Active4
Median $/door$160,000
Ask range$340,000–$569,000
Estimated cap5.5%n=2
Median DOM127

2 duplex · 1 triplex · 1 fourplex · 0 apartmentsGeorgia market report →

ACS 2023 · HUD FY2027 · 1 ZCTAs with ACS

Dahlonega housing stock & renter economics

Dahlonega apartment-building and small-multifamily investors concentrate in ZIPs where HUD Fair Market Rents sit above or beside ACS median gross rent. The table below is ZCTA housing stock and voucher benchmarks for commercial residential income underwriting, linked to each ZIP housing profile. Live FMLS set on this page: 4 buildings.

1 ZCTAs · 1 with ACS. Medians across ACS ZIPs; totals for stock. Not a listing feed.

Population
27,524
Households
9,651
Housing units
11,047
2-unit stock
214
3–4 unit stock
383
2–4 unit stock
597
5–49 unit stock
311
50+ unit stock
33
Median renter share
23.1%
ACS median rent
$1,080
Contract rent
$833
1BR SAFMR
$1,050
2BR SAFMR
$1,140
3BR SAFMR
$1,440
SAFMR / ACS rent
1.06×
Vacancy (ACS)
12.6%
Pop Δ 2018–2023
+3.1%
Median HH income
$70,417
Rent burden ≥30%
50.2%
Rent burden ≥50%
31.8%
LIHTC projects / units
4 / 231
HUD assisted MF
0 / 0
Alloc. 5+ permits
86

Dahlonega: median renter share 23.1%; ACS median gross rent $1,080; FY2027 2BR SAFMR $1,140; 2BR SAFMR is 1.06× ACS median gross rent; 214 units in 2-unit structures, 383 in 3–4-unit structures, and 311 in 5–49-unit structures; population up +3.1% between ACS 2018 and 2023; 4 LIHTC projects (231 units); 86 allocated 5+ unit permits (county BPS × ZCTA share). Census / HUD stock — not a rent roll and not a buy/sell score.

ZIPPlaceRentersMed. rent2BR SAFMR2–49 unitsPop Δ
30533Dahlonega23.1%$1,080$1,140908+3.1%

ZCTA ≈ USPS ZIP. ACS 5-year 2023 lags construction. Units-in-structure is Census standing stock (2-unit vs 3–4 vs 5–49 vs 50+), not the live FMLS card. SAFMR is a bedroom-specific HUD voucher benchmark, not asking rent. LIHTC / assisted-MF are inventory of record and belong on apartment pages. 5+ permits are county BPS 2025 allocated by ZCTA housing-unit share. Brokerage is Georgia-only.

4 Multifamily Investment Properties for Sale in Dahlonega

As of today, 4 active small multifamily listings in Dahlonega · median $160,000/door · median estimated cap 5.5% (n=2). Dahlonega is a North Georgia mountain-market play. Multifamily inventory is limited but can include duplexes, small multi-unit properties, and occasional larger assets. Investors here often target longer holds or vacation/rental hybrid strategies tied to the area’s tourism and university presence.

Current Market Snapshot

Active Listings4
Avg List Price$479,500
Avg $/Unit$186,063
Avg Cap Rate (est.)5.5%
Price Range$340,000 – $569,000
Avg Units2.8

HUD Fair Market Rent · Lumpkin County(FY2026)

Studio$1,085
1 BR$1,136
2 BR$1,245
3 BR$1,577
4 BR$2,089

Showing 4 of 4 multifamily investment properties for sale

Multifamily for sale: 375 Deerfield Drive, Dahlonega
2 Units
Incomplete
$569,000

375 Deerfield Drive

Dahlonega, GA

Units2
$/Unit$284,500
DOM114
Listing MLSID: 7788120 · Listing courtesy of HomeSmart · 678-925-1216

Frequently Asked Questions — Dahlonega Multifamily

Are there multifamily for sale in Dahlonega?

This page is the live FMLS Residential Income set for multifamily in Dahlonega. Counts change with the MLS feed. If inventory is thin, open the statewide Georgia multifamily collection or the county page for a larger sample.

How does Dahlonega compare to Georgia overall for multifamily?

Use the statewide inventory at /multifamily-for-sale/georgia for the full Georgia multifamily set, then compare $/door and published cap estimates against this city. Smaller markets often have one or two live listings; that is not a full comp set.

Do multifamily in Dahlonega still qualify for residential financing?

Most 2–4 unit multifamily can still qualify for conventional residential financing when the buyer and property meet guidelines. Always confirm with your lender. 5+ unit buildings are a different stack.

Why is the estimated cap rate missing on some Dahlonega listings?

Yields on this site are independent screening models, not MLS fields. A listing is left out of the cap sample when we cannot publish a number. That is not a zero cap — pull the rent roll.

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