1413 STONE MILL Trace, Stone Mountain, GA 30083

• 2 beds |
• 2 baths |
• 1,152 sqft

Property Description

Investor Opportunity! Vacant & 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.

Listing Status:

Active

Date Added:

June 4, 2026

Data Last Updated:

June 26, 2026 at 1:07AM

Listing Office:

Foundation Partners Realty LLC : 404-328-6034

Listing Agent:

Fransau McDonald : 470-445-7626

MLS ID:

10778339

Interior

• General: Other
• Appliances: Convection OvenDishwasherOtherRefrigerator
• Laundry: In Kitchen
• Basement: None
• Flooring: CarpetTileVinyl
• A/C: Central Air
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• Style: A-Frame
• Parking: CarportAssignedParking spaces: 1

Construction

• Roofing: Other
• General: Vinyl SidingTwo

Location

• HOA Amenities: Maintenance StructureMaintenance GroundsWater420.0
• Originating MLS: Georgia MLS 2
• County: DeKalb

Lot

• Zoning: 18 137 05 031
• Fencing: Back YardFencedPrivacy

Utilities

• Utilities: Cable AvailableElectricity AvailableHigh Speed InternetNatural Gas AvailablePhone AvailableSewer ConnectedWater AvailableElectricity on Property
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Georgia MLS 2