432 4th Avenue, Dalton, GA 30721

Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
#1#2#3
432 4th Avenue,Dalton, GA 30721
$1,825,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:lou wieland
Office:keller williams north atlanta
MLS#:7487102
Source:FIRSTMLS

Price summary

  • Price:$1,825,000

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 #:7487102
  • Updated:August 11, 2025 at 07:36 PM

Heating and cooling

  • Cooling:Central Air
  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1999
  • Lot area:0.79 Acres

Schools

  • High school:Whitfield - Other
  • Middle school:Whitfield - Other
  • Elementary school:Whitfield - Other

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,825,000
  • Tax amount:$5,936 (2023)
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