See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

432 4th Ave, Dalton, GA, 30721

--beds
--baths
--sqft
$1,725,000
--price/sqft
$10,790/moest. monthly cost
$431,600/yrincome needed

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.

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
65
BikeBikeable

Schools

3/10
Blue Ridge SchoolGrades PK-50.3 mi
5/10
Dalton Jr. High SchoolGrades 8-90.6 mi
5/10
Dalton High SchoolGrades 9-121.9 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1999

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Basement: None

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Central Air

Property

Details

  • Parcel number: 1223916008

Features

  • Levels: Two
  • Stories: 2
  • Waterbody name: None

Lot

  • Lot size: 0.79 Acres

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Lightning
Strong Wind
Winter Weather
Earthquake
Hail
Inland Flooding
Ice Storm

FEMA Declared Disasters Across Georgia Counties

Hurricane
Severe Storm
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,722$104,664
Home Insurance *$929$11,148
Property Taxes $920$11,040
Electricity $219$2,637
Total$10,790$129,480
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$369,942/yr
40% on housing$323,700/yr
45% on housing$287,733/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 30721$140
Whitfield County$144

vs Homes Sold Last Month

Median $/sqft

ZIP 30721$166
Whitfield County$165

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-01-15Listed for sale$1,725,000
2026-01-14Listing removed$1,825,000
2025-08-06Price change$1,825,000
2024-11-15Listed for sale$1,900,000

For Sale by Agent

AgentLou Wieland
BrokerageChapman Hall Realtors

Similar Homes