- Overview
- Description
- Property Details
- Location
- Facts & Features
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Street View
$750,000
Monthly Est:$3,733
17 Beds
- 19 Baths
7,395sqft
3950 S Dixie Rd, Dalton, GA 30721
$750,000
$3,733/moEst:
Get Pre-Approved
Multi Family
Built in 1977
$-- HOA
2.02 acres lot
$101/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: June 22, 2026 at 11:59 pm
- Listing Provided by: Michael Williams (706) 271-6549 DRE #344170 | Selling North Georgia Realty (706) 271-6549
- Source: Greater Chattanooga AOR MLS-AL | MLS#: 1528620

Part of
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1977
HOA Fees
-
Finished Area
7,395 sqft
Lot Size
2.02 acres lot
Basement Area
- sqft
MLS Name
Greater Chattanooga AOR MLS
MLS Number
1528620
MLS Status
Pending
Days on Market
236

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 17
Bathrooms: 19
Interior
Cooling
Ceiling Fan(s), Central Air, Window Unit(s)
Appliances
Refrigerator, Electric Oven
Interior Features
Ceiling Fan(s), Other
Flooring
Luxury Vinyl, Other
Exterior Features
Rain Gutters
Sewer
Public Sewer
Heating
Central, Wall Furnace
Construction
Year Built
Year Built: 1977
Home type
Multi Family
Property Condition
Updated/remodeled
Construction Materials
Vinyl Siding, Other
Roof
Flat, Metal
Architectural Style
Other
Utilities & Energy
Laundry Features
In Kitchen, Other
Parking Features
Gravel
Water Source
Public
Other Features
Lot Features
Cleared, Few Trees
Patio And Porch Features
Other
Subdivision Name
None
Price History
| Date | Event | Price |
|---|---|---|
06/22/2026 Source: | Pending | $750,000 $101/sqft |
05/29/2026 Source: | Price Decreased | $750,000 -13.69% $101/sqft |
04/17/2026 Source: | Price Decreased | $869,000 -3.34% $118/sqft |
02/16/2026 Source: | Price Increased | $899,000 +3.45% $122/sqft |
02/16/2026 Source: | Listed for Sale | $869,000 $118/sqft |
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Based on information from the Greater Chattanooga REALTORS® (or, alternatively, from the MLS of Chattanooga, Inc.) through Oct 09, 2026, 02:30PM. IDX information is provided exclusively for consumers' personal, non-commercial use; it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 the Greater Chattanooga REALTORS®. All Rights Reserved. Angela Fowler | Angela Fowler Real Estate, LLC. | (423) 320-4620 | afowler@catt.com Mailing Address: 452 Kailors Cove Cir Ringgold, GA 30736
Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.