What is the term for properties that are often owned by individual investors or families?

The term that best defines properties frequently owned by individual investors or families is residential properties. Residential properties are designed for people to live in, which includes single-family homes, duplexes, apartments, and condominiums, among others. This type of property typically caters to the housing needs of individuals and families looking for a place to reside.

In contrast, commercial properties refer to real estate used for business purposes, such as offices, retail spaces, and warehouses, which are not typically owned by individual investors for personal use. Corporate properties would denote real estate owned or leased by corporations, mainly for operational use rather than individual family residences. Shared properties suggest ownership or use is shared among multiple parties, which is less common in individual family scenarios.