432 4th Avenue, Dalton, GA 30721

Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
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.

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1999
  • Listing ID #:7487102
  • Updated:September 30, 2025 at 01:21 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)
MLS LogoListings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here (https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. ©2025 First Multiple Listing Service, Inc.

New listings near 432 4th Avenue