Review The Estimated Monthly Payment for This Home
Review a clearer estimate of the monthly payment, minimum down payment,
projected taxes, insurance, and estimated cash-to-close for this home.
10
See all 10 photos
$560,000
Est. payment /mo
0.27 Acres Lot
Active
1104 Penrose DR Dalton, GA 30720
REQUEST A TOUR
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 7802851
Construction Status Resale
HOA Y/N No
Year Built 2000
Annual Tax Amount $3,560
Tax Year 2025
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Quadruplex
Source First Multiple Listing Service
Property 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.
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.
Location
State GA
County Whitfield
Area None
Lake Name None
Interior
Heating Natural Gas
Cooling None
Window Features None
Exterior
Parking Features Parking Lot
Fence None
Community Features Sidewalks, Street Lights
Utilities Available Electricity Available, Water Available
Waterfront Description None
View Y/N Yes
View Other
Roof Type Composition
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Resale
Schools
Elementary Schools Westwood
Middle Schools Dalton Jr.
High Schools Dalton
Others
Senior Community no
Tax ID 1218202015
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Chapman Hall Realtors
Location Preview
Property Location & Nearby Amenities
View the property location, nearby conveniences, schools, dining, shopping, medical services, parks, and lifestyle amenities.
Current Listing Location
Loading listing location...
Property Location Map
The property location map is included so buyers can clearly see where the listing is located before opening nearby category searches. Street View availability and viewing angle are controlled by Google and may not always show the exact front of the property. Google Maps may display nearby results based on relevance, distance, ratings, prominence, and sponsored placement, and may not show mileage beside every result. Nearby information is provided for buyer convenience only. School assignment, distance, zoning, commute time, business hours, services, and availability should be independently verified by the buyer.
Want more details about this property?
Request Property Details
Estimated Payment for This Home
The Quillie Real Estate TEAM calculator below automatically estimates the monthly payment,
minimum down payment, taxes, insurance, and estimated cash-to-close based on this listing.
$0
Total Payment /mo
FHA • 3.5% Down
$0 down
Estimated Cash-to-Close
$0
Home price (auto-fills from listing)
Defaults to FHA
Loan length
Conventional only
% or $
FHA min 3.5% enforced when FHA selected.
Auto-rate: using defaults (rates loading...)
Auto-fills only for Condo/Townhome (you can override)
Escrowed
MLS Estimate will pull listing Annual Tax Amount when available. Fallback = 1.00%.
Used when MLS mode
Used when County mode
Used when Manual mode
Added to cash-to-close
Reduces cash-to-close. Program max rules apply.
Escrow setup
Escrow setup
$0
Total Payment /mo
Estimated Cash-to-Close
$0
Includes down payment, lender fees, and prepaids. Less seller concession.
$0 + $0 − $0 = $0
See detailed calculator above for full breakdown.
Estimated cash-to-close is for informational purposes only. Actual amounts may vary based on lender terms, credit score, taxes, insurance, HOA, and closing date. Seller concessions are negotiable and not guaranteed. Confirm final figures with your lender and title company (Quillie Real Estate TEAM).
Estimated cash-to-close is for informational purposes only. Actual amounts may vary based on lender terms, credit score, taxes, insurance, HOA, and closing date. Seller concessions are negotiable and not guaranteed. Confirm final figures with your lender and title company (Quillie Real Estate TEAM).
Details
Compare FHA vs Conventional
FHA
Payment /mo$0
Cash-to-close$0
Conventional
Payment /mo$0
Cash-to-close$0
$0 /mo difference • $0 cash difference
CONTACT QUILLIE FOR MORE INFORMATION
QUICK HOME SEARCH BY CITY
- Homes for Sale in Douglasville
- Home for Sale in Mableton
- Home for Sale in Marietta
- Home for Sale in Smyrna
- Homes for Sale in Powder Springs
- Homes for Sale in Lithia Springs
- Homes for Sale in Acworth
- Homes for Sale in Suwanee
- Homes for Sale in Woodstock
- Homes for Sale in Buford
- Homes for Sale in Chamblee
- Homes for Sale in Cumming
- Homes for Sale in Union City
- Homes for Sale in Ellijay
- Homes for Sale in Holly Springs
- Homes for Sale in Ball Ground
- Homes for Sale in Riverdale
- Homes for Sale in Sharpsburg
- Homes for Sale in Mcdonough
- Homes for Sale in Winston
- Homes for Sale in Villa Rica
- Homes for Sale in Macon
- Homes for Sale in Warner Robins