Cash-Flowing Investment Opportunity! Attention investors! This tenant-occupied condo offers immediate income and is an excellent addition to any rental portfolio. Featuring a roommate-friendly floor plan with 3 spacious bedrooms and full bathroom upstairs, this property is designed for strong rental appeal and long-term occupancy. The primary suite includes a walk-in closet and French doors opening to a charming Juliet balcony. Enjoy private fenced patios in both the front and rear of the unit, along with an attached exterior storage building and an assigned carport with an additional storage closet. Additional guest parking is available throughout the community. Recent improvements include newer carpet, Pergo hardwood flooring, tile in wet areas, exterior paint, and a well-maintained HVAC system that was replaced approximately seven years ago. The community is professionally managed and located within the City of Tucker, offering convenient access to Stone Mountain Park, Downtown Tucker, Stone Mountain Village, I-285, and major employment centers throughout Metro Atlanta. This property is already tenant occupied and producing income, making it a true turnkey investment opportunity. Even better, it may be purchased individually or as part of a three-unit investment package that includes 1411, 1413, and 1421 Stone Mill Trace. Two of the three units are currently occupied and generating cash flow, creating an attractive opportunity for investors seeking immediate returns and portfolio growth. No rental restrictions. Rent roll and financial information available upon request.
Active
$110,000
1421 Stone Mill Trce, Stone Mountain, GA 30083
--beds
0baths
--sqft
Other, Residential Income
Built in 1974
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Attached exterior storage buildingExterior paintWalk-in closetNewer carpetPergo hardwood flooringRoommate-friendly floor planPrimary suite
- 39 days |
- 242 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Fransau McDonald,
Foundation Partners Realty, LLC 404-328-6034
Source: FMLS GA,MLS#: 7782475
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Cooling
- Ceiling Fan(s), Central Air
Features
- Flooring: Carpet, Laminate
- Windows: None
- Furnished: Yes
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Carport, Detached
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: No Dock
- Fencing: Fenced
- 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 05 019
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other, Residential Income
Materials
- Cedar, Wood Siding
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: Homeowners Assoc
- Security: None
- Subdivision: Stone Mill
HOA
- Has HOA: No
Location
- Region: Stone Mountain
Financial & listing details
- Tax assessed value: $114,500
- Annual tax amount: $2,746
- Date on market: 6/4/2026
- Cumulative days on market: 39 days
- Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,373/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Listed for sale | $110,000-3.9% |
Source: | ||
| 7/3/2023 | Sold | $114,500-11.6% |
Source: | ||
| 6/21/2023 | Pending sale | $129,500 |
Source: | ||
| 6/9/2023 | Price change | $129,500-1.9% |
Source: | ||
| 5/16/2023 | Price change | $132,000-3.3% |
Source: | ||
| 5/3/2023 | Price change | $136,500+30% |
Source: | ||
| 1/7/2023 | Price change | $105,000-4.5% |
Source: | ||
| 12/15/2022 | Price change | $110,000-4.8% |
Source: | ||
| 12/5/2022 | Price change | $115,500-5.7% |
Source: | ||
| 11/24/2022 | Listed for sale | $122,500+32.4% |
Source: | ||
| 9/2/2022 | Listing removed | $92,500 |
Source: | ||
| 6/6/2022 | Listed for sale | $92,500+4% |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/7/2020 | Listing removed | $88,900 |
Source: Owner Report a problem | ||
| 5/27/2020 | Listed for sale | $88,900+13.5% |
Source: Owner Report a problem | ||
| 5/27/2003 | Sold | $78,294+3.3% |
Source: Public Record Report a problem | ||
| 7/7/2000 | Sold | $75,800 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,441 +1.2% | $45,800 |
| 2024 | $2,412 +36.9% | $45,800 +40.3% |
| 2023 | $1,761 +7% | $32,640 +5.6% |
| 2022 | $1,647 -4.2% | $30,920 -3.6% |
| 2021 | $1,718 +54% | $32,080 +71.7% |
| 2020 | $1,116 +13.6% | $18,680 +19.4% |
| 2019 | $983 -16.1% | $15,640 -9.5% |
| 2018 | $1,171 -5.5% | $17,280 -13.4% |
| 2017 | $1,238 +68.4% | $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 -2.4% | $27,360 |
| 2009 | $1,432 +1.8% | $27,360 |
| 2008 | $1,407 +161.8% | $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: 0.9 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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- 1421 Stone Mill Trce