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405 Martin Luther King Drive, Lafayette, AL 36862

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For Sale

$75,000

3 beds • 1 baths • 1,068 sqft

Estimated Payment

$ 384 /mo. †

6.63% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $70.22
    Price per square foot

Explore this Property

INVESTOR SPECIAL !!...Don't miss out on this 3 Bedroom, 1 Bath home on a nice, landscaped lot...Pine Paneling throughout...Metal Roof...Needs a little TLC, but has Great Bones...To be sold "AS IS'...Adjacent vacant lot is included in the price and can accommodate a 2nd Home !!...Total land area of the two parcels com comcombined is approximately .59acre.
MLS# 218401

Courtesy Of Realty River Cities, LLC

(706) 221-6900

Property Features

  • Architecture Style
    Other
  • Cooling System
    None

Map and Directions

Directions to 405 Martin Luther King Drive, Lafayette, AL 36862

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $384
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $384

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Lafayette Eastside Elementary School

Grades PK-5 Public School

Lafayette, AL 36862 0.5 miles
300 avenue a se

259 total students
15:1 Student teacher ratio

School Rating: D

School Details

John P Powell Middle School

Grades 6-8 Public School

Lafayette, AL 36862 0.4 miles
700 martin luther king dr

146 total students
14:1 Student teacher ratio

School Rating: D

School Details

Lafayette High School

Grades 9-12 Public School

Lafayette, AL 36862 0.5 miles
214 1st ave se

238 total students
15:1 Student teacher ratio

School Rating: D-

School Details
Other Nearby Schools Distance Type Grades School Rating
Inspire Academy 1.1 miles Public 9-12
Chambers Academy 1.4 miles Private PK-12

Inspire Academy

Distance: 1.1 miles

Type Public

Grades: 9-12

Chambers Academy

Distance: 1.4 miles

Type Private

Grades: PK-12

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Lafayette, AL 36862

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Lafayette, AL 36862

This community’s employment is highest in the education and production occupations industries. The area’s overall household expenses are below the national average.

90° July
Hottest Average Month
33° January
Coldest Average Month
2,246 Total Households in Area
-3.7% Increase in population since the year 2010
28.7%
of households
have children
31 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Lafayette, AL 36862

Lafayette, AL 36862 has a population of 5,402 people in 2,246 households with a median age of 48.2 years old.

-3.7%
Decrease in population
since the year 2010
Population is Trending down
2,312
Total households as of 2010
1.6%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 48.2 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 52%
White 44%
Hispanic 2%
Other <1%
Native American <1%
Asian <1%
The most prevalent ethnicity is Black at 52%, followed by White at 44%, Hispanic at 2%, and Other at <1%.

Economics
for Lafayette, AL 36862

24 /sq mi
Population Density
$50,673 /yr
Median Household Income
$180,000
Median Sales Price
31 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $25-34,999k representing 15.8% of the households.

Transportation to Work

  • Drive 95%
  • Work from Home 3%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 1,694 65%
Rented 553 21%
Vacant 369 14%

White vs Blue Collar Jobs







White Collar 61%
Blue Collar 39%

Family & Education Facts
for Lafayette, AL 36862

48.2 Median Age

Average Household Size

2.3
persons per
household

49.7%

Married Households

Community Population By Education

High School Graduate 41%
Some College 20%
Some High School 16%
Bachelors Degree 10%
Associates Degree 8%
Graduate Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 41.46% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
28.7% of households have children

Weather
for Lafayette, AL 36862

The weather for this area ranges from a high of 90° F in July to a low of 33° F in January

90° July
Hottest Average Month
33° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
33°
55°
Feb
35°
59°
Mar
42°
67°
Apr
49°
76°
May
57°
82°
Jun
64°
88°
Jul
68°
90°
Aug
67°
90°
Sep
62°
85°
Oct
50°
76°
Nov
41°
66°
Dec
34°
57°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Columbus Board of Realtors (GA). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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