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$120,000

Listing Price

2beds

1.5baths

1,152sqft

436sqft lot

1413 Stone Mill Trce, Stone Mountain, GA 30083

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Pending

Off Market

Condo / Townhome

Home type

95.49

Price / sqft

1974

Year built

Home Details

Investor Opportunity! Occupied and 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 close to $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.

Interior Details

Square Feet
  • 1152

Bedrooms
  • 2

Bathrooms
  • 1.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 436

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    1

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • Condo/apartment

Exterior
  • Wood

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$500

$3,283

$13,997

--%

$17,280

2019

$1,054

$3,283

$13,997

--%

$17,280

2017

$1,180

$3,200

$14,080

--%

$17,280

2017

$1,180

$3,194

$16,766

--%

$19,960

2016

$735

$880

$8,960

--%

$9,840

2014

$673

$880

$7,360

--%

$8,240

2013

$567

$880

$5,000

--%

$5,880

2012

$0

$880

$5,000

--%

$5,880

percent-home-icon

Average Home Price in 30083

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$78,575

3 Beds

2 Baths

1,234 Sqft

1,742 Lot (sqft)

Sold 09/22/2026

$110,000

3 Beds

1.5 Baths

1,152 Sqft

436 Lot (sqft)

Sold 10/05/2026

$65,000

2 Beds

2 Baths

1,264 Sqft

871 Lot (sqft)

Sold 09/29/2026

$57,151

2 Beds

1 Baths

1,152 Sqft

436 Lot (sqft)

Sold 09/29/2026

$120,000

2 Beds

1.5 Baths

1,152 Sqft

436 Lot (sqft)

Sold 10/05/2026

$80,000

3 Beds

2 Baths

1,234 Sqft

871 Lot (sqft)

Sold 10/05/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
120,000
$
Down payment
24,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
720
$
HOA (Monthly)
0
$
PMI
0
$
$777
Your Payment
Total Monthly Payment:$777
Percent of Income:13%
Affordable:Yes

Details for 1413 STONE MILL TRCE

Property Debt

Foreclosure Contact Details