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Pending
  • Price cut: $119K (5/29)
    $750,000

    3950 S Dixie Hwy, Dalton, GA 30721

    16beds
    7,395sqft
    : 
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    Multi Family
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $101/sqft
    $-- HOA

    What's special

    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.
    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

        DateEventPrice
        6/23/2026Pending sale$750,000$101/sqft
        Source: Greater Chattanooga Realtors #1528620 Report a problem
        5/29/2026Price change$750,000-13.7%$101/sqft
        Source: Carpet Capital AOR #133897 Report a problem
        4/17/2026Price change$869,000-3.3%$118/sqft
        Source: Carpet Capital AOR #133897 Report a problem
        2/16/2026Listed for sale$899,000-9.2%$122/sqft
        Source: Carpet Capital AOR #133897 Report a problem
        2/1/2026Listing removed$990,000$134/sqft
        Source: Carpet Capital AOR #130898 Report a problem
        9/9/2025Listed for sale$990,000+120%$134/sqft
        Source: Carpet Capital AOR #130898 Report a problem
        7/1/2022Sold$450,000+75.1%$61/sqft
        Source: Public Record Report a problem
        12/12/2019Sold$257,000-32%$35/sqft
        Source: Public Record Report a problem
        9/7/2006Sold$378,000$51/sqft
        Source: Carpet Capital AOR #85017 Report a problem

        Public tax history

        YearProperty taxesTax 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

        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

        Getting around

        3 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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