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432 4th Ave, Dalton, GA 30721

  • $1,725,000

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    bed

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    bath

Multi-family for sale 176 days
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About 432 4th Ave

Property type Multi-family
Year built 1999
HOA fee $0/month
Lot size 0.79 Acre
Movoto estimate
Rental estimate
Property description
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.
Listed by
Listing Agent - Lou Wieland
Listing Office - Chapman Hall Realtors
Source: Georgia MLS mls logo
MLS#10702926 • last updated 5 months ago
Movoto checked Georgia MLS for data 12 minutes ago
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Overview
Cooling/AC Central Air
Heating Baseboard
Levels/Style Two, Multi Family
SubType Multi Family
Status Active
MLS # 10702926
Property Type Residential Income
Lot Size (Acres) 0.79
Lot Size (Sqft) 34412.4
Property Tax 6625
Year Built 1999
Property Condition Resale
Exterior
Construction Vinyl Siding
Parking Off Street
Amenities / Utilities
Water/Sewer Public Sewer
Water Source Public
HOA Fee Includes None
Location
Body of Water None
Subdivision None
Community Features None
Elementary School Other
High School Other
Middle School Other
Directions Use GPS
APN 1223916008
Multifamily Details
Total # of Units 12
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3/10
Blue Ridge School
public Grades PK, K-5
Dalton City School District
5/10
Hammond Creek Middle School
public Grades 6-8
Dalton City School District
7/10
Dalton High School
public Grades 9-12
Dalton City School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • 432 4th Ave

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