New Construction
For Sale
$315,000
Pending
Wendell Street lot 3, Dalton, GA 30720
Residential Income, DALTON, GA
Property Size1,560 SF
Lot Size0.27 Acres
Days on Market9
Property Features for Wendell Street lot 3
General Information
Property type
Residential Multi Family
Property subtype
Condominium
Property condition
Under Construction
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2
Window features
Window Treatments
Patio and Porch features
Deck
Exterior features
Deck
Basement
Crawl Space
Appliances
Dishwasher, Microwave Built-in, Oven/Range, Refrigerator
Elementary school
Eastside
Middle school
Eastbrook
High school
Southeast
Subdivision
5-Whitfield Co-SE
Standard status
Pending
Size
1,560 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Year
2026
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Listing Agency:
Keller Williams Heritage · Keller Williams Realty
(706) 459-3107
Listed By:
Miguel Montoya
(706) 537-9331
Added: Aug 22
Changed: Aug 28
Last Checked: Aug 30 at 3:06PM
MLS# 136282
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 duplex is under construction on a 0.27-acre lot and is scheduled for completion in 4–6 months. The 1,560-square-foot property includes two matching residential units, each with two bedrooms and one full bathroom. Planned interiors feature vinyl flooring, contemporary finishes, and a kitchen appliance package with a dishwasher, built-in microwave, oven/range, and refrigerator. Each side also includes a deck.
The property is located on Wendell Street in Dalton, Georgia, with public water and public sewer service. Central heating and central air conditioning are specified for the building. Construction is identified as 2026, and the lot is described as flat with road-facing frontage.
The property is located on Wendell Street in Dalton, Georgia, with public water and public sewer service. Central heating and central air conditioning are specified for the building. Construction is identified as 2026, and the lot is described as flat with road-facing frontage.
Key Highlights
- Two‑unit duplex with 1,560 square feet of total property size
- Each unit includes 2 bedrooms and 1 full bathroom
- 0.27‑acre lot with a flat site and road‑facing frontage
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
$10,526
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
3.34%
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%
$210,520
$210.5K
Cap Rate 7%
$150,371
$150.4K
Cap Rate 9%
$116,956
$117.0K
Market Conditions
NOI Build-Up for 1,560 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
$15.9K $10.20/SF
− Vacancy
−$875 −$0.56/SF
EGI
$15.0K $9.64/SF
− OpEx
−$4.5K −$2.89/SF
NOI
$10.5K $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%
$210,520
Cap Rate 7%
$150,371
Cap Rate 9%
$116,956
Alternative Uses
Best Use
Multifamily LT 5
$150.4K
$131.6K – $175.4K
NOI $10,526 @ 7.0% cap · market cap 3.34%
Second Best
Apartment 5plus
$135.5K
$118.6K – $158.1K
NOI $9,488 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$249.1K
$218.0K – $290.6K
NOI $17,438 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Explore this area
Business Placement
Demographics for 30720, GA
27,547
Population
10,731
Households
2.6
Avg Household Size
37
Median Age
29%
College-Educated
77%
High-School Grad
48.6 sq mi
ZIP Area
567
Density / Sq Mi
$65,620
Median Household Income
$38,014
Median Earnings
$965
Median Rent
$225,600
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 - Two matching units offer contemporary finishes, full kitchen appliance packages, central HVAC, and deck access.
Where is this duplex located?
The property is located at Wendell Street lot 3 Dalton, GA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,560 square feet of total property size; Each unit includes 2 bedrooms and 1 full bathroom; 0.27‑acre lot with a flat site and road‑facing frontage
