Investor Opportunity! Tenant-Occupied & Cash-Flowing Condo in Stone Mountain! This well-maintained 2-bedroom, 1.5-bath condominium is a turnkey investment property with an established Housing Choice Voucher tenant already in place. The current lease extends through February 2027, providing immediate and stable cash flow. The functional floor plan features spacious living and dining areas, a well-appointed kitchen, two generously sized bedrooms upstairs, and a private patio area. HOA dues include exterior maintenance, landscaping, and water/sewer, helping to simplify ownership and management. This property is Housing Voucher approved, and the voucher is transferable, making it an attractive option for investors seeking reliable income and long-term occupancy. 1411 Stone Mill Trace is also available as part of a rare 3-unit investment package that includes 1413 and 1421 Stone Mill Trace. Together, the portfolio generates approximately $5,000 in monthly rental income and nearly $60,000 annually in gross revenue, offering investors an opportunity to acquire a stabilized, income-producing portfolio in one transaction. Rent roll and lease information are available upon request. Conveniently located near major highways, shopping, dining, public transportation, and employment centers. Showings by appointment only. Do not disturb tenant.
Active
$110,000
1411 Stone Mill Trce, Stone Mountain, GA 30083
--beds
0baths
--sqft
Other, Residential Income
Built in 1974
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Private patio areaWell-appointed kitchenFunctional floor plan
- 33 days |
- 757 |
- 38 |
Zillow last checked:
Listing updated:
Listed by:
Fransau McDonald,
Foundation Partners Realty, LLC 404-328-6034
Source: FMLS GA,MLS#: 7784606
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Ceiling Fan(s), Central Air, Window Unit(s)
Features
- Flooring: Carpet, Laminate, Vinyl
- Windows: None
Property
Parking
- Total spaces: 1
- Parking features: Carport, Detached
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: No Dock
- Fencing: Fenced,Wood
- Has view: Yes
- View description: Other
- Waterfront features: None
- Body of water: None
Lot
- Size: 958 Square Feet
- Features: Other
Details
- Parcel number: 18 137 05 032
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other, Residential Income
Materials
- Other
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: Homeowners Assoc
- Security: Carbon Monoxide Detector(s)
- Subdivision: Stone Mill Village
HOA
- Has HOA: No
Location
- Region: Stone Mountain
Financial & listing details
- Tax assessed value: $109,500
- Annual tax amount: $2,351
- Date on market: 6/8/2026
- Cumulative days on market: 33 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,373/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Listed for sale | $110,000+0.5% |
Source: | ||
| 8/30/2023 | Sold | $109,500-18.9% |
Source: | ||
| 8/21/2023 | Pending sale | $135,000 |
Source: | ||
| 7/19/2023 | Price change | $135,000-3.6% |
Source: | ||
| 7/12/2023 | Listed for sale | $140,000+26.2% |
Source: | ||
| 7/6/2023 | Listing removed | $110,900 |
Source: | ||
| 6/22/2023 | Price change | $110,900-7.5% |
Source: | ||
| 6/13/2023 | Price change | $119,900-4% |
Source: | ||
| 6/2/2023 | Price change | $124,900-5% |
Source: | ||
| 5/29/2023 | Price change | $131,500-3.9% |
Source: | ||
| 5/27/2023 | Price change | $136,900-6.9% |
Source: | ||
| 5/22/2023 | Listed for sale | $147,000+22.5% |
Source: | ||
| 5/20/2023 | Listing removed | $120,000 |
Source: | ||
| 5/12/2023 | Listed for sale | $120,000 |
Source: | ||
| 4/20/2023 | Pending sale | $120,000 |
Source: | ||
| 4/20/2023 | Listed for sale | $120,000 |
Source: | ||
| 4/12/2023 | Listing removed | $120,000 |
Source: | ||
| 2/17/2023 | Listed for sale | $120,000 |
Source: | ||
| 2/8/2023 | Pending sale | $120,000 |
Source: | ||
| 1/12/2023 | Listed for sale | $120,000 |
Source: | ||
| 1/4/2023 | Listing removed | $120,000 |
Source: | ||
| 12/6/2022 | Price change | $120,000-7.7% |
Source: | ||
| 11/17/2022 | Listed for sale | $130,000+73.3% |
Source: | ||
| 11/22/2021 | Sold | $75,000+8.7% |
Source: Public Record Report a problem | ||
| 11/20/2021 | Pending sale | $69,000 |
Source: | ||
| 11/16/2021 | Listed for sale | $69,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,351 +1.2% | $43,800 |
| 2024 | $2,323 +36.3% | $43,800 +39.7% |
| 2023 | $1,704 +6.3% | $31,360 +4.8% |
| 2022 | $1,603 +4.4% | $29,920 +7% |
| 2021 | $1,536 +66.6% | $27,960 +96.3% |
| 2020 | $922 -4.3% | $14,240 -6.3% |
| 2019 | $963 -0.6% | $15,200 |
| 2018 | $969 -0.2% | $15,200 -23.8% |
| 2017 | $971 +66.4% | $19,960 +211.9% |
| 2016 | $583 | $6,400 -22.3% |
| 2014 | $583 | $8,240 +40.1% |
| 2013 | -- | $5,880 |
| 2012 | -- | $5,880 -5% |
| 2011 | -- | $6,192 -77.4% |
| 2010 | $684 -18% | $27,360 |
| 2009 | $834 +46.6% | $27,360 |
| 2008 | $569 -2.8% | $27,360 |
| 2007 | $585 | $27,360 |
| 2006 | $585 +13.7% | $27,360 |
| 2005 | $514 +1.2% | $27,360 |
| 2004 | $508 -5.4% | $27,360 |
| 2003 | $537 +8.7% | $27,360 |
| 2002 | $494 +63.9% | $27,360 |
| 2001 | $302 | $27,360 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 30083
Nearby schools
GreatSchools rating
- 4/10Stone Mountain Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Stone Mountain Middle SchoolGrades: 6-8Distance: 2.1 mi
- 2/10Stone Mountain High SchoolGrades: 9-12Distance: 1.7 mi
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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- Georgia
- Dekalb County
- Stone Mountain
- 30083
- 1411 Stone Mill Trce