You did not specify your requirements - i.e. is bachelor enough for you, 1 Bedroom, 2 bedroom?
do you not care about the location? and many other conditions required to answer your question.
In General, the answer is Yes. Example: buy a 12 plex in the right location and right price and live in one of its 1 bedroom apartments.. you will probably be left with profit! I think I know where you`re coming from: happy retirement!
Good luck!
Neil