1152 Magnolia St La Fayette, GA 30728
Estimated payment $3,413/month
Highlights
- 2.86 Acre Lot
- No HOA
- Living Room
- Secluded Lot
- Front Porch
- Outdoor Storage
About This Home
Calling All Investors! This is a rare opportunity to own two duplexes (four total units) at 1152 Magnolia Street. Each unit offers 2 bedrooms, 1 full bath, a spacious living room, and an eat-in kitchen with approximately 900 sq ft of living space — all on one level.
Tenants enjoy modern conveniences including laundry hook-ups, dishwasher, microwave, range, and refrigerator. Each unit currently averages $1,000/month in rent, providing strong income potential with low maintenance expenses.
A storage building on site offers additional flexibility for the owner's use. Plus, the property is priced below a recent appraisal (March 2025), making it an even more attractive investment!
Don't miss this chance to add a low-maintenance, income-producing property to your portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,886
Year Built
- Built in 2017
Lot Details
- 2.86 Acre Lot
- Secluded Lot
- Back Yard
Parking
- Driveway
Home Design
- Duplex
- Permanent Foundation
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 3,600 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
- Laminate Flooring
- Unfinished Attic
- Washer and Dryer Hookup
Kitchen
- Stove
- Microwave
- Dishwasher
Outdoor Features
- Outdoor Storage
- Rain Gutters
- Front Porch
Schools
- Gilbert Elementary School
- Lafayette Middle School
- Lafayette High School
Utilities
- Central Air
- Heating Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0472 002
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Gross Income $45,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,217 | $191,332 | $13,766 | $177,566 |
| 2023 | $4,214 | $179,074 | $10,926 | $168,148 |
| 2022 | $3,791 | $147,681 | $3,234 | $144,447 |
| 2021 | $3,343 | $118,101 | $3,234 | $114,867 |
| 2020 | $2,726 | $88,655 | $3,234 | $85,421 |
| 2019 | $2,594 | $88,655 | $3,234 | $85,421 |
| 2018 | $2,359 | $89,156 | $3,234 | $85,922 |
| 2017 | $709 | $20,027 | $3,234 | $16,793 |
| 2016 | $113 | $4,603 | $3,215 | $1,388 |
| 2015 | $186 | $7,156 | $5,768 | $1,388 |
| 2014 | $181 | $7,156 | $5,768 | $1,388 |
| 2013 | -- | $41,811 | $5,768 | $36,043 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/21/2025 10/21/25 | Price Changed | $589,000 | -1.7% | $164 / Sq Ft | |
| 09/19/2025 09/19/25 | For Sale | $599,000 | 0.0% | $166 / Sq Ft | |
| 09/21/2024 09/21/24 | Off Market | -- | -- | -- | |
| 08/07/2023 08/07/23 | Sold | $457,000 | -4.8% | $508 / Sq Ft | View Prior Sale |
| 07/26/2023 07/26/23 | Pending | -- | -- | -- | |
| 06/20/2023 06/20/23 | For Sale | $479,900 | +65.5% | $533 / Sq Ft | |
| 07/30/2020 07/30/20 | Sold | $290,000 | -2.7% | $81 / Sq Ft | View Prior Sale |
| 05/26/2020 05/26/20 | Pending | -- | -- | -- | |
| 05/26/2020 05/26/20 | For Sale | $298,000 | 0.0% | $83 / Sq Ft | |
| 01/11/2019 01/11/19 | Rented | -- | -- | -- | |
| 01/11/2019 01/11/19 | Under Contract | -- | -- | -- | |
| 12/14/2018 12/14/18 | For Rent | $700 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $457,000 | -- | |
| Warranty Deed | $290,000 | -- | |
| Warranty Deed | $257,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $5,000 | -- | |
| Warranty Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $282,800 | New Conventional | |
| Previous Owner | $284,747 | FHA | |
| Previous Owner | $192,750 | New Conventional |
Source: Greater Chattanooga REALTORS®
MLS Number: 1520850
APN: 0472-002
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