$295,000 $1,584 est/mo Sourced by Back At You
5342 Ridgemere Court,Stone Mountain, GA 30083
Stone Mountain, GA 30083
Description
Investor opportunity in Stone Mountain with a brand new roof! 5342 Ridgemere features a duplex with two 2-bedroom, 1-bath units, offering functional layouts for strong rental demand. One unit is currently vacant, providing immediate upside for an investor to lease at market rent, while the other unit offers in-place income with Section-8 rent, guaranteed income! The vacant unit also creates a great opportunity for an owner-occupant to move in while offsetting expenses with rental income. With strong demand and convenient access to major highways, shopping, and everyday amenities, this property is a solid addition to any rental portfolio. Showings available during due diligence.
Details
| MLS # | 10829294 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1986 |
| Days On Site | 48 |
| Listing Provided By | Cornerstone Real Estate Partners | Anthony Fontana |
Features
| Story(s) | 2 |
|---|---|
| Units | 2 |
| Acreage | 0.34 |
Interior
| Cooling | Central Air |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Central, Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Off Street |
Utilities
| Utilities | Other |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 6400 |
|---|---|
| Tax Year | 2025 |
Location
| Community Features | Park, Street Lights |
|---|
Area Information
| State | GA |
|---|---|
| County | DeKalb |
| City | Stone Mountain |
| Zip Code | 30083 |
| Area | DeKalb |
| Community Name | Ridgemere |
| School District | Stone Mountain |
| Elementary School | Stone Mountain |
| High School | Stone Mountain |
| Listing VS Median (in Ridgemere) | |
Price: $295,000 low | high Med: $1,300 On site: 48 low | high Med: 6 | |
Market Activity 30083
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Learn More About This Property
| State | GA |
|---|---|
| County | DeKalb |
| City | Stone Mountain |
| Zip Code | 30083 |
| Area | DeKalb |
| Community Name | Ridgemere |
| School District | Stone Mountain |
| Elementary School | Stone Mountain |
| High School | Stone Mountain |
| Listing VS Median (in Ridgemere) | |
Price: $295,000 low | high Med: $1,300 On site: 48 low | high Med: 6 | |
Nearby Listings (Within 1/10 mile)
Price: $221K - $368K
sqft: 0 - 0
Listing Updated: October 6, 2026 at 1:06:51 PM PDT