Active

3950 S Dixie Road

Dalton, GA 30721

$750,000 $3,162/Mo

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Overview

Bed

Bath

7,395

Sqft

2.02

Acres(Lot)

Description

Value-add multifamily opportunity with expansion upside on South Dixie Highway in Dalton. This income-producing portfolio consists of 11 total units on approximately 2.02 acres, offering a scalable asset with in-place rental income for the growth-minded investor. Extensive renovations and repairs across the portfolio, with the all units remodeled during 2024-2025 resulting in units that only require minor turn-over work between tenants The single-family houses received new roofs in 2022, and the apartments received a new roof in 2024. A major infrastructure upgrade was completed when the property was converted from septic to city sewer, including installation of a heavy-duty pump station and new piping throughout the site. The system was designed with sufficient capacity to suppo rt the proposed additional units Adding to the upside, the property has received final approval for rezoning from R-6 to R-7 High Density Residential, opening the door for increased density and future development A preliminary site plan illustrates the potential to add six additional 600 SF units, bringing the total to 17 units, while remaining within zoning density requirements Financials show approximately $93,547.29 in gross income over the most recent 12-month period, with detailed expense reporting and documented capital expenditures including remodel costs This offering is ideal for investors seeking immediate cash flow, operational history, and a clear path to increasing value through additional unit development. Excellent combination of stabilized income, recent improvements, and approved density upside in a growing Dalton rental corridor.

Property Details

Property Type : Residential Income

Price : $750,000

AD Id : 75406734

MLS Id : 1528620

Beds : 17

Lot Size : 2.02 Acres

Living Area Size : 7,395

Year Built : 1977

County : Whitfield

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 17

Bathroom Information

Total Baths: 19 Full Baths: 10
Flooring Information

Other, Vinyl
Roofing Information

Flat, Metal
Interior Features

Ceiling Fan(s), Other Roof: Flat, Metal Appliances: Refrigerator, Electric Oven Laundry Features: In Kitchen, Other
Heating & Cooling

Has Heating: Yes Heating: Central, Wall Furnace Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Window Unit(s)

Building Information

Year Built: 1977 Building Area Total: 7395 Construction Materials: Vinyl Siding, Other Patio And Porch Features: Other Private Pool: No
Exterior Features

Exterior Features: Rain Gutters

Lot Information

Main Square Feet: 2.02 Acres Lot Size Acres: 2.02 Lot Size Square Feet: 87991.2 Lot Description: Cleared, Few Trees

Property Information

Subdivision: None Source Property Type: Residential Income Property SubType: Multi Family Levels: One Property Age: 49

Listing Price Information

Listing Price: $750000 Cash, Conventional

Tax Information

Parcel Number: 13-116-01-000 Annual Tax: $3954.09 Tax Legal Desc: 2.02A LL116 13 LANDLOT: 116 LANDDIST: 13

Parking Information

Gravel

School Information

Elementary School: Valley Point. Elementary

Junior High School: Valley Point. Middle

Senior High School: Southeast High School
Location Information

Direction: From Dalton, Take HWY 52 toward Thornton Ave. South on S Dixie HWY. Cross HWY 41. Destination on Left. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
112 Gillespie Drive, Dalton, GA, 30721	$328,000	--	--	--

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ByOwner last updated this listing 06/05/2026 @ 16:37

MLS: 1528620 LISTED BY: Michael Williams, Selling North Georgia Realty 706-271-6549 SOURCE: Greater Chattanooga REALTORS