5342 Ridgemere Ct Stone Mountain, GA 30083
Stone Mountain AreaEstimated payment $2,191/month
Highlights
- Very Popular Property
- No HOA
- Park
- Private Lot
- Cul-De-Sac
- Forced Air Heating and Cooling System
About This Home
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.
Listing Agent
Cornerstone Real Estate Partners, LLC Brokerage Phone: 757-646-6860 License #395599 Listed on: 08/19/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,400
Year Built
- Built in 1986
Lot Details
- 14,810 Sq Ft Lot
- Lot Dimensions are 132 x 85
- Cul-De-Sac
- Private Lot
Home Design
- Duplex
- Brick Exterior Construction
- Composition Roof
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- Varies By Unit
- Driveway Level
Schools
- Stone Mountain Elementary And Middle School
- Stone Mountain High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 18 037 18 116
Community Details
Overview
- No Home Owners Association
- 2 Units
- Ridgemere Subdivision
Recreation
- Park
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,400 | $108,480 | $26,000 | $82,480 |
| 2024 | $6,107 | $104,800 | $26,000 | $78,800 |
| 2023 | $6,107 | $98,200 | $26,000 | $72,200 |
| 2022 | $5,231 | $89,040 | $12,800 | $76,240 |
| 2021 | $4,106 | $66,040 | $12,800 | $53,240 |
| 2020 | $4,004 | $60,880 | $12,800 | $48,080 |
| 2019 | $3,325 | $48,080 | $12,800 | $35,280 |
| 2018 | $1,052 | $40,640 | $8,480 | $32,160 |
| 2017 | $2,446 | $33,840 | $8,480 | $25,360 |
| 2016 | $1,668 | $24,000 | $6,800 | $17,200 |
| 2014 | $1,300 | $14,560 | $8,480 | $6,080 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/19/2026 08/19/26 | For Sale | $299,000 | 0.0% | -- | |
| 02/26/2016 02/26/16 | Rented | $695 | 0.0% | -- | |
| 01/27/2016 01/27/16 | Under Contract | -- | -- | -- | |
| 11/18/2015 11/18/15 | For Rent | $695 | 0.0% | -- | |
| 11/06/2015 11/06/15 | Sold | $60,000 | -24.9% | $25 / Sq Ft | View Prior Sale |
| 10/12/2015 10/12/15 | Pending | -- | -- | -- | |
| 09/04/2015 09/04/15 | For Sale | $79,900 | +128.9% | $33 / Sq Ft | |
| 05/25/2012 05/25/12 | Sold | $34,900 | 0.0% | $15 / Sq Ft | View Prior Sale |
| 05/04/2012 05/04/12 | Pending | -- | -- | -- | |
| 03/27/2012 03/27/12 | For Sale | $34,900 | -- | $15 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $266,000 | -- | |
| Warranty Deed | $34,900 | -- | |
| Foreclosure Deed | $105,023 | -- | |
| Deed | $154,000 | -- | |
| Deed | $145,600 | -- |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7823783
APN: 18-037-18-116
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