1411 Stone Mill Trace Stone Mountain, GA $ 110,000
1411 Stone Mill Trace
$ 110,000
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1411 Stone Mill Trace

Stone Mountain, GA, 30083
$ 110,000
Baths0.0

Monthly Estimate*

$ 677

1411 Stone Mill Trace, Stone Mountain, GA 30083 - Image 1
1411 Stone Mill Trace, Stone Mountain, GA 30083 - Image 2
1411 Stone Mill Trace, Stone Mountain, GA 30083 - Image 3
Studio

Multi-Family Home for sale in Stone Mountain, GA

for $110,000. This home was built in 1974 on a lot size of 0.022.

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.

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Multi-Family Active

Price

$ 110,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,351

Style

Lot Size

0.022

Year Built

1974

Town/City

Stone Mountain

County/Region

Dekalb

MLS | Web ID

7784606

Features
General
Sewer Public Sewer
Heating Electric
Cooling Ceiling Fan(s) Central Air Window Unit(s)
Utilities Other
Roof Shingle
Security Features Carbon Monoxide Detector(s)
Construction Materials Other
Year Built 1974
View Other
Levels Two
Property Subtype Other
Tax Year 2023
Parcel Number 18 137 05 032
Gross Income 19200
Waterfront Features None
Community Features Homeowners Assoc
Accessibility None
County Dekalb - GA
Net Operating Income 0
Operating Expense 0
Property Type Residential Income
HOA false
Energy Efficient None
Subdivision Name Stone Mill Village
Green Energy Generation None
Status Active
Directions From I-285 take Exit 41 for Memorial Drive East toward Stone Mountain. Continue on Memorial Drive for approximately 4 miles then turn right onto North Hairston Road. Turn left onto Stone Mill Trace and continue into the community. Follow Stone Mill Trace to 1411 Stone Mill Trace. Unit will be on the right.
High School Stone Mountain
City Stone Mountain
Body of Water None
Number Of Units Total 0
Elementary School Stone Mountain
Property Attached Y/N false
Tax Annual Amount 2351
Home Warranty Y/N false
Middle/Junior High School Stone Mountain
Property Condition Resale
Standard Status Active
Tax Lot 32
Cap Rate 0
Freehold IDX
Corporate Owner Investor Owned Sold As/Is Other
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Interior
Flooring Carpet Laminate Vinyl
Furnished Y/N Unfurnished
Window Features None
Total Baths 0
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Exterior
Fencing Fenced Wood
Parking Features Carport Detached
Lot Features Other
Water Source Public
Total Parking 1
Lot Dimensions 0
Lot Size Acres 0.022
Lot Size Source Other
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* Excluded Features
List By
Fransau McDonald

Listing Agent

Foundation Partners Realty, Llc

Broker

propertylanguage@gmail.com

Email

Affordability Calculator

$873
Per Month
78%
22%
0%
Monthly Principal & Interest
$677
Monthly Property Taxes
$196
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
Pricing History
DatePricePrice ChangeDescription
6/8/2026$110,000 Listed Price

Map


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1411 Stone Mill Trace, Stone Mountain, GA, 30083 is a Multi-Family Home for sale at $110,000 with a lot size of 0.022. 1411 Stone Mill Trace is a studio with 0.0 baths and was built in 1974. The property's zip code is 30083 which is in Stone Mountain, GA