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Dalton, GA 30721 432 4th Avenue

$1,725,000

20 more

Presented By: Lou Wieland with Chapman Hall Realtors;

MLS# 10702926
03/04/2026

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Home Details

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.

Presented By: Lou Wieland with Chapman Hall Realtors;

Interior Features for 432 4th Avenue

Other Interior Features

Above Grade Finished Area Unit TypeSquare Feet

Air Conditioning Y/NYes

BasementNone

Below Grade Finished Area Unit TypeSquare Feet

Fireplace Y/NNo

Heating Y/NYes

Total Fireplaces

General for 432 4th Avenue

Association Fee IncludesNone

Attached Garage No

Body of WaterNone

Building Area UnitsSquare Feet

Carport Y/NNo

CityDalton

Community FeaturesNone

Construction MaterialsVinyl Siding

CoolingCentral Air

CountyWhitfield

DirectionsUse GPS

Electric Expense

Elementary SchoolOther

Fuel Expense

Garage Y/NNo

Gross Income

HOANo

HOA Fee$

HeatingBaseboard

High SchoolOther

LevelsTwo

Living Area UnitsSquare Feet

Lot Size Square Feet34412.4

Lot Size UnitsSquare Feet

MaintenanceExpense0

Middle/Junior High SchoolOther

New ConstructionNo

Number Of Units Total12

Property ConditionResale

Property SubtypeMulti Family

Property TypeResidential Income

SewerPublic Sewer

Standard StatusActive

StatusActive

Structure TypeMulti Family

Subdivision NameNone

Tax Annual Amount6625

Tax Year2024

UtilitiesOther

Year Built1999

Exterior for 432 4th Avenue

Lot Size Acres0.79

Lot Size Area34412.4

Lot Size SourcePublic Records

Parking FeaturesOff Street

Total Parking0

Water SourcePublic

Additional Details

Price History

Schools

High School Salt Creek Elementary School

Middle School Kilmer Elementary School

Elementary School Dirksen Elementary School

Anthony Martin

Agent | Owner

Price $1,725,000

MLS#10702926

List Date 03/04/2026

Property Type Multi-Family

Phone (731) 616-9391

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