408 Chestnut St

$145,000
Price
3
Beds
1,372 Sq. Ft.
$106 / Sq. Ft.
1,372
Sq. Ft.
$106
per Sq. Ft.

Description

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.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.
  1. Listed by Corey Ballew • REAL Broker

Property Details for 408 Chestnut Street

Waterfront
No
LISTING UPDATED: 11/29/2025 11:29 AM

Property Details for 408 Chestnut Street

StatusActive
MLS #1523071
Days on Market63
Taxes$1,196 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1940
Lot Size0.34 AC / 14,989 SF
CountyWalker County

Location

Listing Courtesy of REAL Broker, Corey Ballew
Add your commute

Building Information for 408 Chestnut Street

Stories1Year Built1940Building Size-Lot Size0.34 AC / 14,989 SF

Payment Calculator

$816 per month

30 year fixed, 6.28% Interest

Principal and Interest

$716

Property Taxes

$100

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 408 Chestnut Street

Summary
Location and General Information
  • City: LaFayette
  • County Or Parish: Walker
  • Directions: From Lafayette. Turn left at the 1st cross street onto South Main St, Turn right onto W Main St, Turn left onto Chestnut St House will be on the right Turn left onto Chestnut St
  • Latitude: 34.701564
  • Longitude: -85.292922
  • Postal Code: 30728
  • State Or Province: GA
  • Subdivision Name: None
Taxes and HOA
  • Tax Legal Description: LOTS 7,8,9 & PT 10 BLK A LAFAYETTE HIGHLANDS LANDLOT: 44 LANDDIST: 7/4
  • Additional Parcels: No
  • Parcel Number: 1037 131
  • Association Fee: $0
  • Association: No
  • Tax Annual Amount: $1,196
School Information
  • Middle Or Junior School: LaFayette Middle
  • High School: LaFayette High
  • Elementary School: Gilbert Elementary School
Parking
  • Garage: No
  • Attached Garage: No
Property
Lot Information
  • Lot Features: Level
  • Lot Size Dimensions: 90X150
  • Lot Size Acres: 0.34
  • Living Area Source: Tax Records
  • Lot Size Square Feet: 14989.68
  • Building Area Total: 1372.0
  • Lot Size Units: Acres
  • Living Area: 1372.0
Property and Assessments
  • Property Type Label: Residential
  • New Construction: No
  • Home Warranty: No
  • Floor Plans Count: 0
  • Year Built: 1940
  • Property Type: Residential,Single Family Residence
  • Property Sub Type: Single Family Residence
  • Improvements : None: Yes
Utilities
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Available, Phone Available, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Senior Community: No
  • Construction Materials: Vinyl Siding, Wood Siding
  • Pool Features: None
  • Community Features: None
  • Parking Features: Off Street
  • Exterior Features: None
  • Roof: Shingle
  • Roofing : Shingle: Yes
  • Structures : None: Yes
Interior Features
  • Fireplace: No
  • Electric: Yes
  • Bedrooms Total: 3
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Appliances: Electric Oven, Electric Cooktop
  • Rooms Total: 0
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Notational: 2.0
  • Cooling: Yes
  • Heating: Yes
  • Other Equipment: None
  • Foundation Details: Block
  • Cooling: Electric
  • Heating: Electric
  • Levels: One
  • Flooring: Carpet, Vinyl, Wood
  • Stories: 1
  • Bed/Bath : None: Yes
  • Floors : Carpet: Yes
Multi Family
Unit 3
  • Unit 3 Features : Storage: Yes
Rental
Rental Information
  • Tenant Pays : None: Yes

Property History for 408 Chestnut Street

DateEvent & SourcePriceAppreciation
Nov 29, 2025

Price Change

Greater Chattanooga Association of REALTORS #1523071

$145,000—
Oct 29, 2025

Listed (Active)

Greater Chattanooga Association of REALTORS #1523071

$155,000—
Dec 31, 2024

Expired

Greater Chattanooga Association of REALTORS #1502583

$159,000—
Nov 1, 2024

Listed (Active)

Greater Chattanooga Association of REALTORS #1502583

$160,000—
Oct 31, 2024

Expired

Greater Chattanooga Association of REALTORS #1500815

$160,000—
Sep 28, 2024

Listed (Active)

Greater Chattanooga Association of REALTORS #1500815

$160,000—
DateEvent & SourcePrice
11/29/2025

Price Change

Greater Chattanooga Association of REALTORS #1523071

$145,000
10/29/2025

Listed (Active)

Greater Chattanooga Association of REALTORS #1523071

$155,000
12/31/2024

Expired

Greater Chattanooga Association of REALTORS #1502583

$159,000
11/01/2024

Listed (Active)

Greater Chattanooga Association of REALTORS #1502583

$160,000
10/31/2024

Expired

Greater Chattanooga Association of REALTORS #1500815

$160,000
09/28/2024

Listed (Active)

Greater Chattanooga Association of REALTORS #1500815

$160,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 408 Chestnut Street

Taxable ValueLand$6,000Additions$41,796Total$47,796
Tax Record2023$1,173 ($98 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,372 SqFtAbove Grade Finished SqFt1,372 SqFtStories1Lot Size13,504 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1997ZoningR2CountyWALKERAPN1037 131Fireplace TypeHas Fireplace

Schools near 408 Chestnut Street

This home is within Walker County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Gilbert Elementary School
PublicPK to 5

Lafayette Middle School
Public6 to 8

Lafayette High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

408 Chestnut Street is a single family home for sale in LaFayette, GA 30728. This property was listed for sale on October 29, 2025 by REAL Broker, it's currently listed at $145,000. This listing's school district is Walker County School District. Nearby schools include Gilbert Elementary School, Lafayette Middle School and Lafayette High School. 408 Chestnut Street is a 3-bed, 2-bath, 1,372 sqft single family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REAL Broker, Corey Ballew

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.