Investor Special in Downtown LaFayette! Bring your vision to this character-filled old mill home located inside the LaFayette city limits. With its original wood-plank walls and ceilings, hardwood floors, tall windows, and vintage fireplace, this property has the bones and historic charm to become something truly special. A spacious kitchen, generously sized rooms, covered front porch, large rear deck, and an expansive backyard give you plenty to work with. Whether you're an investor looking for your next rehab, a landlord searching for an addition to the rental portfolio, or a buyer who isn't afraid of a project, this one offers an opportunity to restore an older home while making it your own. Conveniently situated in downtown LaFayette, with city amenities close at hand. The large lot and mature shade trees add another layer of appeal.
For sale
$75,000
309 Magnolia St, La Fayette, GA 30728
2beds
1,024sqft
Single Family Residence
Built in 1932
0 Square Feet Lot
$-- Zestimate®
$73/sqft
$-- HOA
What's special
Vintage fireplaceLarge rear deckCharacter-filled old mill homeHardwood floorsMature shade treesCovered front porchTall windows
- 18 hours
- 96
- 14
Zillow last checked:
Listing updated:
Listed by:
Randy Durham 423-593-2400,
Real Estate Partners Chattanooga LLC,
Amanda Durham 423-322-8431,
Real Estate Partners Chattanooga LLC
Source: Greater Chattanooga Realtors,MLS#: 1543962
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
Bedroom
- Level: First
Bathroom
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- None
Cooling
- None
Appliances
- Included: Water Heater
- Laundry: Laundry Closet, Main Level
Features
- Plumbed
- Flooring: Hardwood, Linoleum
- Basement: Crawl Space
- Has fireplace: Yes
Interior area
- Total structure area: 1,024
- Total interior livable area: 1,024 sqft
- Finished area above ground: 1,064
Property
Parking
- Parking features: Off Street
Features
- Patio & porch: Deck, Front Porch, Porch, Porch - Covered
- Exterior features: None
- Pool features: None
- Spa features: None
- Fencing: None
Lot
- Size: 0 Square Feet
- Dimensions: 69 x 200
- Features: Front Yard, Level
Details
- Parcel number: 1038 013
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1932
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Sidewalks
- Subdivision: W T Corley
HOA
- Has HOA: No
Location
- Region: La Fayette
Financial & listing details
- Price per square foot: $73/sqft
- Tax assessed value: $105,505
- Annual tax amount: $961
- Date on market: 10/3/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,288/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2026 | Listed for sale | $75,000$73/sqft |
Source: Greater Chattanooga Realtors #1543962 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $962 +0.2% | $42,202 +4.7% |
| 2024 | $960 +1.6% | $40,304 +4.7% |
| 2023 | $945 -6.4% | $38,484 +8.9% |
| 2022 | $1,009 +66.2% | $35,327 +87.3% |
| 2021 | $607 +10.9% | $18,866 +15.4% |
| 2020 | $548 +115.5% | $16,346 |
| 2019 | $254 -57.1% | $16,346 |
| 2018 | $593 +9.1% | $16,346 |
| 2017 | $543 | $16,346 +25.7% |
| 2016 | $543 +51.5% | $13,005 -25.4% |
| 2015 | $359 +33.4% | $17,444 |
| 2014 | $269 | $17,444 |
| 2013 | $269 | $17,444 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 30728
Nearby schools
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.
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