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$1,725,000
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Property 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.
Full Property Details
Full Property Details for 432 4th Ave
General
- Price: $1,725,000
- Taxes: $6,625 (2024)
- Status: Active
- Type: Multi-Family
- Source: GAMLS_Atlanta
- MLS ID: 10702926
- Updated: 3/18/2026
- Added to Site: 84 day(s) ago
Parking
- Parking Features: Off-Street
Location
- County: Whitfield
- Driving Directions: Use GPS
School Information
- Elementary School: Other
- Middle School: Other
- High School: Other
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Baseboard
Utilities
- Water/Sewer: Public Sewer
- Utility Description: Other
Structural Information
- Construction Status: Resale
- Basement Desc.: None
- Stories/Levels: Two
- Year Built: 1999
Lot Features
- Lot Size (Acres): 0.79
- Lot Size Range: .79
- Lot Size Source: Public Records
Water Features
- Water Front Name: NONE
Financial Considerations
- Tax Amount: $6,625
- Tax Year: 2024
Listing Courtesy of: Chapman Hall Realtors
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Schools
Schools serving 432 4th Ave
School District:Dalton City School District
| Name | Grades | Distance |
|---|---|---|
Blue Ridge School 100 Bogle Street, Dalton, GA 30721 | PK-5 | 0.3 mi |
Dalton Middle School 1250 Cross Plains Trail, Dalton, GA 30721 | 6-8 | 2 mi |
Dalton High School 1500 Manly Street, Dalton, GA 30720 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 432 4th Ave
Date
Details
Price
Change
Source
3/04/2026
Listed
$1,725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 432 4th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,196
—
$351,352
—
2024
$11,196
75%
$351,352
89%
2023
$6,391
33%
$185,546
33%
2022
$4,793
—
$139,146
—
2021
$4,800
—
$139,146
15%
2021
$4,800
5%
$121,400
—
2018
$4,552
4%
$121,400
—
2017
$4,382
-1%
$121,400
—
2016
$4,410
7%
$121,400
—
2015
$4,114
-8%
$121,400
—
2019
$4,485
12%
$121,400
—
2014
$4,007
2%
$121,400
—
2013
$3,929
—
$121,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 432 4th Ave
432 4th Avenue, Dalton, GA 30721 (MLS# 10702926) is a Multi-Family property with 12 units containing 0 bedrooms and 0 full bathrooms. 432 4th Avenue is currently listed for $1,725,000 and was received on March 04, 2026. Want to learn more about 432 4th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Dalton? You can browse all Dalton real estate or contact a Coldwell Banker agent to request more information.

