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Listing Detail - Nashville Home and Farms

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Stone Mountain, GA 30083 1413 STONE MILL Trace

1413 STONE MILL Trace Stone Mountain, GA - Image 11413 STONE MILL Trace Stone Mountain, GA - Image 21413 STONE MILL Trace Stone Mountain, GA - Image 3
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Presented By: Fransau McDonald with Foundation Partners Realty LLC;
  • MLS# 10778339
  • 06/04/2026
  • Request Tour
  • Request Info
  • Beds • 2
  • Full/Half Baths • 1 / 1
  • SQFT • 1,152

Home Details

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.
Presented By: Fransau McDonald with Foundation Partners Realty LLC;

Interior Features for 1413 STONE MILL Trace

Bedrooms

Main Level Bedrooms0
Total Bedrooms2

Bathrooms

Half Baths1
Main Level Bathrooms
Total Baths2

Other Interior Features

LivingAreaSourcePublic Records
Above Grade Finished Area576
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
BasementNone
Below Grade Finished Area576
Below Grade Finished Area Unit TypeSquare Feet
Common Walls2+ Common Walls, No One Above, No One Below
Fireplace Y/NNo
FlooringCarpet, Tile, Vinyl
Heating Y/NYes
Interior AmenitiesOther
Laundry FeaturesIn Kitchen
Total Fireplaces

General for 1413 STONE MILL Trace

AppliancesConvection Oven, Dishwasher, Other, Refrigerator
Architectural StyleA-Frame
Association Fee IncludesMaintenance Structure, Maintenance Grounds, Water
Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NYes
CityStone Mountain
Community FeaturesNone
Construction MaterialsVinyl Siding
CoolingCentral Air
CountyDeKalb
DirectionsFrom Stone Mountain Park (Approx. 10 minutes / 4 miles). Take Main St / East Ponce de Leon Ave westbound. Turn left onto South Indian Creek Dr. Continue about 1 mile, then right onto Stone Mill Trace. Building 1413 will be on the right.
Elementary SchoolStone Mountain
Full Baths1
Garage Y/NNo
HOAYes
HOA Fee$420
HeatingForced Air
High SchoolStone Mountain
Home Warranty Y/NNo
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet958.32
Lot Size UnitsSquare Feet
Middle/Junior High SchoolStone Mountain
New ConstructionNo
Patio/Porch FeaturesPatio, Porch
Property Attached Y/NYes
Property ConditionResale
Property SubtypeCondominium
Property TypeResidential
RoofOther
Security FeaturesSmoke Detector(s)
SewerPublic Sewer
Standard StatusActive
StatusNew
Structure TypeOther
Subdivision NameStone Mill Condominium Association
Tax Annual Amount2746
Tax Year2024
UtilitiesCable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Connected, Water Available
Year Built1974

Exterior for 1413 STONE MILL Trace

Building Area Total1152
FencingBack Yard, Fenced, Privacy
Lot FeaturesOther
Lot Size Acres0.022
Lot Size Area958.32
Lot Size SourcePublic Records
Parking FeaturesCarport, Assigned
Total Parking1
Water SourcePublic

Additional Details

Price History

Schools

Elementary School Stone Mountain Elementary School

Anthony Martin

Agent | Owner
Price $110,000
MLS#10778339
List Date 06/04/2026
Property Type Condos
Request Tour
Request Info
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