Dalton, GA Triplex For
112 Gillespie Drive Dalton, GA 30721
112 Gillespie Drive, Dalton, GA, 30721
$328,000
Pending
For Sale
$328,000
Pending
MULTI_FAMILY - DALTON, GA
Property Size1,904 SF
Lot Size0.50 Acres
Days on Market123
Property Features for 112 Gillespie Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 1, Laundry Room, Bedroom 1, Bedroom 2, Bedroom 3
- Window features
- Window Treatments
- Patio and Porch features
- Deck
- Interior features
- Ceiling Fan(s), Laundry Room, Water Heater-Electric
- Exterior features
- Deck
- Basement
- Crawl Space
- Appliances
- Refrigerator, Vent Hood
- Standard status
- Pending
- APN
- 12-281-02-000
- Size
- 1,904 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Back on the market (Seller's NOT at fault.) There is NO sign on property to keep disturbance to the tenants at a minimum. All 3 units share one water meter (approx. $32.00/mo. for water bill). Each unit has independent power meter with Georgia Power.
- Tax Annual Amount
- 2197
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1993
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Carpet, Laminate
Listing Agency
Coldwell Banker Kinard Realty - Dalton
(706) 226-5182
704 S Thornton Avenue, Dalton, GA
Listed by
Michael Mondragon
(706) 934-4702
Added: Mar 17 Checked: Jul 17 at 11:06 am
MLS# 135115
Listing URL
Copyright © 2026 Carpet Capital Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This triplex is located in Dalton, Georgia. Each of the three units features one bedroom, one bathroom, and a laundry room. The property has historically maintained high occupancy rates, with vacancies lasting no more than two weeks. Its location provides convenient access to the mall, Wal-Mart, restaurants, the bypass, and gas stations. The property is suitable for investing, "house hacking", rental income generation, and wealth building. The air conditioning units and roof are under 5 years old. The property size is 1904 square feet and the lot size is 0.5 acres.
Key Highlights
- Triplex with 1BD/1BA units, each unit includes its own laundry room
- Never vacant more than two weeks, per remarks
- All A/C units and roof are under 5 years old, per remarks
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.4k | $10.20 |
| − Vacancy | −$1.1k | −$0.56 |
| EGI | $18.4k | $9.64 |
| − OpEx | −$5.5k | −$2.89 |
| NOI | $12.8k | $6.75 |
1,904 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$183.5K
$160.6K – $214.1K
NOI $12,847 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$165.4K
$144.8K – $193.0K
NOI $11,580 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$304.0K
$266.0K – $354.7K
NOI $21,283 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Triplex near mall, Wal-Mart, restaurants, bypass, and gas stations.
Where is this triplex located?
The property is located at 112 Gillespie Drive Dalton, GA.
What is the asking price?
The asking price for this property is $328,000.
What are key features of this property?
This property features: Triplex with 1BD/1BA units, each unit includes its own laundry room; Never vacant more than two weeks, per remarks; All A/C units and roof are under 5 years old, per remarks
