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  • $110,000

    1411 Stone Mill Trce, Stone Mountain, GA 30083

    --beds
    --baths
    --sqft
    : 
    $1,238/mo
    Get pre-qualified
    Multi Family
    Built in 1974
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $421/mo HOA

    What's special

    Private patio areaWell-appointed kitchenFunctional floor plan
    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.
    78 days
    |
    559
    |
    32
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Fransau McDonald 4704457626,

    Foundation Partners Realty LLC

    Source: GAMLS,MLS#: 10781249MLS Logo

      Facts & features

      Interior

      Heating
      • Electric
      Cooling
      • Ceiling Fan(s), Central Air, Window Unit(s)
      Features
      • Basement: None
      • Has fireplace: No

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned, Carport, Detached
      • Has carport: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Body of water: None
      Lot
      • Size: 958 Square Feet
      Details
      • Parcel number: 18 137 05 032
      • Special conditions: As Is,Investor Owned

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Other
      • Foundation: Slab
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1974

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Other

      Community & HOA

      Community
      • Features: None
      • Subdivision: Stone Mill Village
      HOA
      • Has HOA: Yes
      • Services included: Insurance, Maintenance Structure, Maintenance Grounds, Trash, Water
      • HOA fee: $5,046 annually
      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: 78 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: 1031 Exchange,Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,524/mo

        Price history

        DateEventPrice
        6/8/2026Listed for sale$110,000+0.5%
        Source: GAMLS #10781249 Report a problem
        8/30/2023Sold$109,500-18.9%
        Source: FMLS GA #7245185 Report a problem
        8/21/2023Pending sale$135,000
        Source: FMLS GA #7245185 Report a problem
        7/19/2023Price change$135,000-3.6%
        Source: GAMLS #10180125 Report a problem
        7/12/2023Listed for sale$140,000+26.2%
        Source: GAMLS #10180125 Report a problem
        7/6/2023Listing removed$110,900
        Source: FMLS GA #7220208 Report a problem
        6/22/2023Price change$110,900-7.5%
        Source: FMLS GA #7220208 Report a problem
        6/13/2023Price change$119,900-4%
        Source: FMLS GA #7220208 Report a problem
        6/2/2023Price change$124,900-5%
        Source: FMLS GA #7220208 Report a problem
        5/29/2023Price change$131,500-3.9%
        Source: FMLS GA #7220208 Report a problem
        5/27/2023Price change$136,900-6.9%
        Source: FMLS GA #7220208 Report a problem
        5/22/2023Listed for sale$147,000+22.5%
        Source: FMLS GA #7220208 Report a problem
        5/20/2023Listing removed$120,000
        Source: GAMLS #10121893 Report a problem
        5/12/2023Listed for sale$120,000
        Source: GAMLS #10121893 Report a problem
        4/20/2023Pending sale$120,000
        Source: GAMLS #10121893 Report a problem
        4/20/2023Listed for sale$120,000
        Source: FMLS GA #7162284 Report a problem
        4/12/2023Listing removed$120,000
        Source: FMLS GA #7162284 Report a problem
        2/17/2023Listed for sale$120,000
        Source: FMLS GA #7162284 Report a problem
        2/8/2023Pending sale$120,000
        Source: GAMLS #10121893 Report a problem
        1/12/2023Listed for sale$120,000
        Source: FMLS GA #7162284 Report a problem
        1/4/2023Listing removed$120,000
        Source: GAMLS #20087330 Report a problem
        12/6/2022Price change$120,000-7.7%
        Source: GAMLS #20087330 Report a problem
        11/17/2022Listed for sale$130,000+73.3%
        Source: GAMLS #20087330 Report a problem
        11/22/2021Sold$75,000+8.7%
        Source: FMLS GA #6971585 Report a problem
        11/20/2021Pending sale$69,000
        Source: GAMLS #20001243 Report a problem
        11/16/2021Listed for sale$69,000
        Source: GAMLS #20001243 Report a problem

        Public tax history

        YearProperty taxesTax 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

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 30083

        Getting around

        8 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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