dryer Hookups Only

• More affordable; gives tenants the option to bring their own.

• Still increases rent and appeal without upfront appliance cost.

C. Shared Coin-Op Laundry Room

• Good for older Class C buildings or where space is limited.

• Generates passive income, but lower tenant satisfaction than in-unit.

💰 Cost vs. Return

• Installation Cost (In-Unit): ~$1,200–$2,500 per unit (plumbing, venting, electric, appliances)

• Potential Rent Bump: +$75/unit/month

• Annual ROI: ~36%+ (before tax benefits!)

This is the kind of upgrade that pays for itself in under 3 years — and continues to increase the asset value long after.

🛠 Pro Tips for Implementation

• Get Permits: Always check local codes and get proper plumbing/electrical permits.

• Choose Energy-Efficient Units: Tenants love lower utility bills.

• Market the Upgrade: Update your listing photos, descriptions, and signage to highlight the new amenity.

Final Thoughts

Adding washer and dryer units is one of the fastest, easiest, and most appreciated upgrades you can make to your multifamily property. It improves tenant satisfaction, justifies higher rent, and boosts the value of your asset — all at the same time.

If you’re evaluating how to increase income on your building, this upgrade should be at the top of your list.

Need help evaluating value-add opportunities for your multifamily property?
Let’s talk. I specialize in 5–60 unit properties in San Joaquin and Stanislaus County.
📞 Call or text me at (310) 903-7916 — or DM me on Instagram @kayraetong.cre

Let’s build your wealth through multifamily together. 🏘️