GA
Whitfield
Dalton
30721
432 4th Avenue
432 4th Avenue, Dalton, GA 30721
Share Listing
Listing Type
other
Listing Status
Active
25
$1,825,000

Home Details for 432 4th Avenue

Price
$1,825,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1999
Lot size acres
0.79
County
Whitfield
Garage
Days on site
0
MLS Listing#
7704189
Property Description

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.

Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Baseboard
  • Water Features
    • Public
  • Utilities
    • None
  • Parking
    • Parking Lot
School Information
School Information for 432 4th Avenue, Dalton, GA 30721
Elementary School
Whitfield - Other
Middle School
Whitfield - Other
High School
Whitfield - Other
Listing Courtesy: Chapman Hall Realty - 404-252-4512
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Last Updated: 2026-01-15 04:00:50
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EXIT GRASSROOTS REALTY
4448 Marietta St. Suite 200, Powder Springs, GA 30127
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404 324 7321
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