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  • $269,000

    1389 Flat Rock Rd, Stockbridge, GA 30281

    3beds
    2baths
    --sqft
    : 
    Multi Family
    Built in 1976
    -- sqft lot
    $266,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Quiet residential setting
    NO SELLER FINANCING!!! ***Exceptional Investment Opportunity - Monthly rent is at $1,780!!! Tenant has never late for the payment. The property offers an annual return of approximately 6.12%. One month Security Deposit paid by tenant.***- A charming 3-bedroom, 2-bathroom and 2,304 sq. ft. single-family that offers the perfect blend of comfort and convenience. This property is strategically located in a high-demand rental area with convenient access to South Atlanta and Hartsfield-Jackson Atlanta International Airport, making it highly attractive for commuters and long-term tenants. Situated near major roadways, the home offers easy connectivity while still maintaining a quiet residential setting. Proximity to retail centers, grocery stores, and a variety of dining options enhances everyday convenience and supports strong tenant retention. With solid rental demand, an attractive rent-to-price ratio, and long-term appreciation potential, this property presents a reliable, cash-flowing investment opportunity in a growing submarket.
    21 days
    |
    205
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Yibei Xu 404-916-6518,

    WePartner Realty, LLC,

    Cheng Zeng 786-521-1317,

    WePartner Realty, LLC

    Source: GAMLS,MLS#: 10716873MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • Basement: None
      • Has fireplace: No

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Body of water: None
      Lot
      • Size: 1,742.4 Square Feet
      Details
      • Parcel number: 066B02101000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      Condition
      • Resale
      • New construction: No
      • Year built: 1976

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Individual Meters, Water Individual Meters

      Community & HOA

      Community
      • Features: None
      • Subdivision: Chimney Ridge
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Stockbridge

      Financial & listing details

      • Tax assessed value: $250,500
      • Annual tax amount: $3,957
      • Date on market: 3/24/2026
      • Cumulative days on market: 22 days
      • Listing agreement: Exclusive Right To Sell
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        Estimated market value

        $266,000

        $253,000 - $279,000

        $1,516/mo

        Price history

        Price history
        DateEventPrice
        3/24/2026Listed for sale$269,000+103.3%
        Source: FMLS GA #7719469 Report a problem
        6/30/2021Sold$132,348+32.5%
        Source: Public Record Report a problem
        7/13/2019Listing removed$1,450
        Source: Metes & Bounds Realty, LLC Report a problem
        6/24/2019Listed for rent$1,450
        Source: Metes & Bounds Realty, LLC Report a problem
        9/27/2017Sold$99,900-33.8%
        Source: Public Record Report a problem
        12/2/2009Listing removed$150,900
        Source: ERA Sunrise Realty #3875456 Report a problem
        5/16/2009Listed for sale$150,900-2.6%
        Source: ERA Sunrise Realty #3875456 Report a problem
        11/22/2008Listing removed$154,900
        Source: NCI #2448444 Report a problem
        5/19/2008Listed for sale$154,900+46.8%
        Source: Coldwell Banker** #2448444 Report a problem
        9/2/1997Sold$105,500
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$4,021 +11.3%$100,200 +7.6%
        2023$3,614 +13.1%$93,160 +13.3%
        2022$3,195 +26.3%$82,240 +26.7%
        2021$2,530 +12%$64,920 +12.2%
        2020$2,259 +12.2%$57,840 +12.4%
        2019$2,013 +28%$51,440 +28.7%
        2018$1,573 $39,960 +8.8%
        2016-- $36,720 +19.2%
        2015$1,448 +15.1%$30,800 +6.8%
        2014$1,258 $28,840
        2013-- --
        2012-- --
        2011-- --
        2010-- --
        2009-- --
        2008$2,031 -3.3%--
        2007$2,100 +6.7%$54,920 +5.5%
        2005$1,967 $52,040 -2.3%
        2004$1,967 +4.5%$53,240 +3.1%
        2003$1,882 +16.8%$51,640 +12.8%
        2002$1,612 +8.4%$45,800 +7%
        2001$1,487 +4.1%$42,800 +4.1%
        2000$1,429 $41,120

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $1,507/mo
        Principal & interest
        $1290
        Property taxes
        $217
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          Climate risks

          Neighborhood: 30281

          Getting around

          5 / 100
          Car-Dependent
          18 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Cotton Indian
          • Middle: Stockbridge
          • High: Stockbridge

          Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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