# 432 4th Avenue, Dalton, GA 30721

> **TL;DR:** residential multi family, $1,725,000, built 1999.
> A/C. Est. $7,475/mo. Listed 89 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,725,000 |
| Year Built | 1999 |
| Lot Size | 34,412 sqft (0.79 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 89 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $7,475 |
| **Total** | **$7,475** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1999
- 0.79 acre lot
- 2 stories

## Description

### Agent 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.

## Location

- **Address:** 432 4th Avenue, Dalton, GA 30721
- **County:** Whitfield
- **Coordinates:** 34.766335, -84.957102
- **Google Maps:** https://www.google.com/maps?q=34.766335,-84.957102

## Listing Agent

- **Name:** Lou Wieland
- **Brokerage:** Chapman Hall Realtors
- **Phone:** 4044410719
- **Email:** lou@louwieland.com

## Primary Photo

![432 4th Avenue - Primary Photo](http://lh.rdcpix.com/286b83a5ff6d2b9e55122e833f393d1bl-f2260322821r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.com/listing/432-4th-avenue-dalton-ga-30721-10702926)*

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**MLS#:** 10702926 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/432-4th-avenue-dalton-ga-30721-10702926)

---

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