3950 S Dixie Rd, Dalton, GA 30721
- Beds
- 17
- Baths
- 19
- Sqft
- 7,395
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Value-add multifamily opportunity with expansion upside on South Dixie Highway in Dalton. This income-producing portfolio consists of 11 total units on approximately 2.02 acres, offering a scalable asset with in-place rental income for the growth-minded investor.
Extensive renovations and repairs across the portfolio, with the all units remodeled during 2024-2025 resulting in units that only require minor turn-over work between tenants
The single-family houses received new roofs in 2022, and the apartments received a new roof in 2024.
A major infrastructure upgrade was completed when the property was converted from septic to city sewer, including installation of a heavy-duty pump station and new piping throughout the site. The system was designed with sufficient capacity to support the proposed additional units
Adding to the upside, the property has received final approval for rezoning from R-6 to R-7 High Density Residential, opening the door for increased density and future development
A preliminary site plan illustrates the potential to add six additional 600 SF units, bringing the total to 17 units, while remaining within zoning density requirements
Financials show approximately $93,547.29 in gross income over the most recent 12-month period, with detailed expense reporting and documented capital expenditures including remodel costs
This offering is ideal for investors seeking immediate cash flow, operational history, and a clear path to increasing value through additional unit development. Excellent combination of stabilized income, recent improvements, and approved density upside in a growing Dalton rental corridor.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 1
- Number of bedrooms
- 17
- Number of bathrooms
- 19
- Square feet
- 7,395
- Lot size (acres)
- 2.02
- Year built
- 1977
Interior features
- Laundry
- Other, In Kitchen
Utilities
- Heating
- Central, Wall Furnace
- Cooling
- Ceiling Fans, Central Air, Window Units, Ceiling Fans
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount
- $3,954.09
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Greater Chattanooga Realtors MLS®#: 1528620 Last checked: …

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