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$1,825,000

432 4th Avenue
Dalton, Georgia 30721

Active / MLS #7487102 / Multiple Unit (2-4) / Dalton
Listing information updated 8/11/2025 at 2:02pm
Outstanding Investment Opportunity - 12-Unit Multifamily Key Highlights: 100% occupancy - all units leased at $1,150/month, with increases to $1,250/month in late 2025. NOI: $128,000 Cap Rate: 7% Management Fee: 5% Fully renovated in 2024 - new roof, HVAC, interiors, and exterior improvements. Lot size: 0.9 acres - room for laundry facility or self-storage units. Tenants pay electricity and gas; owner pays water (~$500/month). All units have washer/dryer hookups and individual metering. Financial Summary: Scenario Current Gross Income $165,600 Pro Forma -$180,000 NOI $155,000 Value @ 7% Cap-$2.214,286 Immediate strong cash flow with current NOI of $128K. Built-in appreciation of ~$385K from scheduled rent increases. Low maintenance risk due to complete recent renovation. Additional income potential from lot development.
Exterior Type:
Vinyl Siding
Cooling System:
Central Air
Heating System:
Baseboard
Pool:
No
Age:
26 years
Roof Type:
Composition
Parking Type:
Parking Lot
Parking Spaces:
9
Square Feet:
N/A
Acreage:
0.79
Tax Amount:
$5,936
Tax Year:
2023
Zip Code:
30721
City:
Dalton
County:
Whitfield - Ga
Elementary School:
Whitfield - Other
Middle School:
Whitfield - Other
High School:
Whitfield - Other

Listing Office: Keller Williams North Atlanta

Listing Office Phone: 770.663.7291

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$297,237
Average Sale Price
69
Average Days On The Market
94%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 432 4th Avenue, Dalton, GA 30721

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432 4th Avenue, Dalton, GA 30721 is a multiple unit (2-4) currently listed at $1,825,000. This multiple unit (2-4) has been listed on Ansley Real Estate Christie's International since November 13th, 2024 and was built in 1999. Nearby schools include Whitfield - Other.