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 STRICTLY BY APPOINTMENT ONLY. Please respect the tenant's privacy and DO NOT DISTURB.
Active
$145,000
1150 Rankin St APT F7, Stone Mountain, GA 30083
3beds
1,380sqft
Condominium
Built in 1971
-- sqft lot
$115,700 Zestimate®
$105/sqft
$-- HOA
What's special
Updated kitchenTwo-level floor planThree bedrooms upstairs
- 2 days
- 87
- 7
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Angela Carpinella 404-229-8528,
Keller Williams Realty PeachtreeRoad
Source: GAMLS,MLS#: 10848611
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Other
Kitchen
- Features: Breakfast Area, Solid Surface Counters
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Oven/Range (Combo), Refrigerator
- Laundry: In Hall
Features
- Roommate Plan
- Flooring: Carpet, Laminate
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls,No One Above
Interior area
- Total structure area: 1,380
- Total interior livable area: 1,380 sqft
- Finished area above ground: 1,380
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
Lot
- Size: 871 Square Feet
- Features: Level
Details
- Parcel number: 18 126 18 058
- Special conditions: As Is,Investor Owned,No Disclosure
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Other
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Features: Near Public Transport, Walk To Schools, Near Shopping
- Subdivision: Stone Mountain West
HOA
- Has HOA: Yes
- Services included: Maintenance Structure, Maintenance Grounds
Location
- Region: Stone Mountain
Financial & listing details
- Price per square foot: $105/sqft
- Annual tax amount: $3,782
- Date on market: 9/18/2026
- Listing agreement: Exclusive Agency
- Listing terms: 1031 Exchange,Cash,Conventional
Estimated market value
$115,700
$95,000 - $142,000
$1,582/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $145,000+190%$105/sqft |
Source: | ||
| 9/20/2018 | Listing removed | $850$1/sqft |
Source: LEADERS REALTY #6062895 Report a problem | ||
| 8/28/2018 | Listed for rent | $850$1/sqft |
Source: LEADERS REALTY #6062895 Report a problem | ||
| 3/21/2018 | Sold | $50,000-8.9%$36/sqft |
Source: | ||
| 1/25/2018 | Listed for sale | $54,900$40/sqft |
Source: LEADERS REALTY #5920507 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 30083
Nearby schools
Schools provided by the listing agent
- Elementary: Stone Mountain
- Middle: Stone Mountain
- High: Stone Mountain
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








