5293 Ridge Forest Dr

Stone Mountain, GA 30083

$265,000
Last Sold Price
4
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 5/6/25
Closed 5/6/25
a view of a car parked in front of a building

Description

This two-unit townhouse, strategically located within the city limits, offers an excellent blend of convenience, value, and long term earning potential. Whether you are an experienced real estate investor or someone looking to expand your portfolio with a promising multi-unit residential property, this townhouse represents a prime opportunity to generate consistent rental income and benefit from the area's continued growth. This Turnkey property has just been updated with new roof, HVAC units and...This two-unit townhouse, strategically located within the city limits, offers an excellent blend of convenience, value, and long term earning potential. Whether you are an experienced real estate investor or someone looking to expand your portfolio with a promising multi-unit residential property, this townhouse represents a prime opportunity to generate consistent rental income and benefit from the area's continued growth. This Turnkey property has just been updated with new roof, HVAC units and updated plumbing works in the past 2 years. Each unit features 2 bedrooms, with a full bathroom on the top floor, and a half bath, kitchen, dining and family room on the main floor. The fenced backyard provides for privacy to a wooded lot. Each unit is designed to provide spacious living areas, modern amenities and a long term renters. The two units are currently occupied by long term tenants, and you can keep them or give them notice depending on your strategy.
  1. Listed by OLUGBADE ALLI • Vici Real Estate

Property Details for 5293 Ridge Forest Drive

Subdivision Complex
Ridgemere
Num Of Parking Spaces
4
Parking Features
Driveway
Property Attached
No
Waterfront Features
None
Furnished
Unfurnished
LISTING UPDATED: 05/12/2025 11:31 AM

Property Details for 5293 Ridge Forest Drive

StatusClosed
MLS #7534977
Days on Market27
Taxes$5,296 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1986
Lot Size0.30 AC / 13,068 SF
CountyDeKalb County
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Location

Listing Courtesy of Vici Real Estate, OLUGBADE ALLI

Sold By Vici Real Estate, OLUGBADE ALLI

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Building Information for 5293 Ridge Forest Drive

Stories2Residences2Year Built1986Building Size-Lot Size0.30 AC / 13,068 SF

Payment Calculator

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$1,776 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,334

Property Taxes

$441

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5293 Ridge Forest Drive

Summary
Location and General Information
  • Community Features: None
  • Directions: I-285 TO MEMORIAL DRIVE EXIT. GO OUTSIDE THE PERIMETER. RT ONTO ROCKBRIDGE. LEFT ON RIDGE AVENUE.LEFT ON RIDGE FOREST CIRCLE. LEFT ON RIDGE FOEST DRIVE. PROPERTY ON THE LEFT.
  • Lake Name: None
  • View: City
  • Coordinates: -84.171908, 33.795454
Taxes and HOA Information
  • Parcel Number: 18 037 18 059
  • Tax Year: 2024
  • Association: No
  • Block: U8
  • Tax Legal Description: 56 X 103 X 150 X 48 X 125 . . . . . . . 0.33AC 9-25-90 56 X 103 X 135 X 60 X 104 . . . . . 0.30AC 1-11-91
  • Tax Lot: 5
School Information
  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Stone Mountain
  • High School: Stone Mountain
  • Middle School: Stone Mountain
Parking
  • Open Parking: Yes
Agent
Payment and Rate
  • Concessions Amt: $.00
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Central, Forced Air
  • Basement: None
  • Flooring: Bamboo, Carpet
  • Levels/Stories: Two
  • Window Features: Aluminum Frames, Double Pane Windows, Insulated Windows
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick 3 Sides
  • Dock: None
  • Fencing: Back Yard, Wood, Wrought Iron
  • Roof Type: Shingle
  • Security Features: None
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Phone Available,Sewer Available,Underground Utilities,Water Available
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Property Condition: Resale
  • Possession: Subject To Tenant Rights
Green Features
  • Green Energy Efficient: Construction
  • Green Energy Generation: None
Lot Information
  • Lot Features: Corner Lot, Cul-De-Sac, Level
  • Acreage Source: Public Records
  • Lot Size Dimensions: 103 x 56
Multi Family
Multi-Family Information
  • Unit Count: 2
  • NUM OF UNITS: 2
Income & Expenses Information
  • Gross Annual Income: $24,000.00
  • N.O.I. $: $17,000.00
  • Annual Expenses: $7,000.00
Unit 1
  • Unit Deposit Amount: $580.00
  • Unit Electric Included: No
  • Unit Features: Carpeting, Central Air, Dishwasher, Hardwood Floors, Range/Oven, Refrigerator, Smoke Alarm, Walk-In Closet, Wash/Dry Connect, Washer
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 1
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: No
  • Unit Rent Amount: $1,000.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 2
  • Unit Deposit Amount: $580.00
  • Unit Electric Included: No
  • Unit Features: Carpeting, Central Air, Dishwasher, Hardwood Floors, Range/Oven, Refrigerator, Smoke Alarm, Wash/Dry Connect
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 1
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: No
  • Unit Rent Amount: $1,000.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Rental
Rent Information
  • Terms: Conventional
  • Occupant Types: Tenant

Public Records for 5293 Ridge Forest Drive

Taxable ValueLand$26,000Additions$62,120Total$88,120
Tax Record2025$5,011 ($418 / month)
Home Facts
Baths3Total Finished SqFt2,160 SqFtAbove Grade Finished SqFt2,160 SqFtStories2Lot Size13,068 SqFtStyleDuplexYear Built1986CountyDEKALBAPN18 037 18 059Fireplace TypeHas Fireplace

Schools near 5293 Ridge Forest Drive

This home is within Dekalb County School District.
Rating
School
Type
Grades
Distance
Stone Mountain Elementary School
Public - PK to 5
Stone Mountain Middle School
Public - 6 to 8
Stone Mountain High School
Public - 9 to 12
The Champion Middle Theme School
Public - 6 to 8
Rating
School
Distance
Stone Mountain Elementary School
PublicPK to 5

Stone Mountain Middle School
Public6 to 8

Stone Mountain High School
Public9 to 12

The Champion Middle Theme School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vici Real Estate, OLUGBADE ALLI

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.