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    • Price cut: $10K (10/2)
    $135,000

    1150 Rankin St #7F, Stone Mountain, GA 30083

    3beds
    1,380sqft
    : 
    $1,414/mo
    Get pre-qualified
    Condominium, Residential, Townhouse
    Built in 1971
    871 Square Feet Lot
    $129,600 Zestimate®
    $98/sqft
    $375/mo HOA

    What's special

    Updated kitchenTwo-level floor planThree bedrooms upstairs
    INVESTOR OPPORTUNITY WITH ESTABLISHED LONG-TERM TENANT IN PLACE! This updated 3-bedroom, 2.5-bath townhouse-style condo in Stone Mountain West offers investors the opportunity to step into an income-producing property with fewer of the typical upfront hassles of acquiring a rental. An excellent long-term tenant is already in place with a lease through September 2027 and is responsible for all utilities. For a new owner, that means immediate rental income without the initial downtime, turnover expenses, make-ready costs and uncertainty of finding and placing a new tenant. Don't miss this excellent opportunity to grow or diversify your rental portfolio. The two-level floor plan features an updated kitchen and bathrooms, luxury vinyl plank flooring on the main level, generous living and dining spaces, and three bedrooms upstairs. The HOA recently replaced the roof, providing another important recent improvement. Association dues cover common-element maintenance including pest control, exterior painting, staining and cleaning, exterior window frames, and hallway-facing entry doors. Conveniently located near Downtown Stone Mountain shopping and dining, Stone Mountain Park, area schools, Highway 78 and I-285, with easy access throughout Metro Atlanta. Looking for the numbers? Contact the listing agent for current rental information, gross income, estimated NOI and additional investment details. TENANT OCCUPIED. SHOWINGS WILL BE AVAILABLE WITH ACCEPTED OFFER DURING DUE DILIGENCE. Please respect the tenant's privacy and DO NOT DISTURB.
    35 days
    291
    21

    Zillow last checked:

    Listing updated:

    Listed by:

    Angela Carpinella,

    Keller Williams Realty Peachtree Rd. 404-419-3500

    Source: FMLS GA,MLS#: 7839288MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Other
      Primary bedroom
      • Features: Roommate Floor Plan, Split Bedroom Plan
      • Level: Roommate Floor Plan, Split Bedroom Plan
      Bedroom
      • Features: Roommate Floor Plan, Split Bedroom Plan
      Primary bathroom
      • Features: Other
      Dining room
      • Features: Open Concept
      Kitchen
      • Features: Cabinets White, Eat-in Kitchen, Stone Counters
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher, Electric Range, Refrigerator
      • Laundry: In Hall
      Features
      • Other
      • Flooring: Carpet, Luxury Vinyl
      • Windows: None
      • Basement: None
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 1,380
      • Total interior livable area: 1,380 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Parking Lot
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio
      • Exterior features: Other
      • Pool features: None
      • Spa features: None
      • Fencing: None
      • Has view: Yes
      • View description: Neighborhood
      • Waterfront features: None
      • Body of water: None
      Lot
      • Size: 871 Square Feet
      • Features: Level
      Details
      • Additional structures: None
      • Parcel number: 18 126 18 058
      • Other equipment: None
      • Horse amenities: None

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Townhouse
      • Property subtype: Condominium, Residential, Townhouse
      • Attached to another structure: Yes
      Materials
      • Other
      • Foundation: None
      • Roof: Asbestos Shingle,Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1971

      Utilities & green energy

      • Electric: Other
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Other
      Green energy
      • Energy efficient items: None
      • Energy generation: None

      Community & HOA

      Community
      • Features: Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Other
      • Security: None
      • Subdivision: Stone Mountain West
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Maintenance Structure
      • HOA fee: $375 monthly
      Location
      • Region: Stone Mountain

      Financial & listing details

      • Price per square foot: $98/sqft
      • Tax assessed value: $163,200
      • Annual tax amount: $3,782
      • Date on market: 9/17/2026
      • Cumulative days on market: 35 days
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Ownership: Condominium
      • Road surface type: Asphalt

        Estimated market value

        $129,600

        $123,000 - $136,000

        $1,637/mo

        Price history

        DateEventPrice
        10/2/2026Price change$135,000-6.9%$98/sqft
        Source: FMLS GA #7839288 Report a problem
        9/17/2026Listed for sale$145,000+81.3%$105/sqft
        Source: FMLS GA #7839288 Report a problem
        7/30/2021Sold$80,000+60%$58/sqft
        Source: Public Record Report a problem
        3/21/2018Sold$50,000-8.9%$36/sqft
        Source: Public Record Report a problem
        10/31/2017Price change$54,900-8.3%$40/sqft
        Source: LEADERS REALTY #5920507 Report a problem
        7/31/2017Listed for sale$59,900+73.6%$43/sqft
        Source: Georgia MLS #8233420 Report a problem
        3/21/2008Sold$34,500$25/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,782 +2.2%$65,280 +0.6%
        2024$3,700 +18.8%$64,880 +18.1%
        2023$3,115 +58.8%$54,920 +71.6%
        2022$1,961 +50.9%$32,000 +69.1%
        2021$1,300 +10.3%$18,920 +19.7%
        2020$1,178 -7.2%$15,800 -7.9%
        2019$1,269 +12.4%$17,160 -8.9%
        2018$1,130 -21.3%$18,840 -19.8%
        2017$1,435 +58.8%$23,480 +57.8%
        2016$903 $14,880 +59.7%
        2014$903 $9,320 +77.9%
        2013-- $5,240
        2012-- $5,240 +58.2%
        2011-- $3,312 -66.2%
        2010$483 -2.3%$9,800
        2009$494 -46.2%$9,800 -48.9%
        2008$919 $19,160
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 30083

        Getting around

        57 / 100
        Somewhat Walkable
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Stone Mountain
        • Middle: Stone Mountain
        • High: Stone Mountain

        Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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