Two-Story
For Sale
$350,000
1915 Riverbend Rd, Dalton, GA 30721
Residential Income, DALTON, GA
Property Size1,920 SF
Price / SF$182.29
Days on Market16
Property Features for 1915 Riverbend Rd
General Information
Property type
Residential Multi Family
Property subtype
Condominium
Property condition
Under Construction
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 3, Bedroom 3, Bedroom 1, Laundry Room, Bathroom 1, Bedroom 4, Bathroom 4, Bathroom 2, Bedroom 2
Window features
Window Treatments
Patio and Porch features
Deck
Interior features
Ceiling Fan(s), Laundry Room
Exterior features
Deck
Basement
Crawl Space
Appliances
Dishwasher, Microwave Built-in, Oven/Range
Elementary school
Antioch
Middle school
Eastbrook
High school
Southeast
Elementary school district
06
Middle school district
06
High school district
06
Subdivision
5-Whitfield Co-SE
Standard status
Active
Size
1,920 SF
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Listing Agency:
Keller Williams Heritage · Keller Williams Realty
(706) 459-3107
Listed By:
Eric Azua
(706) 280-9971
Added: Aug 14
Changed: Aug 19
Last Checked: Aug 29 at 3:06PM
MLS# 136217
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 two-story duplex is under construction and measures 1920 square feet. Planned interior features include granite countertops, vinyl flooring, ceiling fans, and a dedicated laundry room. The appliance package includes a dishwasher, built-in microwave, and oven/range. Central heating and central air are specified for climate control, while a deck provides exterior space. Room records include four bedrooms and four bathrooms.
The property is located at 1915 Riverbend Rd in Dalton, Georgia 30721, within Whitfield County. Public water and public sewer are identified for the property. Construction is scheduled for completion in 2026.
The property is located at 1915 Riverbend Rd in Dalton, Georgia 30721, within Whitfield County. Public water and public sewer are identified for the property. Construction is scheduled for completion in 2026.
Key Highlights
- Two‑story duplex under construction
- 1920 square feet of property size
- Granite countertops, vinyl flooring, and ceiling fans
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,955
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$259,100
$259.1K
Cap Rate 7%
$185,071
$185.1K
Cap Rate 9%
$143,944
$143.9K
Market Conditions
NOI Build-Up for 1,920 SF
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.
Gross rent
$19.6K $10.20/SF
− Vacancy
−$1.1K −$0.56/SF
EGI
$18.5K $9.64/SF
− OpEx
−$5.6K −$2.89/SF
NOI
$13.0K $6.75/SF
Area
Whitfield County, GA
Vacancy
5.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$259,100
Cap Rate 7%
$185,071
Cap Rate 9%
$143,944
Alternative Uses
Best Use
Multifamily LT 5
$185.1K
$161.9K – $215.9K
NOI $12,955 @ 7.0% cap · market cap 3.70%
Second Best
Apartment 5plus
$166.8K
$146.0K – $194.6K
NOI $11,677 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$306.6K
$268.3K – $357.7K
NOI $21,462 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 30721, GA
53,432
Population
19,866
Households
2.7
Avg Household Size
34
Median Age
12%
College-Educated
70%
High-School Grad
126.8 sq mi
ZIP Area
421
Density / Sq Mi
$57,749
Median Household Income
$33,029
Median Earnings
$898
Median Rent
$172,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Under-construction duplex with granite countertops, a deck, central HVAC, and public water and sewer service.
Where is this duplex located?
The property is located at 1915 Riverbend Rd Dalton, GA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑story duplex under construction; 1920 square feet of property size; Granite countertops, vinyl flooring, and ceiling fans
