Modern two-story duplex featuring granite countertops and a spacious, comfortable layout throughout. A great addition to grow your investment portfolio, or ideal for owner-occupants seeking flexible living space. Conveniently situated close to local amenities. Don't miss this opportunity!
Courtesy: Greater Downtown Realty dba Keller Williams Realty
423-664-1900
Don't miss this rare opportunity to own a high income duplex featuring two exceptionally spacious units, each offering 2,200+ square feet, 4 bedrooms, and 2 full bathrooms. With a total of approximately 4,400 square feet of living space, properties of this size are seldom available in the Dalton market. One unit is currently leased for $1,600 per month, providing immediate rental income, while the second unit has been freshly updated with new flooring, fresh paint, and new appliances, making it move-in or rent-ready from day one. The existing lease offers a clear value-add opportunity, as the current rent is below market, giving investors the potential to increase cash flow over time as leases renew. Conveniently located just down the road from Hamilton Medical Center, this property is well-positioned to attract healthcare professionals, families, and other long-term tenants seeking generous living space in a desirable location. The oversized floor plans set this duplex apart from the typical rental inventory, creating a competitive advantage in both tenant demand and long-term appreciation. For owner-occupants, this property presents an excellent house hacking opportunity. Live in the beautifully updated vacant unit while the occupied side helps offset your mortgage, then maximize your investment by adjusting rents to market levels in the future. Whether you're looking to expand your rental portfolio, generate strong long-term cash flow, or purchase a property with built-in upside, this duplex offers immediate income, significant rental growth potential, and the flexibility that both investors and owner-occupants are searching for.
Courtesy: Chapman Hall Realtors
Lou Wieland
404-441-0719
Beautiful multifamily building, fully occupied all tenants pay $1150 per month. Management company available to continue. This offering presents a 3,072-square-foot, four-unit multifamily property located at 1104 Penrose Drive in Dalton, Georgia, situated on a 20,152-square-foot site zoned C-1. The asset's primary value driver is its small-format apartment configuration within a single-building layout, which may appeal to investors seeking operational simplicity and exposure to workforce-oriented multifamily demand. Built in 2000, the property contains four residential units in one building on approximately 0.27 acres. Public record activity indicates the asset traded for $405,000 in June 2024, equating to roughly $131.84 per square foot, reflecting recent market validation of the property's pricing benchmark and providing a current basis for underwriting. The investment thesis is centered on the acquisition of a recently transacted, efficiently scaled multifamily asset in Dalton with straightforward physical characteristics, modest lot coverage, and commercial zoning that may support long-term flexibility. For buyers targeting smaller multifamily investments, the property offers a manageable unit count, a clearly defined parcel, and a recent sales comp reference that can support near-term valuation analysis and future repositioning decisions. Investment highlights Modern vintage relative to many small multifamily assets. Built in 2000, the property is newer than much of the legacy small-balance apartment stock often found in secondary markets. A more recent construction date may translate into lower near-term replacement risk for major building systems compared with older inventory. Defined site size offers usable land area without excess overhead. The parcel totals 20,152 square feet, or about 0.27 acres, creating a compact site that remains large enough to support the existing improvements. This balance may help contain grounds-related operating demands while preserving site functionality. Dalton location offers exposure to a proven North Georgia rental market. The property is located in Dalton, the economic center of Whitfield County and a regional employment hub in Northwest Georgia. For small multifamily investors, that setting may support recurring renter demand tied to local employment and neighborhood-serving housing needs.
115 & 134 Independence Way, Dalton, GA offers an income-producing investment opportunity with two tenant-occupied single-wide mobile homes situated on approximately 0.72 acres. Offered at $180,000, this property includes both mobile home titles and currently generates $1,950 per month in gross rental income. The front home rents for $1,000 per month and the rear home rents for $950 per month, both with 12-month leases in place. Each home has its own electric meter, while the property shares one water meter. Whether you're expanding your rental portfolio or purchasing your first investment property, this Dalton property provides immediate cash flow with established tenants already in place. Owner is licensed GA realtor.
Courtesy: Chapman Hall Realtors
Lou Wieland
404-441-0719
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.
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.
Courtesy: The Source Real Estate Group
423-654-7055
Brick duplex featuring 3 bedrooms and 2 baths on each side, conveniently located near Hamilton Medical Center. Well-situated investment opportunity that would make a great addition to any portfolio.
Courtesy: Coldwell Banker Commercial Kinard Realty
423-476-5535
Charming duplex with cozy, screened front porch. Nestled among mature trees on a city side street of Dalton. Nearby all the Dalton amenities. Large corner lot and rear parking. New survey plat.
Courtesy: Davis & Hawbaker Real Estate Group
Justin Trotter
678-467-7191
Investment opportunity - 4 duplexes and 1 single family home (9 doors) sitting on just under 6.5 acres. New roofs have been installed on all but 1, 2 have been fully renovated plus repairs and updates on the other units as needed. Tenants are on a 1 year lease. These units rent with ease. Owner pays $130 per month for everyone's trash service, but all other utilities paid by tenants. There is 1 additional structure (which would either make for a 5th duplex or 2nd single family home) which is currently just a shell, but provides more opportunity for growth if the buyer chooses to finish it out. Call/text with questions. Owner/Agent.
Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
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Dalton is located in Georgia. Dalton, Georgia has a population of 34,255. Dalton is less family-centric than the surrounding county with 30.18% of the households containing married families with children. The county average for households married with children is 33.76%.
The median household income in Dalton, Georgia is $49,656. The median household income for the surrounding county is $52,439 compared to the national median of $69,021. The median age of people living in Dalton is 32.4 years.
The average high temperature in July is 89.3 degrees, with an average low temperature in January of 29.7 degrees. The average rainfall is approximately 53.2 inches per year, with 1.9 inches of snow per year.
