Outstanding Investment Opportunity - 12-Unit Multifamily Key Highlights: * 100% occupancy - all units leased at $1,150/month, with increases to $1,250/month in late 2025. * NOI: $128,000 * Cap Rate: 7% * Management Fee: 5% * Fully renovated in 2024 - new roof,HVAC, interiors, and exterior improvements. * Lot size: 0.9 acres - room for laundry facility or self-storage units. * Tenants pay electricity and gas; owner pays water (~$500/month). * All units have washer/dryer hookups and individual metering. Financial Summary: Scenario Current Gross Income $165,600 Pro Forma -$180,000 NOI $155,000 Value @ 7% Cap-$2.214,286 * Immediate strong cash flow with current NOI of $128K. * Built-in appreciation of ~$385K from scheduled rent increases. * Low maintenance risk due to complete recent renovation. * Additional income potential from lot development.
Active
$1,725,000
432 4th Ave, Dalton, GA 30721
--beds
--baths
--sqft
Multi Family
Built in 1999
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
New roofExterior improvements
- 123 days |
- 146 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Lou Wieland 404-441-0719,
Chapman Hall Realtors
Source: GAMLS,MLS#: 10702926
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Facts & features
Interior
Heating
- Baseboard
Cooling
- Central Air
Features
- Basement: None
- Has fireplace: No
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Body of water: None
Lot
- Size: 0.79 Acres
Details
- Parcel number: 1223916008
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Resale
- New construction: No
- Year built: 1999
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Features: None
- Subdivision: None
HOA
- Has HOA: No
- Services included: None
Location
- Region: Dalton
Financial & listing details
- Annual tax amount: $6,625
- Date on market: 3/4/2026
- Cumulative days on market: 123 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,318/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2026 | Listed for sale | $1,725,000-5.5% |
Source: | ||
| 1/14/2026 | Listing removed | $1,825,000 |
Source: | ||
| 8/6/2025 | Price change | $1,825,000-3.9% |
Source: | ||
| 11/15/2024 | Listed for sale | $1,900,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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
- 3/10Blue Ridge SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Dalton Jr. High SchoolGrades: 8Distance: 2.1 mi
- 5/10Dalton High SchoolGrades: 9-12Distance: 1.9 mi
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A local lender can help you make sure your offer is ready when you are.
- Georgia
- Whitfield County
- Dalton
- 30721
- 432 4th Ave





