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Renovated 12-Unit Apartment Building
For Sale
$1,725,000

432 4th Avenue, Dalton, GA 30721

Residential Income, Dalton, GA

Property SizeContact for details
Lot Size0.79 Acres
Days on Market230

Property Features for 432 4th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Parking Lot
Lot features Level
Elementary school Whitfield - Other
Middle school Whitfield - Other
High school Whitfield - Other
Directions Use GPS
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 Agency: Chapman Hall Realty
Listed By: Lou Wieland
Added: Jan 14 Changed: Aug 31 Last Checked: Sep 1 at 2:06AM
MLS# 7704189

Copyright © 2026 First Multiple Listing Service, Inc. 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 12-unit apartment building in Dalton, Georgia, was fully renovated in 2024. Improvements include a new composition roof, HVAC systems, updated interiors, and exterior work. Each unit includes washer and dryer hookups and individual metering. The property has central air, baseboard heating, vinyl siding, a parking lot, public water, and public sewer.

The building was constructed in 1999 and is reported at 100% occupancy. Tenants pay electricity and gas, while the owner pays for water. The property also carries a reported 7% cap rate and is positioned on 4th Avenue in Dalton, within Whitfield County.

Key Highlights

  • 12‑unit apartment building with 100% occupancy
  • Fully renovated in 2024 with new roof, HVAC, interiors, and exterior improvements
  • 7% cap rate

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Parking Lot & Garage Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,263
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully renovated multifamily property with individual utility metering, washer and dryer hookups, and on-site parking.
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: 12‑unit apartment building with 100% occupancy; Fully renovated in 2024 with new roof, HVAC, interiors, and exterior improvements; 7% cap rate
More about this property
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