Under contract

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.

Listed bySelling North Georgia Realty
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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

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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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