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  • $265,000

    5293 Ridge Forest Dr, Stone Mountain, GA 30083

    --beds
    --baths
    --sqft
    Multi Family, Duplex
    Built in 1986
    -- sqft lot
    $305,600 Zestimate®
    $--/sqft
    $1,470 Estimated rent

    Home value

    $305,600

    $278,000 - $336,000

    $1,470/mo

    Zestimate® history
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    $1,559/mo

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    $1,559/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: May 09, 2025 at 01:39pm

    Listed by:

    Olugbade O Alli 6786000379,

    VICI Real Estate

    Bought with:

    Olugbade O Alli, 279095

    VICI Real Estate

    Source: GAMLS,MLS#: 10477229MLS Logo

    Facts & features

    Interior

    Heating
    • Central, Forced Air
    Cooling
    • Central Air
    Features
    • Basement: None
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned, Parking Pad
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Body of water: None
    Lot
    • Size: 0.30 Acres
    Details
    • Parcel number: 18 037 18 059
    • Special conditions: As Is,Investor Owned,No Disclosure

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Materials
    • Brick, Wood Siding
    • Foundation: Slab
    Condition
    • Resale
    • New construction: No
    • Year built: 1986

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Underground Utilities

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Stone Mountain
    • Subdivision: Ridgemere

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/6/2025Sold$265,000+1.9%
    Source: GAMLS #10477229 Report a problem
    4/15/2025Pending sale$260,000
    Source: FMLS GA #7534977 Report a problem
    3/11/2025Listed for sale$260,000+108.8%
    Source: FMLS GA #7534977 Report a problem
    11/19/2001Sold$124,500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$4,918 -5.1%$89,480 -4%
    2022$5,183 +40.6%$93,200 +47.6%
    2021$3,687 +6.4%$63,160 +12.8%

    Find assessor info on the county website

    Neighborhood: 30083

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Stone Mountain
    • Middle: Stone Mountain
    • High: Stone Mountain

    Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value$305,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $305,600