




432 4th Ave, Dalton, GA, 30721
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
Schools
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
- Cold Wave
- Lightning
- Strong Wind
- Winter Weather
- Earthquake
- Hail
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Georgia Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,722 | $104,664 |
| Home Insurance * | $929 | $11,148 |
| Property Taxes | $920 | $11,040 |
| Electricity | $219 | $2,637 |
| Total | $10,790 | $129,480 |
Income You'd Need if You Spent...
Georgia FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-15 | Listed for sale | $1,725,000 |
| 2026-01-14 | Listing removed | $1,825,000 |
| 2025-08-06 | Price change | $1,825,000 |
| 2024-11-15 | Listed for sale | $1,900,000 |
