1411 Stone Mill Trace Stone Mountain, GA 30083
Estimated payment $1,213/month
Highlights
- Central Air
- Ceiling Fan
- Heating Available
About This Home
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.
Listing Agent
Foundation Partners Realty LLC Brokerage Phone: 4704457626 License #428454 Listed on: 06/08/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,351
Year Built
- Built in 1974 | Remodeled
Lot Details
- 871 Sq Ft Lot
HOA Fees
- $421 Monthly HOA Fees
Home Design
- Slab Foundation
Interior Spaces
- 2-Story Property
- Ceiling Fan
Parking
- 1 Parking Space
- Carport
- Assigned Parking
Schools
- Stone Mountain Elementary And Middle School
- Stone Mountain High School
Utilities
- Central Air
- Window Unit Cooling System
- Heating Available
Community Details
- Association fees include insurance, maintenance exterior, ground maintenance, trash, water
- Stone Mill Village Subdivision
Listing and Financial Details
- Tax Lot 32
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,351 | $43,800 | $5,694 | $38,106 |
| 2024 | $2,323 | $43,800 | $5,720 | $38,080 |
| 2023 | $2,323 | $31,360 | $3,200 | $28,160 |
| 2022 | $1,603 | $29,920 | $3,200 | $26,720 |
| 2021 | $1,536 | $27,960 | $3,200 | $24,760 |
| 2020 | $922 | $14,240 | $3,200 | $11,040 |
| 2019 | $963 | $15,200 | $3,200 | $12,000 |
| 2018 | $778 | $15,200 | $3,200 | $12,000 |
| 2017 | $971 | $15,200 | $3,200 | $12,000 |
| 2016 | $583 | $6,400 | $880 | $5,520 |
| 2014 | $567 | $8,240 | $880 | $7,360 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/08/2026 06/08/26 | For Sale | $110,000 | +0.5% | -- | |
| 08/30/2023 08/30/23 | Sold | $109,500 | -18.9% | $95 / Sq Ft | View Prior Sale |
| 08/18/2023 08/18/23 | Pending | -- | -- | -- | |
| 07/19/2023 07/19/23 | Price Changed | $135,000 | -3.6% | $117 / Sq Ft | |
| 07/12/2023 07/12/23 | For Sale | $140,000 | +86.7% | $122 / Sq Ft | |
| 11/22/2021 11/22/21 | Sold | $75,000 | +8.7% | $65 / Sq Ft | View Prior Sale |
| 11/18/2021 11/18/21 | Pending | -- | -- | -- | |
| 11/12/2021 11/12/21 | For Sale | $69,000 | -- | $60 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $109,500 | -- | |
| Warranty Deed | $75,000 | -- |
Source: Georgia MLS
MLS Number: 10781249
APN: 18-137-05-032
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.
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