432 4th Avenue
Dalton, GA 30721
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Bed
0
Bath
0.79Acre(Lot)
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 renovatio
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Roofing Information
Composition -
Interior Features
Roof: Composition -
Heating & Cooling
Has Heating: Yes Heating: Baseboard Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1999 Construction Materials: Vinyl Siding Private Pool: No View: Other
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Lot Information
Lot Dimensions: x Lot Size Acres: 0.79 Lot Size Source: Public Records Lot Description: LevelProperty Information
Subdivision: None Source Property Type: Residential Income Levels: Two Property Age: 27
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Listing Price Information
Listing Price: $1725000 Original Price: $1825000 Cash, Conventional
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Tax Information
Parcel Number: 1223916008 Tax Year: 2024 Annual Tax: $6625 Tax Legal Desc: 4TH AVE
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Parking Information
Parking Lot
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School Information
Elementary School: Whitfield - OtherJunior High School: Whitfield - OtherSenior High School: Whitfield - Other -
Utility Information
None -
Location Information
Direction: Use GPS WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Cliffs Street - Lot 35, Dalton, GA, 30721 | $499,900 | 3 | 3 | 1,841 | 0.96 Acre |
| Cliffs Street - Lot 32, Dalton, GA, 30721 | $576,900 | 3 | 3 | 2,248 | 0.93 Acre |
| 297 Artimis Drive, Dalton, GA, 30721 | $289,990 | 3 | 3 | -- | 0.16 Acre |
| 287 Artimis Drive, Dalton, GA, 30721 | $286,990 | 3 | 3 | -- | 0.16 Acre |
| LOT 1 Keith Valley Road, Dalton, GA, 30721 | $298,800 | 3 | 2 | 1,288 | 1.11 Acres |
| 845 New Hope Church Road, Dalton, GA, 30721 | $565,000 | 4 | 3 | 3,658 | 11.73 Acres |
| 845 New Hope Church Road, Dalton, GA, 30721 | $565,000 | 4 | 4 | -- | 11.73 Acres |
| 139 SE Kirby Young Road, Dalton, GA, 30721 | $249,900 | 3 | 2 | 1,230 | 0.80 Acre |
| 1020 Davenport Road, Dalton, GA, 30721 | $204,994 | 2 | 1 | 1,040 | 2.55 Acres |
| 1020 Davenport Road, Dalton, GA, 30721 | $204,994 | 2 | 1 | -- | 2.55 Acres |
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ByOwner last updated this listing 09/04/2026 @ 07:36
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