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  • $269,000

    1389 Flat Rock Rd, Stockbridge, GA 30281

    3beds
    2baths
    --sqft
    : Get pre-qualified
    Other, Residential Income
    Built in 1976
    -- sqft lot
    $265,300 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.
    69 days
    |
    228
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Yibei Xu,

    Wepartner Realty, LLC. 678-878-3885,

    Cheng Zeng,

    Wepartner Realty, LLC.

    Source: FMLS GA,MLS#: 7719469MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Central
      Cooling
      • Central Air
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Has garage: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Fencing: Back Yard
      • Has view: Yes
      • View description: Other
      • Waterfront features: None
      • Body of water: None
      Lot
      • Size: 1,742 Square Feet
      • Features: Other
      Details
      • Parcel number: 066B02101000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Other, Residential Income
      Materials
      • Vinyl Siding
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1976

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Available, Water Available
      Green energy
      • Energy efficient items: None
      • Energy generation: None

      Community & HOA

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

      Financial & listing details

      • Tax assessed value: $247,700
      • Annual tax amount: $3,957
      • Date on market: 3/24/2026
      • Cumulative days on market: 69 days
      • Electric utility on property: Yes
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        Estimated market value

        $265,300

        $252,000 - $279,000

        $1,499/mo

        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

        YearProperty taxesTax assessment
        2025$3,957 -1.6%$99,080 -1.1%
        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

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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