Value-add multifamily opportunity with expansion upside on South Dixie Highway in Dalton. This income-producing portfolio consists of 11 total units on approximately 2.02 acres, offering a scalable asset with in-place rental income for the growth-minded investor.
Extensive renovations and repairs across the portfolio, with the all units remodeled during 2024-2025 resulting in units that only require minor turn-over work between tenants
The single-family houses received new roofs in 2022, and the apartments received a new roof in 2024.
A major infrastructure upgrade was completed when the property was converted from septic to city sewer, including installation of a heavy-duty pump station and new piping throughout the site. The system was designed with sufficient capacity to support the proposed additional units
Adding to the upside, the property has received final approval for rezoning from R-6 to R-7 High Density Residential, opening the door for increased density and future development
A preliminary site plan illustrates the potential to add six additional 600 SF units, bringing the total to 17 units, while remaining within zoning density requirements
Financials show approximately $93,547.29 in gross income over the most recent 12-month period, with detailed expense reporting and documented capital expenditures including remodel costs
This offering is ideal for investors seeking immediate cash flow, operational history, and a clear path to increasing value through additional unit development. Excellent combination of stabilized income, recent improvements, and approved density upside in a growing Dalton rental corridor.
Pending
Price cut: $119K (5/29)
$750,000
3950 S Dixie Hwy, Dalton, GA 30721
16beds
7,395sqft
Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$101/sqft
$-- HOA
What's special
- 135 days |
- 235 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Michael Williams 706-271-6549,
Selling North Georgia Realty
Source: Greater Chattanooga Realtors,MLS#: 1528620
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 18
- Full bathrooms: 5
- 1/2 bathrooms: 6
Heating
- Central, Wall Furnace
Cooling
- Central Air, Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Electric Oven, Refrigerator
- Laundry: In Kitchen, Other
Features
- Ceiling Fan(s), Other
- Flooring: Luxury Vinyl, Other
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 7,395
- Total interior livable area: 7,395 sqft
Property
Parking
- Parking features: Gravel
Features
- Levels: One
- Patio & porch: Other
- Exterior features: Rain Gutters
Lot
- Size: 2.02 Acres
- Features: Cleared, Few Trees
Details
- Additional structures: Storage
- Parcel number: 1311601000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Other, Vinyl Siding
- Foundation: Other
- Roof: Flat,Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Dalton
Financial & listing details
- Price per square foot: $101/sqft
- Tax assessed value: $385,112
- Annual tax amount: $3,954
- Date on market: 2/16/2026
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,097/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Pending sale | $750,000$101/sqft |
Source: Greater Chattanooga Realtors #1528620 Report a problem | ||
| 5/29/2026 | Price change | $750,000-13.7%$101/sqft |
Source: | ||
| 4/17/2026 | Price change | $869,000-3.3%$118/sqft |
Source: | ||
| 2/16/2026 | Listed for sale | $899,000-9.2%$122/sqft |
Source: | ||
| 2/1/2026 | Listing removed | $990,000$134/sqft |
Source: | ||
| 9/9/2025 | Listed for sale | $990,000+120%$134/sqft |
Source: | ||
| 7/1/2022 | Sold | $450,000+75.1%$61/sqft |
Source: Public Record Report a problem | ||
| 12/12/2019 | Sold | $257,000-32%$35/sqft |
Source: Public Record Report a problem | ||
| 9/7/2006 | Sold | $378,000$51/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,391 +5% | $154,045 +10.8% |
| 2024 | $3,230 -31% | $139,042 -18.2% |
| 2023 | $4,679 +25.8% | $169,884 +34.7% |
| 2022 | $3,721 -3.3% | $126,144 |
| 2021 | $3,848 +20.7% | $126,144 +9.4% |
| 2020 | $3,187 -12.3% | $115,343 |
| 2019 | $3,634 +1.6% | $115,343 |
| 2018 | $3,576 -1.6% | $115,343 |
| 2017 | $3,634 +5.4% | $115,343 +1.4% |
| 2016 | $3,449 | $113,752 |
| 2014 | $3,449 +12.6% | $113,752 |
| 2013 | $3,062 | $113,752 |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 30721
Nearby schools
GreatSchools rating
- 6/10Valley Point Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 6/10Valley Point Middle SchoolGrades: 6-8Distance: 0.9 mi
- 5/10Southeast Whitfield County High SchoolGrades: 9-12Distance: 5 mi
Schools provided by the listing agent
- Elementary: Valley Point. Elementary
- Middle: Valley Point. Middle
- High: Southeast High School
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Georgia
- Whitfield County
- Dalton
- 30721
- 3950 S Dixie Hwy




