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432 4th Avenue, Dalton, GA 30721

Dalton
Local realty services provided by:CENTURY 21 Novus
432 4th Avenue,Dalton, GA 30721
$1,725,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: lou wieland
Office: chapman hall realtors
MLS#:10702926
Source:METROMLS

Price summary

  • Price:$1,725,000

About this home

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.

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Home facts

  • Year built:1999
  • Listing ID #:10702926
  • Updated:June 16, 2026 at 10:56 AM

Heating and cooling

  • Cooling:Central Air
  • Heating:Baseboard
  • Central air:Yes

Structure and exterior

  • Year built:1999
  • Lot area:0.79 Acres
  • Construction Materials:Vinyl Siding
  • Levels:2 Story

Schools

  • High school:Other
  • Middle school:Other
  • Elementary school:Other

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,725,000
  • Tax amount:$6,625 (2024)

Parking

  • Parking description:Off Street Parking
MLS Logo2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed June 16, 2026 METROMLS Member Broker: Curtis North

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