432 4th Avenue Dalton, GA 30721
- Added:
- Jan 14, 2026
- Days on Market:
- 111
- Last Refresh:
- May 5 at 10:06 am
Property Features for 432 4th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 1223916008
- Lot size
- 0.79 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 6625
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1999
- Floors in Building
- 2
- Number of units
- 1
- Building materials
- Vinyl Siding
- Roof type
- Composition
Listing agent Lou Wieland (404) 236-0043
Listing office Chapman Hall Realty 6100 Lake Forest Drive Suite 120, Atlanta, GA (404) 252-4512
Listing date Jan 14, 2026
MLS# 7704189
Listing URL
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Overview
Renovated Multifamily Investment Opportunity
This multifamily property in Dalton, GA, presents an investment opportunity with 12 units. The property is currently 100% occupied, with all units leased at $1,150 per month, and scheduled rent increases to $1,250 per month in late 2025. The current net operating income (NOI) is $128,000, reflecting a 7% capitalization rate. A 5% management fee is in place. The property was fully renovated in 2024, including a new roof, HVAC system, interiors, and exterior improvements. Situated on a 0.79-acre lot, there is potential for developing a laundry facility or self-storage units. Tenants are responsible for electricity and gas, while the owner covers water expenses, which average approximately $500 per month. All units are equipped with washer and dryer hookups and individual metering. The current gross income is $165,600, with a pro forma of $180,000. The property offers immediate strong cash flow and built-in appreciation from scheduled rent increases. The recent complete renovation contributes to low maintenance risk. Additional income potential exists through lot development.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Dalton
- County
- Whitfield
- State
- Georgia
- Longitude
- -84.9566998
- Latitude
- 34.7664624
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully renovated 12-unit multifamily property with strong cash flow.
Where is this apartment building located?
The property is located at 432 4th Avenue Dalton, GA.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: 100% Occupancy: Enjoy immediate strong cash flow with a current NOI of $128,000.; Fully Renovated in 2024: Benefit from a new roof, HVAC, interiors, and exterior improvements, minimizing maintenance concerns.; Scheduled Rent Increases: Built‑in appreciation of ~$385K from rent increases to $1,250/month in late 2025.
