Explain 'multi-family dwelling'.

A multi-family dwelling is specifically designed to accommodate multiple families or households within a single structure or property. This type of property often includes apartments, duplexes, triplexes, or larger residential buildings that contain several units, each intended for occupancy by different families. The design facilitates shared amenities and spaces while providing residents with their own private living areas.

This concept is essential in urban planning and real estate, as multi-family dwellings address the housing needs of larger populations in a more efficient manner compared to single-family homes. They can also foster community interactions among residents due to the close proximity of living spaces. This characteristic distinguishes multi-family dwellings from other property types that serve either single-family units or commercial purposes.