494 S Malton Ct Stone Mountain, GA 30083
Property details
About 494 S Malton Ct
Calling all real estate investors looking for a strong return on investment! 494 South Malton Court in Stone Mountain presents a fantastic opportunity to acquire a property with a 10.3% cap rate. This 8-bedroom, 3-bathroom property is a turnkey, operating PadSplit with a strong track record of high occupancy. PadSplit is a housing solution platform that helps members find accessible housing throughout the nation. The property is leased directly to PadSplit PadSplit sources and screens members for property owners making this an easy lift for both first-time and seasoned investors alike. Google PadSplit to learn more about the platform and becoming a PadSplit host. Located near North Hairston Road, 494 South Malton Court is just 0.4 miles to the nearest Marta Bus route. A direct bus ride takes you to Indian creek MARTA station a short 15-mins by bus making it easy and seamless to access all of Metro Atlanta. Mere minutes to a Walmart Supercenter, the location is prime for current and future occupants who seek the convenience of having groceries and shopping just a short ride away. Make this cash-flowing winner a part of your real estate portfolio today!
Highlights
Summary
- MLS Number: 10463928
- MLS Name: Georgia MLS 2
- Office Name: Bolst, Inc.
- Listing Agent: Allison Haywood
Based on information from the Georgia MLS © 2025.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$334,900
494 S Malton Ct
$3,977
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 23, 2021 | Home Sold | $260,000 |
| May 07, 2019 | Home Sold | $174,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $121,040 | $5,754 |
| 2022 | $104,000 | $4,920 |
| 2021 | $78,000 | $2,644 |
| 2020 | $69,960 | $2,372 |
| 2018 | $51,560 | $1,588 |
| 2017 | $46,200 | $1,588 |
History based on county public records data.
Nearby schools
5
Rockbridge Elementary School
Public District PK-5
0.1 mi
•445 Halwick Way
6
Allgood Elementary School
Public District PK-5
1.1 mi
•659 Allgood Rd
5
Hambrick Elementary School
Public District PK-5
1.4 mi
•1101 Hambrick Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,192. Residents of Stone Mountain, GA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Soccer
Mexican League Soccer
Horse Races
Where do the neighbors shop?
Burlington
Books-a-Million
Stein Mart
Where do the neighbors go to eat?
Wingstop
Church's Chicken
LongHorn Steakhouse
What do the neighbors drive?
Nissan
Toyota
Buick
What do the neighbors listen to?
Christian Adult Contemporary
Adult Hits
Contemporary Inspirational
Frequently asked questions
About 494 S Malton Ct
This home is located at 494 S Malton Ct in Stone Mountain, GA and zip code 30083. This 2,244 square foot home, which was built in 1978, sits on a 0.36 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $334,900.
In February 2025 more than 22 listings in Stone Mountain, GA were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 53 were sold below. The inventory of homes for sale in Stone Mountain, GA between January and February 2025 increased by 11.8%. The median list price of listings available in February 2025 was $295,725, while the average time on the real estate market was 46 days.