$1,500,000

316 Chestnut St Unit A Lafayette, GA 30728

$10,000
Closing credit¹
10,352 sqft
1.0 acres
$145 / sqft
Multi-Family

Property details

About 316 Chestnut St Unit A

Turnkey Investment Opportunity - 5 Duplexes (10 Doors) in Prime Lafayette, GA Location! Seize this rare opportunity to acquire five newly built duplexes (2022) on one street, just minutes from downtown Lafayette, GA. This 10-door investment package offers modern, low-maintenance units featuring granite countertops, durable LVP flooring, and contemporary finishes—highly appealing to tenants and ensuring long-term rental demand. Each unit comes fully equipped with a microwave, dishwasher, refrigerator, and range, along with washer and dryer hookups, adding convenience and appeal for tenants. All units are fully occupied, with most tenants in place since completion, providing stable, predictable cash flow. Rental rates range from $1,075 to $1,175 per month, offering a strong return in a growing rental market. With its desirable location, quality construction, and steady tenant base, this package deal is perfect for investors seeking immediate income and long-term appreciation. Don't miss this turnkey, high-yield investment—contact us today for financials and more details!

Highlights

Home typeDuplex
HeatingCentral, Electric
StatusActive
CoolingElectric
Size10,352 sqft
Lot size0.96 Acres
Year built2022
ParkingConcrete, Driveway
MLS #1509141

Summary

  • MLS Number: 1509141
  • MLS Name: Greater Chattanooga REALTORS®
  • Office Name: Bridge City Realty, LLC
  • Office Phone: (423) 648-6242
  • Office Email: tlandreth@mybcrhomes.com

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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property exterior at dusk with brick siding and a lawn

$1,500,000

316 Chestnut St Unit A

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

6

Gilbert Elementary School

Public District KG-5

0.9 mi

87 S Burnt Mill Rd

6

North Lafayette Elementary School

Public District PK-5

1.3 mi

610 N Duke St

6

Naomi Elementary School

Public District PK-5

4.6 mi

4038 E Highway 136

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $17,299. Residents of Lafayette, GA typically earn less than $<35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

91%
<35k
9%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

44%
Single, No Kids
23%
Single, with Kids
17%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
35%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • KmartKmart
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • SonicSonic
  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • OldsmobileOldsmobile
  • BuickBuick
  • FordFord

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • OldiesOldies
  • New CountryNew Country
All data provided by Home Junction and Claritas

This home is located at 316 Chestnut St Unit A in Lafayette, GA and zip code 30728. This 10,352 square foot home, which was built in 2022, sits on a 0.96 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $1,500,000.

While more than 2 listings in Lafayette, GA in February 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 4 were sold below. The number of listings in Lafayette, GA increased by 4.4% between January and February 2025. The median list price of listings available in February 2025 was $213,600, while the average time on the real estate market was 89 days.

From Rocket Homes Real Estate and based on county public records data.

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