432 4th Ave

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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....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.
  1. Listed by Lou Wieland • Chapman Hall Realty • 404-441-0719

Property Details for 432 4th Avenue

Subdivision Complex
None
Parking Features
Parking Lot
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 01/16/2026 06:00 AM

Property Details for 432 4th Avenue

StatusActive
MLS #7704189
Days on Market14
Taxes$6,625 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Other
Year Built1999
Lot Size0.79 AC / 34,412 SF
CountyWhitfield County

Location

Listing Courtesy of Chapman Hall Realty, Lou Wieland
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Building Information for 432 4th Avenue

Stories2Residences12Year Built1999Building Size-Lot Size0.79 AC / 34,412 SF

Payment Calculator

$8,959 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,407

Property Taxes

$552

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 432 4th Avenue

Summary
Location and General Information
  • Community Features: None
  • Directions: Use GPS
  • Lake Name: None
  • View: Other
  • Coordinates: -84.957053, 34.766422
Taxes and HOA Information
  • Parcel Number: 1223916008
  • Tax Year: 2024
  • Association: No
  • Tax Legal Description: 4TH AVE
School Information
  • Elementary School: Whitfield - Other
  • High School: Whitfield - Other
  • Middle School: Whitfield - Other
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Baseboard
  • Levels/Stories: Two
  • Window Features: None
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Vinyl Siding
  • Fencing: None
  • Roof Type: Composition
  • Security Features: None
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Proposed Financing: Cash, Conventional
  • Property Condition: Resale
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Lot Features: Level
  • Acreage Source: Public Records
Multi Family
Multi-Family Information
  • Unit Count: 1
  • NUM OF UNITS: 12
Unit 1
  • Unit Deposit Amount: $1,000.00
  • Unit Electric Included: No
  • Unit Features: Central Air
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: No
  • Unit Rent Amount: $1,150.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Rental
Rent Information
  • Occupant Types: Tenant

Property History for 432 4th Avenue

DateEvent & SourcePriceAppreciation
Nov 4, 2010

Sold (Public Record)

Public Record #424296485

$285,000
DateEvent & SourcePrice
11/04/2010

Sold (Public Record)

Public Record #424296485

$285,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 432 4th Avenue

Taxable ValueLand$63,200Additions$288,152Total$351,352
Tax Record2024$11,196 ($933 / month)
Home Facts
Total Finished SqFt8,176 SqFtAbove Grade Finished SqFt8,176 SqFtLot Size34,412 SqFtStyleMiscellaneous CommercialYear Built1999ZoningR-7CountyWHITFIELDAPN12-239-16-008

Schools near 432 4th Avenue

This home is within Dalton City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Blue Ridge School
PublicPK to 5

Hammond Creek Middle School
Public6 to 8

Dalton High School
Public9 to 12

The Dalton Academy
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

432 4th Avenue is a multi-family home for sale in Dalton, GA 30721. This property was listed for sale on January 14, 2026 by Chapman Hall Realty, it's currently listed at $1,725,000. It has been on the market for a total of 14 days and was last sold on November 4, 2010. This listing's school district is Dalton City School District. Nearby schools include Blue Ridge School, Hammond Creek Middle School and Dalton High School. 432 4th Avenue is a 2-bed, 1-bath, multi-family home built in 1999.

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Listing Courtesy of Chapman Hall Realty, Lou Wieland

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.