Investor Opportunity! Vacant & Ready for Immediate Income Production! This 2-bedroom, 1.5-bath condominium presents an excellent opportunity for investors seeking a value-add asset with strong rental potential. The functional floor plan offers spacious living and dining areas, a well-appointed kitchen, two generously sized bedrooms upstairs, and a private patio area ideal for tenant enjoyment. Currently vacant, this unit is projected to achieve approximately $1,675 per month in market rent and offers flexibility for traditional leasing or placement of a housing voucher tenant. HOA dues include exterior maintenance, landscaping, and water/sewer, helping reduce ownership responsibilities and simplify management. 1413 Stone Mill Trace is also part of a rare 3-unit investment package that includes 1411 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 with both immediate cash flow and upside potential. Rent roll, lease information, and financials are available upon request. Conveniently located near major highways, shopping, dining, public transportation, and employment centers. Whether purchased individually or as part of the portfolio package, this property offers an attractive opportunity for investors looking to build wealth through real estate.
Active
$110,000
1413 Stone Mill Trce, Stone Mountain, GA 30083
2beds
1,152sqft
Condominium, Residential
Built in 1974
-- sqft lot
$-- Zestimate®
$95/sqft
$420/mo HOA
What's special
Well-appointed kitchen
- 39 days |
- 264 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Fransau McDonald,
Foundation Partners Realty, LLC 404-328-6034
Source: FMLS GA,MLS#: 7781153
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Loft, Office
Primary bedroom
- Features: None
- Level: None
Bedroom
- Features: None
Primary bathroom
- Features: None
Dining room
- Features: None
Kitchen
- Features: None
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Oven, Refrigerator, Dishwasher
- Laundry: In Kitchen
Features
- Other
- Flooring: Other, Laminate, Luxury Vinyl, Carpet
- Windows: None
- Basement: None
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,152
- Total interior livable area: 1,152 sqft
- Finished area above ground: 1,152
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Storage, Balcony
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Other
- Waterfront features: None
- Body of water: None
Lot
- Size: 435 Square Feet
- Dimensions: 22x44
- Features: Other
Details
- Additional structures: None
- Parcel number: 18 137 05 031
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Materials
- Frame
- Foundation: Slab
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1974
Utilities & green energy
- Electric: None
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: None
- Subdivision: Stone Mill Village
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Trash
- HOA fee: $420 monthly
Location
- Region: Stone Mountain
Financial & listing details
- Price per square foot: $95/sqft
- Tax assessed value: $131,400
- Annual tax amount: $2,746
- Date on market: 6/1/2026
- Cumulative days on market: 39 days
- Listing terms: Cash,Other
- Ownership: Condominium
- Electric utility on property: Yes
- Road surface type: Other
Estimated market value
Not available
Estimated sales range
Not available
$1,391/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Listed for sale | $110,000$95/sqft |
Source:  FMLS GA #7781153 Report a problem | ||
| 4/3/2026 | Listing removed | $110,000$95/sqft |
Source:  GAMLS #10627101 Report a problem | ||
| 4/1/2026 | Listed for sale | $110,000$95/sqft |
Source: FMLS GA #7667246 Report a problem | ||
| 2/25/2026 | Pending sale | $110,000$95/sqft |
Source: GAMLS #10627101 Report a problem | ||
| 12/2/2025 | Price change | $110,000-4.3%$95/sqft |
Source: GAMLS #10627101 Report a problem | ||
| 11/14/2025 | Price change | $115,000-4.2%$100/sqft |
Source: GAMLS #10627101 Report a problem | ||
| 10/17/2025 | Listed for sale | $120,000+118.2%$104/sqft |
Source: GAMLS #10627101 Report a problem | ||
| 2/6/2024 | Sold | $55,000+245.9%$48/sqft |
Source: Public Record Report a problem | ||
| 7/19/2009 | Listing removed | $15,900+38.3%$14/sqft |
Source: Listhub #3822804 Report a problem | ||
| 4/6/2009 | Sold | $11,500-27.7%$10/sqft |
Source: Public Record Report a problem | ||
| 3/26/2009 | Listed for sale | $15,900-60.2%$14/sqft |
Source: Listhub #3822804 Report a problem | ||
| 2/21/2008 | Sold | $39,950$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,746 +63.6% | $52,560 -20.4% |
| 2024 | $1,679 +376.6% | $66,040 +102.3% |
| 2023 | $352 -56.5% | $32,640 +5.6% |
| 2022 | $811 -3.8% | $30,920 -3.6% |
| 2021 | $842 +68.2% | $32,080 +85.6% |
| 2020 | $501 -53.6% | $17,280 |
| 2019 | $1,080 -0.4% | $17,280 |
| 2018 | $1,084 -8.2% | $17,280 -13.4% |
| 2017 | $1,181 +60.5% | $19,960 +102.8% |
| 2016 | $735 | $9,840 +19.4% |
| 2014 | $735 | $8,240 +40.1% |
| 2013 | -- | $5,880 |
| 2012 | -- | $5,880 -5% |
| 2011 | -- | $6,192 -77.4% |
| 2010 | $1,397 | $27,360 |
| 2009 | $1,397 -0.7% | $27,360 |
| 2008 | $1,407 -6.8% | $27,360 |
| 2007 | $1,510 +7.4% | $27,360 |
| 2006 | $1,405 +4.3% | $27,360 |
| 2005 | $1,348 +2.5% | $27,360 |
| 2004 | $1,316 +1.6% | $27,360 |
| 2003 | $1,294 +2.2% | $27,360 |
| 2002 | $1,267 +23.4% | $27,360 |
| 2001 | $1,027 | $27,360 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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.
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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.
A local agent can set up tours, give advice and negotiate with sellers.
- Georgia
- Dekalb County
- Stone Mountain
- 30083
- 1413 Stone Mill Trce
Nearby cities
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