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3950 S Dixie Rd, Dalton, GA 30721

  • $750,000

  • 17

    bed

  • 19

    bath

  • 7,395

    Sqft ($101/Sqft)

Multi-family pending
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About 3950 S Dixie Rd

Property type Multi-family
Year built 1977
HOA fee $0/month
Lot size 2.02 Acre
Movoto estimate
Property description
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.
Listed by
Listing Agent - Michael Williams
Listing Agent Contact: 706-271-6549
Listing Office - Selling North Georgia Realty
Source: GCAR MLS mls logo
MLS#1528620 • last updated 3 weeks ago
Movoto checked GCAR MLS for data 11 minutes ago
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Overview
Cooling/AC Ceiling Fan(s), Central Air, Window Unit(s)
Heating Central, Wall Furnace
Levels/Style One, Other, Multi Family, See Remarks
MLS # 1528620
SubType Multi Family
Living Area 7395
Status Pending
Lot Size (Acres) 2.02
Lot Size (SqFt) 87991.2
Property Tax 3954.09
Condition Updated/Remodeled
Year Built 1977
Interior
Total # of Bathrooms 19
Total # of Bedrooms 17
Laundry In Kitchen, Other
Flooring Luxury Vinyl, Other
Interior Features Ceiling Fan(s), Other
Appliances Refrigerator, Electric Oven
Exterior
Roof Flat, Metal
Construction Vinyl Siding, Other
Parking Gravel
Patio/Porch Other
Other Structures Storage
Exterior Features Rain Gutters
Lot Features Cleared, Few Trees
Amenities / Utilities
Water Source Public
Location
Subdivision None
Elementary School Valley Point. Elementary
Middle School Valley Point. Middle
High School Southeast High School
APN 13-116-01-000
Directions From Dalton, Take HWY 52 Toward Thornton Ave. South On S Dixie HWY. Cross HWY 41 Destination On Left.
Multifamily Details
Total # of Units 11
Lot/ Land Details
Road Frontage County Road
Road Surface Asphalt
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Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

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94/100
Family
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Dining
67/100
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  • Real Estate
  • GA
  • Whitfield County
  • Dalton
  • 30721
  • 3950 S Dixie Rd

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