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432 4th Avenue
Dalton GA 30721 US

$1,725,000

Active Listing ID 10702926
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Lot: 0.79 Acres
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Other

$1,725,000

Active Listing ID 10702926
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432 4th Avenue 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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Property Features

  • Facts
  • Lot Size: 0.79 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Heating Fuels: Baseboard

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1725000
  • unparsedaddress: 432 4th Avenue
  • postalcity: Dalton
  • stateorprovince: GA
  • country: US
  • postalcode: 30721
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.79
  • lotsizeunits: Acres
  • lotsizearea: 0.79
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 34.766335
  • longitude: -84.957102
  • listagentfullname: Lou Wieland
  • listagentemail: lou@louwieland.com
  • listagentkey: 3yd-GAMLS-WIELANDLOU
  • listagentmlsid: WIELANDLOU
  • listagentpreferredphone: 4044410719
  • listagentofficephone: 4042529500
  • listofficekey: 3yd-GAMLS-CHSS01
  • listofficemlsid: CHSS01
  • disclaimer: Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GAMLS
  • yearbuilt: 1999
  • listingcontractdate: 2026-03-04
  • listagenturl: http://www.chapmanhallrealtor.com
  • countyorparish: Whitfield
  • parcelnumber: 1223916008
  • cooling: Central Air
  • constructionmaterials: Vinyl Siding
  • heating: Baseboard
  • numberofunitstotal: 12
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Off Street
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.9571, 34.766335
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Chapman Hall of Atlanta, REALTORS, INC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"lou@louwieland.com", "ListBrokerageCity":"Atlanta", "ListBrokerageCountry":"US", "ListBrokerageEmail":"deborah@chapmanhallrealtors.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/GAMLS/c5ababc31c953cf9011c957d08b81845/20080925180000891.pjpeg", "ListBrokerageName":"Chapman Hall of Atlanta, REALTORS, INC", "ListBrokeragePhone":"404-236-0043", "ListBrokeragePostalCode":"30328", "ListBrokerageStateOrProvince":"GA", "ListBrokerageUnitNumber":"Suite 120", "ListBrokerageUnparsedAddress":"6100 Lake Forrest Drive", "ListBrokerageWebsiteUrl":"http://www.chapmanhallrealtor.com", "ListOfficeAddress1":"6100 Lake Forrest Drive, Suite 120 ", "ListOfficeAddress2":"Suite 120", "ListOfficeBrokerMlsId":"CHSS01", "ListOfficeCity":"Atlanta", "ListOfficeCountry":"USA", "ListOfficeEmail":"chapmanhallstaff@gmail.com", "ListOfficePostalCode":"30328", "ListOfficeStateOrProvince":"GA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Dalton, GA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/432-4th-Ave_Dalton_GA_30721_M94123-52808?f=listhub&s=GAMLS&m=10702926&c=rexren", "MLSModificationTimestamp":"2026-03-18 05:06:26", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6625, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/18/2026 5:41:39 AM GMT
Source Updated Date: 3/24/2026 12:49:21 PM GMT

Courtesy of: Lou Wieland, Chapman Hall Realtors, lou@louwieland.com

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.