Tenement

Noun

 * 1) a building that is rented to multiple tenants, especially a low-rent, run-down one
 * 2)  any form of property that is held by one person from another, rather than being owned

Thesaurus
Augean stables, acres, apartment, apartment house, chambers, chattels real, cold-water flat, condominium, cooperative apartment house, demesne, domain, dump, duplex, duplex apartment, duplex house, flat, flats, garden apartment, grounds, high-rise apartment building, hole, honor, hovel, land, landed property, lands, lodgings, lot, lots, manor, messuage, parcel, penthouse, pesthole, pigpen, pigsty, plague spot, plat, plot, praedium, property, quadrat, railroad flat, real estate, real property, realty, rental, rookery, rooms, set of rooms, slum, stable, sty, suite, tenements, the slums, toft, warren