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3950 S Dixie Road, 
Dalton, GA 30721

$899,000


Bed


Bath


7,395

Sq Ft


Multi-Family

Active

Listed by

Michael Williams

Selling North Georgia Realty

706-271-6549

Last updated:

February 17, 2026, 12:52 AM

MLS#

1528620

Source:

TN CAR

About This Home

3950 S Dixie Road

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.

Home Facts

Multi-Family

Built in 1977

Price Summary

899,000

$121 per Sq. Ft.

MLS #:

1528620

Last Updated:

February 17, 2026, 12:52 AM

Added:

1 day(s) ago


Rooms & Interior

Interior

Living Area:

7,395 Sq. Ft.


Structure

Structure

Building Area:

7,395 Sq. Ft.

Year Built:

1977


Lot

Lot Size (Sq. Ft):

87,991


Finances & Disclosures

Finances

Price:

$899,000

Price per Sq. Ft:

$121 per Sq. Ft.

Source:TN CAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.