5342 Ridgemere Ct Stone Mountain, GA 30083
Estimated payment $2,203/month
Highlights
- Private Lot
- Cul-De-Sac
- Forced Air Heating and Cooling System
- No HOA
- Park
About This Home
Investor opportunity in Stone Mountain! 5342 Ridgemere features a duplex with two 2-bedroom, 1.5-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. 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: 04/28/2026
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
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
| 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
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/28/2026 04/28/26 | For Sale | $315,000 | 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
| 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 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $123,200 | New Conventional | |
| Previous Owner | $116,480 | New Conventional |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7760153
APN: 18-037-18-116
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please visit www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
- 5328 Ridge Forest Dr
- 5354 Cherry Wood Dr
- 5374 Cherry Wood Dr
- 5370 Ridge Forest Dr
- 730 Rockborough Dr
- 709 Ridge Ave
- 5309 Stonebush Terrace
- 505 Rockborough Terrace Unit 5
- 5447 Pepperwood Ct
- 512 Rockborough Terrace
- 700 Pepperwood Trail
- 5315 Rockborough Trail
- 500 Carillon Ct
- 5468 Pepperwood Ct
- 5398 Rockbridge Rd
- 5473 Redwood Dr
- 5390 Rockbridge Rd
- 5382 Rockbridge Rd
- 629 Woodsong Ln
- 5350 Rockbridge Rd
- 5280 Ridge Forest Dr
- 5290 Stonebush Terrace
- 613 Renota Ct
- 625 El Prado Ct
- 724 Pepperwood Ln
- 5509 Stonehaven Way
- 779 Pepperwood Trail
- 524 San Marcos Way
- 799 Pine Roc Dr
- 601 Catrina Ct
- 5734 Rockbridge Rd
- 837 Parkstone Dr
- 5308 Omalley Ln
- 293 Shelton Woods Ct
- 5159 W Mountain St
- 524 Julius Dr
- 1047 Ridge Ave
- 5177 Poplar Springs Rd
- 469 Sherwood Greens
- 5702 Wells Cir
Ask me questions while you tour the home.