This 3-bedroom, 2-bath home in Lafayette, set on a 0.34 acre lot, is a prime investment opportunity. Rent will be $1,500 in monthly rent starting December 1st. This property comes with a long-term tenant in place on a month to month tenancy previously at $1395 per month. Enjoy steady rental income with minimal hassle, making this a perfect addition to your portfolio. Don't miss out on this chance to invest in a property with stable returns! Please do not disturb tenant.
For sale
$145,000
408 Chestnut St, Lafayette, GA 30728
3beds
1,372sqft
Est.:
Single Family Residence
Built in 1940
0.34 Acres Lot
$-- Zestimate®
$106/sqft
$-- HOA
What's special
- 127 days |
- 426 |
- 7 |
Zillow last checked: 8 hours ago
Listing updated: November 29, 2025 at 08:29am
Listed by:
Corey Ballew 423-529-0696,
REAL Broker
Source: Greater Chattanooga Realtors,MLS#: 1523071
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Electric Cooktop, Electric Oven
- Laundry: Laundry Closet
Features
- Flooring: Carpet, Vinyl, Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,372
- Total interior livable area: 1,372 sqft
- Finished area above ground: 1,372
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- Exterior features: None
- Pool features: None
- Spa features: None
- Fencing: None
Lot
- Size: 0.34 Acres
- Dimensions: 90 x 150
- Features: Level
Details
- Additional structures: Storage
- Parcel number: 1037 131
- Special conditions: Investor
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Available, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Lafayette
Financial & listing details
- Price per square foot: $106/sqft
- Tax assessed value: $123,205
- Annual tax amount: $1,196
- Date on market: 10/29/2025
- Listing terms: Cash,Conventional
- Inclusions: Stove
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,583/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/29/2025 | Price change | $145,000-6.5%$106/sqft |
Source: Greater Chattanooga Realtors #1523071 Report a problem | ||
| 10/29/2025 | Listed for sale | $155,000-2.5%$113/sqft |
Source: Greater Chattanooga Realtors #1523071 Report a problem | ||
| 12/10/2024 | Listing removed | $159,000$116/sqft |
Source: Greater Chattanooga Realtors #1502583 Report a problem | ||
| 12/9/2024 | Price change | $159,000-0.6%$116/sqft |
Source: Greater Chattanooga Realtors #1502583 Report a problem | ||
| 11/1/2024 | Listed for sale | $160,000$117/sqft |
Source: Greater Chattanooga Realtors #1502583 Report a problem | ||
| 10/11/2024 | Listing removed | $160,000$117/sqft |
Source: Greater Chattanooga Realtors #1500815 Report a problem | ||
| 10/1/2024 | Listed for sale | $160,000+235.1%$117/sqft |
Source: Greater Chattanooga Realtors #1500815 Report a problem | ||
| 8/21/2020 | Sold | $47,750$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,123 -6.1% | $49,282 -1.9% |
| 2024 | $1,196 +2% | $50,225 +5.1% |
| 2023 | $1,173 +69.5% | $47,796 +97.2% |
| 2022 | $692 +12.6% | $24,235 +12% |
| 2021 | $615 -4.8% | $21,638 +12.2% |
| 2020 | $646 +2.9% | $19,279 |
| 2019 | $628 -10.1% | $19,279 |
| 2018 | $699 +9.1% | $19,279 |
| 2017 | $641 | $19,279 +98.9% |
| 2016 | $641 | $9,692 -41.6% |
| 2015 | -- | $16,586 +0.1% |
| 2014 | $406 | $16,566 |
| 2013 | $406 | $16,566 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$843/mo
Principal & interest
$748
Property taxes
$95
Climate risks
Neighborhood: 30728
Nearby schools
GreatSchools rating
- 5/10Gilbert Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Lafayette Middle SchoolGrades: 6-8Distance: 2 mi
- 7/10Lafayette High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Gilbert Elementary School
- Middle: LaFayette Middle
- High: LaFayette High
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 30728
- Georgia
- Walker County
- Lafayette
- 30728
- 408 Chestnut St







