# 1150 Rankin Street #F7, Stone Mountain, GA 30083 > **TL;DR:** 3bd/3ba condo, $135,000 ($98/sqft), built 1971, 1,380 sqft. > A/C. Est. $722/mo. Listed 46 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $135,000 | | Price/sqft | $98 | | Bedrooms | 3 | | Bathrooms | 2 full, 1 half | | Square Feet | 1,380 | | Year Built | 1971 | | Lot Size | 871 sqft (0.02 acres) | | Stories | 2 | | Property Type | Condo (Condominium) | | Status | Active | | Days on Market | 46 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $683 | | Estimated Insurance | $39 | | **Total** | **$722** | ## Nearby Schools - **Elementary:** Stone Mountain - **Middle:** Stone Mountain - **High:** Stone Mountain ## Key Amenities - A/C ## Property Highlights - Built in 1971 - 0.02 acre lot - 2 stories ## Description ### Agent Description 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 WILL BE AVAILABLE WITH AN ACCEPTED OFFER DURING DUE DILIGENCE. Please respect the tenant's privacy and DO NOT DISTURB. ## Location - **Address:** 1150 Rankin Street #F7, Stone Mountain, GA 30083 - **County:** DeKalb - **Neighborhood:** Stone Mountain West - **Coordinates:** 33.811754, -84.167064 - **Google Maps:** https://www.google.com/maps?q=33.811754,-84.167064 ## Listing Agent - **Name:** Angela Carpinella - **Brokerage:** Keller Williams Realty Peachtree Road - **Broker Phone:** (404) 419-3503 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1150-Rankin-St-Apt-F7_Stone-Mountain_GA_30083_M63982-62281?f=listhub&s=GAMLS&m=10848611&c=propsimple) ## Photos ![1150 Rankin Street #F7 - Photo 1](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f16061572r.jpg) ![1150 Rankin Street #F7 - Photo 2](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f999255157r.jpg) ![1150 Rankin Street #F7 - Photo 3](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f2964079610r.jpg) ![1150 Rankin Street #F7 - Photo 4](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f2560996025r.jpg) ![1150 Rankin Street #F7 - Photo 5](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f2118457804r.jpg) ![1150 Rankin Street #F7 - Photo 6](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f3878131775r.jpg) ![1150 Rankin Street #F7 - Photo 7](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f46922256r.jpg) ![1150 Rankin Street #F7 - Photo 8](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f2010032634r.jpg) ![1150 Rankin Street #F7 - Photo 9](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f1557917524r.jpg) ![1150 Rankin Street #F7 - Photo 10](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f2029204330r.jpg) ![1150 Rankin Street #F7 - Photo 11](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f2183257742r.jpg) ![1150 Rankin Street #F7 - Photo 12](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f2898232618r.jpg) ![1150 Rankin Street #F7 - Photo 13](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f191105384r.jpg) ![1150 Rankin Street #F7 - Photo 14](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f1952802156r.jpg) ![1150 Rankin Street #F7 - Photo 15](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f2168297683r.jpg) ![1150 Rankin Street #F7 - Photo 16](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f4255962045r.jpg) ![1150 Rankin Street #F7 - Photo 17](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f1743274030r.jpg) ![1150 Rankin Street #F7 - Photo 18](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f1186685465r.jpg) ![1150 Rankin Street #F7 - Photo 19](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f3511131563r.jpg) ![1150 Rankin Street #F7 - Photo 20](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f3902058326r.jpg) ![1150 Rankin Street #F7 - Photo 21](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f2856187777r.jpg) ![1150 Rankin Street #F7 - Photo 22](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f3492738660r.jpg) ![1150 Rankin Street #F7 - Photo 23](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f1356118856r.jpg) ![1150 Rankin Street #F7 - Photo 24](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f2117824927r.jpg) ![1150 Rankin Street #F7 - Photo 25](http://lh.rdcpix.com/111d12630c0cb7dc4174071a1f46cb8bl-f3569618815r.jpg) --- **MLS#:** 10848611 | **Updated:** 2026-10-27 **Source:** listhub *Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1150-rankin-street-stone-mountain-ga-30083-7d062e2017c44e7c81756f1a1699ea38) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1150-rankin-street-stone-mountain-ga-30083-7d062e2017c44e7c81756f1a1699ea38#listing", "url": "https://www.propertysimple.ai/listing/1150-rankin-street-stone-mountain-ga-30083-7d062e2017c44e7c81756f1a1699ea38", "name": "1150 Rankin Street #F7, Stone Mountain, GA 30083", "description": "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 WILL BE AVAILABLE WITH AN ACCEPTED OFFER DURING DUE DILIGENCE. 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