Carlee Hutton

Real Estate Advisor | License ID: 415018

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$ 306,500

$ 325,000 5.7%

Est. payment -/mo

Sold on 11/18/2025

5381 Ridgemere CT Stone Mountain, GA 30083

9,147 Sqft Lot

UPDATED:

Key Details

Sold Price $306,500

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Ridgemere

MLS Listing ID 7635134

Year Built 1986

Annual Tax Amount $5,953

Tax Year 2024

Lot Size 9,147 Sqft

Property Sub-Type Duplex

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

Area Ridgemere

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Luxury Vinyl

Exterior

Parking Features Driveway

Fence None

Community Features None

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View Neighborhood

Roof Type Composition

Building

Lot Description Level

Story One

Sewer Public Sewer

Water Public

Structure Type Brick 4 Sides

Schools

Elementary Schools Stone Mountain

Middle Schools Stone Mountain

High Schools Stone Mountain

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Listed by Keller Knapp
Bought with 3 Options Realty, LLC.

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Carlee Hutton

Real Estate Advisor | License ID: 415018

+1(770) 378-6693

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5381 Ridgemere CT Stone Mountain, GA 30083

Key Details

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Interior

Exterior

Building

Schools

Others

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