3950 S Dixie Road, Dalton, GA 30721
Local realty services provided by:Better Homes and Gardens Real Estate Signature Brokers
3950 S Dixie Road,Dalton, GA 30721
$899,000
- - Beds
- - Baths
- 7,395 sq. ft.
- Multi-family
- Active
Listed by: michael williams
Office: selling north georgia realty
MLS#:1528620
Source:TN_CAR
Price summary
- Price:$899,000
- Price per sq. ft.:$121.57
About this home
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 support 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.
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Home facts
- Year built:1977
- Listing ID #:1528620
- Added:4 day(s) ago
- Updated:February 21, 2026 at 03:36 PM
Rooms and interior
- Living area:7,395 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air, Window Unit(s)
- Heating:Central, Heating, Wall Furnace
Structure and exterior
- Roof:Flat, Metal
- Year built:1977
- Building area:7,395 sq. ft.
- Lot area:2.02 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$121.57
- Tax amount:$3,954
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