1104 Penrose Dr, Dalton, GA

Name: 1104 Penrose Dr, For Sale in Dalton - eXp Realty
Brand: Chapman Hall Realtors
SKU: 7802851
Price: 560000 USD

House

For Sale

Listed price in listed location currency (USD).

$560,000

000

MLS® 7802851

Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential Income

Size -

Garage

Taxes $3,560

Days Active 3

Lot Size 0.27 Acres

Approx. Age 2000

MLS® Number 7802851

Property Address: 1104 Penrose Dr, Dalton, GA, 30720-9082

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number7802851

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2000

Basement

DrivewayParking Lot

Garage Spaces

HeatNatural Gas

A/CNone

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 10, 2026List Date

$560,000List Price

Commute

Commute

Starting Address

Destination Address

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