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1427 STONE MILL Trace Stone Mountain, GA $ 85,000
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$ 85,000 Get more info
1427 STONE MILL Trace
$ 85,000
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Share Save

1427 STONE MILL Trace

Stone Mountain, GA, 30083
$ 85,000
Bedrooms2 Baths1.1 Sq 1,264

Monthly Estimate*

$ 523

1427 STONE MILL Trace, Stone Mountain, GA 30083 - Image 1
1427 STONE MILL Trace, Stone Mountain, GA 30083 - Image 2

Condo for sale in Stone Mountain, GA

for $85,000 with 2 bedrooms and 1 full bath, 1 half bath. This 1,264 square foot condo was built in 1974 on a lot size of 0.02.

This tenant-occupied, cash-flowing condo is priced well below market value, making it an ideal addition to any growing portfolio. Nestled in a quiet, well-maintained community, this 2-bedroom, 1.5-bath home offers immediate rental income with all major systems and components replaced within the last year, providing peace of mind and reduced maintenance concerns for years to come. The layout features a comfortable living area, functional kitchen, and generously sized bedrooms-all supported by updated mechanicals that boost efficiency and tenant satisfaction. With reliable long-term occupants already in place, this property delivers a turnkey investment experience in a high-demand rental corridor. Just minutes from Stone Mountain Park, local shopping, schools, and major commuter routes, this location continues to attract strong rental interest. Don't miss this rare chance to secure an investor-friendly property with updated systems, stable tenancy, and exceptional value. Opportunities like this in Stone Mountain go fast!

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Condo Pending

Price

$ 85,000

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Condo

Taxes

$ 1,835

Style

A-Frame

Lot Size

0.02

Year Built

1974

Town/City

Stone Mountain

County/Region

Dekalb

MLS | Web ID

10657864
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Sewer Connected Phone Available Water Available Other
Roof Other
Appliances Dishwasher Range Refrigerator
HOA Fee 300
Association Fee Includes Maintenance Structure Water Maintenance Grounds
Architectural Style A-Frame
Construction Materials Other
Year Built 1974
Levels Two
Property Subtype Condominium
Tax Year 2023
Community Features None
County DeKalb
New Construction false
Property Type Residential
HOA true
Attached Garage false
Subdivision Name Stone Mill Village
Garage Y/N false
Full Baths 1
Status Under Contract
Directions From I-285 take Exit 39B onto US-78 East toward Stone Mountain. Continue approximately 4 miles and take the exit for East Park Place Blvd. Turn right onto East Park Place Blvd then continue as it becomes Rockbridge Road. Turn right onto S. Stone Mountain Lithonia Road then make a left onto Stone Mill Way. Turn right into the Stone Mill Trace community. Follow the road to 1427 Stone Mill Trace located on the left.
High School Stone Mountain
City Stone Mountain
Lot Size Units Square Feet
Lot Size Square Feet 871.2
Carport Y/N true
Elementary School Stone Mountain
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 1835
Home Warranty Y/N true
Middle/Junior High School Stone Mountain
Property Condition Resale
Structure Type Other
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
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Interior
Interior Amenities Other
Basement None
Flooring Carpet Tile
Total Fireplaces 0
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1264
Half Baths 1
Laundry Features Other
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 0
Main Level Bathrooms 0
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Fencing Wood Fenced
Parking Features Carport
Lot Features Other
Water Source Public
Total Parking 0
Lot Size Area 871.2
Building Area Total 1264
Lot Size Acres 0.02
Lot Size Source Public Records
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* Excluded Features
List By
Keller Williams Realty Atl. Partners

Broker

fransaum@kw.com

Email

Affordability Calculator

$676
Per Month
77%
23%
0%
Monthly Principal & Interest
$523
Monthly Property Taxes
$153
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4134879 Elementary School
4750462 Middle School
Stone Mountain High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/8/2026$85,000 Listed Price

Map

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1427 STONE MILL Trace, Stone Mountain, GA, 30083 is a Condo for sale at $85,000 with 1,264 sqft and a lot size of 0.02. 1427 STONE MILL Trace has 2 bedrooms, 1.1 baths, and was built in 1974. The property's zip code is 30083 which is in Stone Mountain, GA

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