432 4th Ave

Dalton, GA 30721

$1,725,000
Price
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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...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 Realtors

Property Details for 432 4th Avenue

Subdivision
None
Fees Include
None
Parking
Off Street
LISTING UPDATED: 03/18/2026 01:06 AM

Property Details for 432 4th Avenue

StatusActive
MLS #10702926
Days on Market72
Taxes$6,625 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family (5+ Units)
Year Built1999
Lot Size0.79 AC / 34,412 SF
CountyWhitfield County
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Location

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

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

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$9,238 per month

30 year fixed, 6.46% Interest

Principal and Interest

$8,686

Property Taxes

$552

HOA Dues

$0

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Property Information for 432 4th Avenue

Summary
Location and General Information
  • Elementary School: Other
  • High School: Other
  • Middle School: Other
  • Amenities: None
  • Directions: Use GPS
Taxes and HOA
  • Association: No
  • Parcel Number: 1223916008
Owner
  • Owner Pays: Other
Parking
  • Parking Total: 0
Interior and Exterior Features
Interior Features
  • Total Fireplaces: 0
  • Basement Description: None
Property
Utilities
  • Cooling: Central Air
  • Heating Type: Baseboard
  • Water/Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public
Property and Assessments
  • Tax Year: 2024
  • Construction: Vinyl Siding
  • Stories: Two
  • Property Condition: Resale
Lot Information
  • Structure: Multi Family (5+ Units)
Multi Family
Multi-Family Information
  • Number Of Units Total: 12
  • Fuel Expense: $.00
  • Annual Gross Income: $.00
  • Annual Operating Expense: $.00
  • Annual Maintenance Expense: $.00
  • Insurance Expense: $.00
  • Water Sewer Expense: $.00
  • Electric Expense: $.00

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 Record2025$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
Blue Ridge School
Public - PK to 5
Hammond Creek Middle School
Public - 6 to 8
Dalton High School
Public - 9 to 12
The Dalton Academy
Public - 9 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
Public9 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.

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More information about 432 4th Avenue, Dalton, GA 30721

432 4th Avenue is a multi-family home for sale in Dalton, GA 30721. This property was listed for sale on March 4, 2026 by Chapman Hall Realtors, it's currently listed at $1,725,000. It has been on the market for a total of 72 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 0-bed, 0-bath, multi-family home built in 1999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Chapman Hall Realtors, 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.