432 4th Ave Dalton, GA 30721
Estimated payment $9,439/month
Highlights
- No HOA
- Baseboard Heating
- Level Lot
- Central Air
About This Home
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.
Listing Agent
Chapman Hall Realtors Brokerage Phone: 404-441-0719 License #353234 Listed on: 01/14/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,625
Year Built
- Built in 1999
Lot Details
- 0.79 Acre Lot
- Level Lot
Parking
- Parking Lot
Home Design
- Composition Roof
- Vinyl Siding
Utilities
- Central Air
- Baseboard Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1223916008
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,197 | $351,352 | $63,200 | $288,152 |
| 2024 | $11,197 | $351,352 | $63,200 | $288,152 |
| 2023 | $6,391 | $185,546 | $10,286 | $175,260 |
| 2022 | $4,793 | $139,146 | $10,286 | $128,860 |
| 2021 | $4,800 | $139,146 | $10,286 | $128,860 |
| 2020 | $4,350 | $121,400 | $10,286 | $111,114 |
| 2019 | $4,485 | $121,400 | $10,286 | $111,114 |
| 2018 | $4,552 | $121,400 | $10,286 | $111,114 |
| 2017 | $4,382 | $121,400 | $10,286 | $111,114 |
| 2016 | $4,410 | $121,400 | $10,286 | $111,114 |
| 2014 | $4,007 | $121,400 | $10,286 | $111,114 |
| 2013 | -- | $121,399 | $10,286 | $111,113 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/15/2026 01/15/26 | Price Changed | $1,725,000 | -5.5% | -- |
| 01/14/2026 01/14/26 | For Sale | $1,825,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $875,000 | None Listed On Document | |
| Special Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | -- | |
| Deed | $285,000 | -- | |
| Deed | -- | -- | |
| Deed | $545,000 | -- | |
| Deed | $50,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $830,000 | Commercial | |
| Previous Owner | $231,380 | Commercial |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7704189
APN: 12-239-16-008
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please visit www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
- 626 Fifth Ave
- 303 Janice St
- 1104 May St
- 519 Abigail St
- 230 Henderson St
- 204 N Bogle St
- 1118 Dozier St
- 429 S Glenwood Ave
- 902 Mattie Dr
- 208 E Walnut Ave
- 825 Martin Luther King jr Blvd
- 301B Fields Ave
- 306 Robinwood Dr
- 1112 Riverbend Dr
- 514 Sheridan Ave
- 533 Underwood St
- 404 Paige St
- 1133 Orman St
- 406 S Thornton Ave Unit 105
- 601 Juniper Ave
- 609 S Thornton Ave
- 1418 Burgess Dr
- 501 W Waugh St
- 1302 Riverbend Rd
- 1304 Riverbend Rd
- 708 Delta St
- 809 Chattanooga Ave
- 1135 Veterans Dr Unit A
- 104 Hester Cir Unit A
- 1692 Walton St
- 1692 Walton St
- 120 Wildwood Ln Unit B
- 1104 Walston St
- 113 N Tibbs Rd
- 1190 Township Place
- 1809 Shadow Ln
- 1161 Lofts Way
- 1309 Moice Dr Unit D
- 1309 Moice Dr
- 809 Willeve Dr Unit A
Ask me questions while you tour the home.