5342 Ridgemere Court

Pending

Contract Signed

$295,000

4 beds2 baths

5342 Ridgemere Ct, Stone Mountain, GA 30083

Est: $2,108/moGet pre-approved

Multi FamilyProperty Type

0.34 acresLot Size

1986Year Built

2 carsParking Spaces

Description

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...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.

48 days on Market

Listed by: Anthony Fontana • Cornerstone Real Estate Partners, LLC 757-646-6860

Last updated: 10/06/2026 01:44 PM • Source: FMLS, MLS#: 7823783

Location

Listing Courtesy of Cornerstone Real Estate Partners, LLC, Anthony Fontana

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$2,108 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,575

Property Taxes

$533

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 5342 Ridgemere Court

Property Details

Taxes: $6,400 / year
MLS Type: Residential Income / Duplex
County: DeKalb County
Subdivision Complex: Ridgemere
Parking Features: Driveway, Level Driveway, Varies by Unit
Property Attached: No
Waterfront Features: None

Building Information

Stories: 2
Residences: 2
Year Built: 1986
Lot Size: 0.34 AC / 14,810 SF

Summary

Location and General Information

Community Features: Park, Street Lights, Other
Directions: GPS Friendly

Lake Name: None
View: Other
Coordinates: -84.17087, 33.794837

Taxes and HOA Information

Parcel Number: 18 037 18 116
Tax Year: 2025

Association: No
Tax Legal Description: x

School Information

Elementary School: Stone Mountain
High School: Stone Mountain

Middle School: Stone Mountain

Virtual Tour

Virtual Tour Link PP: https://www.propertypanorama.com/5342-Ridgemere-Court-Stone-Mountain-GA-30083/unbranded

Parking

Open Parking: Yes

Interior and Exterior Features

Interior Features

Cooling: Central Air
Heating: Central, Forced Air, Natural Gas

Basement: None
Levels/Stories: Two
Window Features: None
Bathrooms Total Interger: 0

Exterior Features

Accessibility Features: None
Construction Materials: Brick

Fencing: None
Roof Type: Composition
Security Features: None
Pool Private: No

Property

Utilities

Sewer: Public Sewer
Utilities: Electricity Available,Natural Gas Available,Sewer Available,Water Available

Water Source: Public

Property and Assessments

Home Warranty: No
Property Condition: Resale

Possession: Close Of Escrow

Green Features

Green Energy Efficient: None
Green Energy Generation: None

Lot Information

Lot Features: Cul-De-Sac, Private
Acreage Source: Public Records

Lot Size Dimensions: 132 x 85

Multi Family

Multi-Family Information

Unit Count: 2
NUM OF UNITS: 2

Unit 1

Unit Deposit Amount: $865.00
Unit Electric Included: No

Unit Features: Central Air
Unit Garbage Included: No
Unit Gas Included: No
Unit Half Baths: 0
Unit Maintenance Included: Yes
Unit Occupant: Avail 3-6 Months
Unit Water Included: No
Unit Rent Amount: $1,100.00
Unit Full Baths: 1
Unit Bedrooms: 2

Unit 2

Unit Deposit Amount: $1,350.00
Unit Electric Included: No

Unit Features: Central Air
Unit Garbage Included: No
Unit Gas Included: No
Unit Half Baths: 0
Unit Maintenance Included: Yes
Unit Occupant: Vacant
Unit Water Included: No
Unit Rent Amount: $1,350.00
Unit Full Baths: 1
Unit Bedrooms: 2

Rental

Rent Information

Occupant Types: Tenant

Property History for 5342 Ridgemere Court

Date	Event & Source	Price	Appreciation
May 5, 2022	Sold (Public Record) Public Record #1490581532	$266,000	+25.8% / yr
Nov 6, 2015	Sold (Public Record) Public Record #560212575	$60,000	+16.8% / yr
May 10, 2012	Sold (Public Record) Public Record #338813841	$34,900	-25.0% / yr
Mar 13, 2007	Sold (Public Record) Public Record #222236251	$154,000	+3.2% / yr
Jun 2, 2005	Sold (Public Record) Public Record #308232274	$145,600	—

Date	Event & Source	Price
05/05/2022	Sold (Public Record) Public Record #1490581532	$266,000 +25.8% / yr
11/06/2015	Sold (Public Record) Public Record #560212575	$60,000 +16.8% / yr
05/10/2012	Sold (Public Record) Public Record #338813841	$34,900 -25.0% / yr
03/13/2007	Sold (Public Record) Public Record #222236251	$154,000 +3.2% / yr
06/02/2005	Sold (Public Record) Public Record #308232274	$145,600

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5342 Ridgemere Court

Taxable Value

Land

$26,000

Additions

$82,480

Total$108,480

Tax Record

2025

$6,400 ($533 / month)

Home Facts

Baths

Total Finished SqFt

2,400 SqFt

Above Grade Finished SqFt

2,400 SqFt

Stories

Lot Size

14,810 SqFt

Style

Duplex

Year Built

1986

Year Renovated

1998

County

DEKALB

APN

18-037-18-116

Schools near 5342 Ridgemere Court

This home is within Dekalb County School District.


Rating	School	Type	Grades	Distance
4/10	Stone Mountain Elementary School	Public - Serves this home	PK to 5	1.3 mi
4/10	Stone Mountain Middle School	Public - Serves this home	6 to 8	3.5 mi
2/10	Stone Mountain High School	Public - Serves this home	9 to 12	2.1 mi
5/10	The Champion Middle Theme School	Public - Choice school	6 to 8	0.7 mi
NR	East Dekalb Special Education Center	Public - Nearby school	PK to 12	1.6 mi
NR	Dekalb Alternative School	Public - Choice school	3 to 12	1.6 mi
NR	Gables Academy	Private - Nearby school	7 to 12	0.7 mi


Rating	School	Distance
4/10	Stone Mountain Elementary School PublicPK to 5 Serves this home	1.3 mi
4/10	Stone Mountain Middle School Public6 to 8 Serves this home	3.5 mi
2/10	Stone Mountain High School Public9 to 12 Serves this home	2.1 mi
5/10	The Champion Middle Theme School Public6 to 8 Choice school	0.7 mi
NR	East Dekalb Special Education Center PublicPK to 12 Nearby school	1.6 mi
NR	Dekalb Alternative School Public3 to 12 Choice school	1.6 mi
NR	Gables Academy Private7 to 12 Nearby school	0.7 mi

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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.