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3950 S Dixie Hwy Dalton, GA 30721

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Income-producing multifamily portfolio with expansion potential in Dalton, Georgia.

Type:Multifamily
Lot size:
2.02 Acres
Added:
Feb 16, 2026
Days on Market:
61
Last Refresh:
Mar 17 at 1:16 pm

Property Features for 3950 S Dixie Hwy

General Information

Standard status
Active
Lot size
2.02 Acres
Property subtype
Multifamily

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Listing Contact
Michael Williams
Michael Williams

Listing agent Michael Williams License #344170

Listing office Selling North Georgia Realty

Listing date Feb 16, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Selling North Georgia Realty


Overview

Dalton Multifamily Portfolio with Expansion

This income-producing multifamily portfolio, located on South Dixie Highway in Dalton, presents a value-add opportunity with expansion potential. The property consists of 11 units situated on approximately 2.02 acres, offering a scalable asset with in-place rental income. Extensive renovations and repairs have been completed across the portfolio, with all units remodeled during 2024–2025, resulting in units that require only minor turnover 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 the installation of a heavy-duty pump station and new piping throughout the site. The system was designed with sufficient capacity to support 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. It offers an excellent combination of stabilized income, recent improvements, and approved density upside in a growing Dalton rental corridor.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Department Store Food Market Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Dalton
County
Whitfield
State
Georgia
Longitude
-84.980561
Latitude
34.6700942

FAQs

What type of property is this?
Apartment building - Income-producing multifamily portfolio with expansion potential in Dalton, Georgia.
Where is this apartment building located?
The property is located at 3950 S Dixie Hwy Dalton, GA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Approved rezoning to R‑7 High Density Residential; Preliminary site plan shows potential to add six additional 600 SF units, increasing the total to 17 units; **All 11 units remodeled during 2024–2025**, requiring only minor turnover work between tenants
(423) 664-1356 Call to check price and availability
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