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$145,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,380 Sq. Ft.
  • Updated 1 day ago
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INVESTOR OPPORTUNITY WITH ESTABLISHED LONG-TERM TENANT IN PLACE! This updated 3-bedroom, 2.5-bath townhouse-style condo in Stone Mountain West offers investors the opportunity to step into an income-producing property with fewer of the typical upfront hassles of acquiring a rental. An excellent long-term tenant is already in place with a lease through September 2027 and is responsible for all utilities. For a new owner, that means immediate rental income without the initial downtime, turnover expenses, make-ready costs and uncertainty of finding and placing a new tenant. Don't miss this excellent opportunity to grow or diversify your rental portfolio. The two-level floor plan features an updated kitchen and bathrooms, luxury vinyl plank flooring on the main level, generous living and dining spaces, and three bedrooms upstairs. The HOA recently replaced the roof, providing another important recent improvement. Association dues cover common-element maintenance including pest control, exterior painting, staining and cleaning, exterior window frames, and hallway-facing entry doors. Conveniently located near Downtown Stone Mountain shopping and dining, Stone Mountain Park, area schools, Highway 78 and I-285, with easy access throughout Metro Atlanta. Looking for the numbers? Contact the listing agent for current rental information, gross income, estimated NOI and additional investment details. TENANT OCCUPIED. SHOWINGS STRICTLY BY APPOINTMENT ONLY. Please respect the tenant's privacy and DO NOT DISTURB.

Full Property Details for 1150 Rankin St #7F

General

  • Price: $145,000
  • HOA FEE: $375/month
  • Taxes: $3,782 (2025)
  • Status: Active
  • Type: Condo
  • Source: FMLS_Atlanta
  • MLS ID: 7839288
  • Updated: 9/18/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Other
  • Fireplace(s): None
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Flooring: Carpet, Luxury Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Other

Bedrooms

  • Total Bedrooms: 3
  • Bedroom Features: Roommate Floor Plan, Split Bedroom Plan

Other Rooms

  • Kitchen: White Cabinets, Eat-in Kitchen, Stone Counters
  • Dining Room: Open Concept
  • Laundry: In Hall

Additional Information

  • Amenities: Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Other
  • Security/Safety: None
  • Equipment: None

Exterior

  • Exterior Features: Other
  • Porch/Patio/Deck: Patio

Parking

  • Total Spaces: 2
  • Parking Features: Parking Lot

Location

  • County: Dekalb
  • Subdivision: Stone Mountain West
  • Driving Directions: GPS Friendly

School Information

  • Elementary School: Stone Mountain
  • Middle School: Stone Mountain
  • High School: Stone Mountain

Community

  • Association: Yes
  • Assoc. Fees Include: Maintenance Grounds, Maintenance Structure
  • Units Assoc/Comm: 1

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Other

Structural Information

  • Architectural Style: Townhouse
  • Detached/Attached: Attached
  • Exterior Const.: Other
  • Basement Desc.: None
  • Roof: Asbestos Shingle, Composition
  • Common Walls: 2+ Common Walls
  • Windows: None
  • Stories/Levels: Two
  • Square Feet: 1,380
  • Sq. Ft. Source: Public Records
  • Year Built: 1971
  • Property Condition: Resale

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.02
  • Lot Size Source: Public Records
  • Lot Dimensions: x
  • Frontage: Private Road
  • Street/Road Desc.: Asphalt
  • Lot Features: Level
  • Fencing (Description): None

Financial Considerations

  • Association Fee: $375
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $3,782
  • Tax Year: 2025
  • Terms: 1031 Exchange, Cash, Conventional

Disclosures and Reports

  • Property ID: 18 126 18 058

Listed by Keller Williams Realty Peachtree Rd.

FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Sep 17 2026 5:24PM

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— 1150 Rankin St #7F —

  • Keller Williams Realty Peachtree Rd.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1150 Rankin St #7F

School District:Dekalb County School District
NameGradesDistance
Stone Mountain Elementary School
6720 James B Rivers Dr, Stone Mountain, GA 30083
PK-50.2 mi
Stone Mountain Middle School
4293 Sarr Parkway, Stone Mountain, GA 30083
6-83 mi
Stone Mountain High School
4555 Central Drive, Stone Mountain, GA 30083
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1150 Rankin St #7F Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/17/2026
Listed
$145,000
574.42%
MLS
2/11/2013
Sold
$21,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1150 Rankin St #7F

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,147
-8%
$53,240
-10%
2024
$3,403
65%
$59,160
72%
2023
$2,059
-9%
$34,400
-9%
2022
$2,275
55%
$38,000
73%
2021
$1,464
13%
$22,000
23%
2020
$1,298
8%
$17,920
12%
2019
$1,203
123%
$16,000
26%
2017
$539
—
$12,720
45%
2017
$539
-20%
$8,784
-20%
2016
$677
21%
$11,040
15%
2014
$559
—
$9,600
5%
2014
$559
65%
$9,120
95%
2013
$338
—
$4,680
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1150 Rankin St #7F

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Keller Williams Realty Peachtree Rd.

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FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Sep 17 2026 5:24PM

1150 Rankin Street #7F, Stone Mountain, GA 30083 (MLS# 7839288) is a Condo property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 1150 Rankin Street #7F is currently listed for $145,000 and was received on September 17, 2026. Want to learn more about 1150 Rankin Street #7F? Do you have questions about finding other Condo real estate for sale in Stone Mountain? You can browse all Stone Mountain real estate or contact a Coldwell Banker agent to request more information.

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