432 4th Avenue Dalton, GA $ 1,825,000
432 4th Avenue
$ 1,825,000
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432 4th Avenue

Dalton, GA, 30721
$ 1,825,000
Bedrooms2 Baths1.0

Monthly Estimate*

$ 11,386

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Multi-Family Home for sale in Dalton, GA

for $1,825,000 with 2 bedrooms and 1 full bath. This home was built in 1999 on a lot size of 0.79.

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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Multi-Family Active

Price

$ 1,825,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 5,936

Style

Lot Size

0.79

Year Built

1999

Town/City

Dalton

County/Region

Whitfield

MLS | Web ID

7487102

Features
General
Sewer Public Sewer
Heating Baseboard
Cooling Central Air
Utilities None
Possession Negotiable
Roof Composition
Security Features None
Construction Materials Vinyl Siding
Year Built 1999
View Other
Levels Two
Property Subtype Other
Tax Year 2023
Waterfront Features N
Community Features None
Accessibility None
County Whitfield - GA
Net Operating Income 127000
Property Type Residential Income
HOA No
Energy Efficient None
Subdivision Name None
Green Energy Generation None
Status Active
Directions Use GPS
High School Whitfield - Other
City Dalton
Body of Water None
Number Of Units Total 12
Elementary School Whitfield - Other
Property Attached Y/N No
Tax Annual Amount 5936
Home Warranty Y/N No
Middle/Junior High School Whitfield - Other
Property Condition Resale
Standard Status Active
Occupancy Type Tenant
Cap Rate 7
Legal Description 4TH AVE
Corporate Owner None
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Interior
Flooring Laminate
Window Features None
Total Baths 0
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Exterior
Fencing None
Parking Features Parking Lot
Lot Features Level
Water Source Public
Total Parking 9
Lot Dimensions x
Lot Size Acres 0.79
Private Pool No
Lot Size Source Estimated
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Internal Only
Street Number 1 432
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* Excluded Features
List By
Lou Wieland

Listing Agent

Keller Williams North Atlanta

Broker

Lou@louwieland.com

Email

Affordability Calculator

$11,880
Per Month
96%
4%
0%
Monthly Principal & Interest
$11,386
Monthly Property Taxes
$495
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4509259 Elementary School
4371881 Middle School
Whitfield - Other High School High School
Pricing History
DatePricePrice ChangeDescription
8/6/2025$1,825,000 -3.95% Price Down
11/15/2024$1,900,000 Listed Price

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432 4th Avenue, Dalton, GA, 30721 is a Multi-Family Home for sale at $1,825,000 with a lot size of 0.79. 432 4th Avenue has 2 bedrooms, 1.0 baths, and was built in 1999. The property's zip code is 30721 which is in Dalton, GA