New ListingInvestor 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.
| MLS # | 7823783 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1986 |
| Days On Site | 5 |
| Listing Provided By | Cornerstone Real Estate Partners, LLC | Anthony Fontana |
| Story(s) | 2 |
|---|---|
| Units | 2 |
| Acreage | 0.34 |
| Water Front | Yes |
| Property View | Other |
| Cooling | Central Air |
|---|---|
| Heating | Central, Forced Air, Natural Gas |
| Window Features | None |
| Accessibility Features | None |
|---|---|
| Lot Features | Cul-De-Sac, Private |
| Construction Materials | Brick |
| Roof | Composition |
| Fencing | None |
| Waterfront Features | None |
| Security Features | None |
| Parking Features | Driveway, Level Driveway, Varies by Unit |
|---|---|
| Open Parking Yes / No | Yes |
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| Tax Annual Amount | 6400 |
|---|---|
| Tax Legal Description | x |
| Tax Parcel Letter | 18-037-18-116 |
| Tax Year | 2025 |
| Community Features | Park, Street Lights, Other |
|---|
| State | GA |
|---|---|
| County | Dekalb GA |
| City | Stone Mountain |
| Zip Code | 30083 |
| Area | Dekalb GA |
| Community Name | Ridgemere |
| School District | Stone Mountain |
| Elementary School | Stone Mountain |
| High School | Stone Mountain |
| Listing VS Median (in Ridgemere) | |
Price: $299,000 low | high Med: $0 On site: 5 low | high Med: | |
| State | GA |
|---|---|
| County | Dekalb GA |
| City | Stone Mountain |
| Zip Code | 30083 |
| Area | Dekalb GA |
| Community Name | Ridgemere |
| School District | Stone Mountain |
| Elementary School | Stone Mountain |
| High School | Stone Mountain |
| Listing VS Median (in Ridgemere) | |
Price: $299,000 low | high Med: $0 On site: 5 low | high Med: | |