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$90,333
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Property Description
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.
Full Property Details
Full Property Details for 1411 Stone Mill Trce
General
- Sold For: $90,333
- HOA FEE: $5,046
- Taxes: $2,351 (2021)
- Status: Closed
- Type: Multi-Family
- Source: GAMLS_Atlanta
- MLS ID: 10781249
- Added to Site: 123 day(s) ago
Parking
- Parking Features: Assigned, Carport, Detached
Location
- County: DeKalb
- Driving 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 left.
School Information
- Elementary School: Stone Mountain
- Middle School: Stone Mountain
- High School: Stone Mountain
Community
- Assoc. Fees Include: Insurance, Maintenance Exterior, Maintenance Grounds, Trash, Water
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Window Unit(s)
- Heating Type: Electric
Utilities
- Water/Sewer: Public Sewer
- Utility Description: Other
Structural Information
- Construction Status: Updated/Remodeled
- Basement Desc.: None
- Stories/Levels: Two
- Year Built: 1974
Lot Features
- Lot Size (Acres): 0.022
- Lot Size Range: .022
- Lot Size Source: Public Records
Water Features
- Water Front Name: NONE
Financial Considerations
- Association Fee: Yes
- Association Fee: $5,046
- Tax Amount: $2,351
- Tax Year: 2021
Disclosures and Reports
- Special Conditions: As Is, Investor-Owned
- Lot Number: 968
Listing Courtesy of: Foundation Partners Realty LLC
Sold by Non-Mls Company
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Schools
Schools serving 1411 Stone Mill Trce
School District:Dekalb County School District
| Name | Grades | Distance |
|---|---|---|
Stone Mountain Elementary School 6720 James B Rivers Dr, Stone Mountain, GA 30083 | PK-5 | 0.8 mi |
Stone Mountain Middle School 4293 Sarr Parkway, Stone Mountain, GA 30083 | 6-8 | 2.1 mi |
Stone Mountain High School 4555 Central Drive, Stone Mountain, GA 30083 | 9-12 | 1.6 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 1411 Stone Mill Trce
Date
Details
Price
Change
Source
9/30/2026
Sold
$90,333
-17.88%
MLS
6/08/2026
Listed
$110,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1411 Stone Mill Trace, Stone Mountain, GA 30083 (MLS# 10781249) is a Multi-Family property that was sold at $90,333 on September 30, 2026. Want to learn more about 1411 Stone Mill Trace? Do you have questions about finding other Multi-Family 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.

