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
- 172 days |
- 199 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Lou Wieland 404-441-0719,
Chapman Hall Realtors
Source: GAMLS,MLS#: 10702926
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: 172 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,335/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2026 | Listed for sale | $1,725,000-5.5% |
Source:  FMLS GA #7704189 Report a problem | ||
| 1/14/2026 | Listing removed | $1,825,000 |
Source: FMLS GA #7487102 Report a problem | ||
| 8/6/2025 | Price change | $1,825,000-3.9% |
Source: FMLS GA #7487102 Report a problem | ||
| 11/15/2024 | Listed for sale | $1,900,000 |
Source: FMLS GA #7487102 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
- $--2 bd1 ba-- sqft432 4th Ave STE 105, Dalton, GA 30721Off Market
- $154,800-- bd1 ba1.1k sqft426 4th Ave, Dalton, GA 30721Off Market
- $170,0002 bd1 ba745 sqft441 4th Ave, Dalton, GA 30721Sold
- $21,000-- bd-- ba-- sqft11 Lane Rd, Dalton, GA 30721Off Market
- $198,300-- bd-- ba1.3k sqft601 4th Ave, Dalton, GA 30721Off Market
- $237,500-- bd3 ba2k sqft439 4th Ave, Dalton, GA 30721Off Market
- $435,191-- bd2 ba3.1k sqft423 4th Ave, Dalton, GA 30721Off Market
- $200,000-- bd2 ba1.2k sqft803 Kenner St, Dalton, GA 30721Off Market
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.
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