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
$1,725,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: lou wieland404-441-0719
Office: chapman hall realty
MLS#:7704189
Source:FIRSTMLS
Price summary
- Price:$1,725,000
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 #:7704189
- Updated:February 10, 2026 at 02:31 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:$1,725,000
- Tax amount:$6,625 (2024)
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