Stone Mountain, GA 30083,5381 Ridgemere CT
Stone Mountain, GA 30083,5381 Ridgemere CT
Stone Mountain, GA 30083,5381 Ridgemere CT
32
$306,500
$325,000
5.7%
Est.Price: ?

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9,147 Sqft Lot

5381 Ridgemere CT Stone Mountain, GA 30083

Est. payment /mo
SOLD DATE : 11/18/2025

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Key Details

Sold Price $306,500

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Ridgemere

MLS Listing ID 10587331

Sold Date 11/18/25

HOA Y/N No

Year Built 1986

Annual Tax Amount $5,953

Tax Year 2024

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 9147.6

Property Sub-Type Multi Family,Duplex

Source Georgia MLS 2

Property Description

Income-producing duplex in Stone Mountain! Each side offers 2 bedrooms and 2 full bathrooms, creating a functional layout that appeals to a wide range of tenants. Operated under a co-living model, this property has generated up to $3,000-$4,000 in monthly income. The duplex is fully furnished and professionally managed, with management available to seamlessly transfer to the new owner, making this a truly turnkey investment opportunity. Both units feature brand-new HVAC systems, and additional square footage provides the potential to create space for another resident, further increasing future returns. Conveniently located near I-285, Hwy 78, Stone Mountain Park, and Stone Mountain Village with shops and restaurants, the property combines strong return potential and long-term growth...an ideal addition to any investor's portfolio

Location

State GA

County Dekalb

Rooms

Basement None

Interior

Heating Central

Cooling Central Air

Fireplaces Number 2

Fireplace Yes

Exterior

Parking Features Off Street

Garage Spaces 4.0

Community Features None

Utilities Available Other

View Y/N No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Faces From Memorial Dr. take Ridge Ave to Ridgemere Ct

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Stone Mountain

Middle Schools Stone Mountain

High Schools Stone Mountain

Others

HOA Fee Include None

Tax ID 18 037 18 106

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Special Listing Condition Resale

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Georgia MLS - GAMLS
Sarah Ramdass
Sarah Ramdass

Realtor | License ID: 420346

+1(706) 362-3145 | sarahramdass@epique.me

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