Closed
$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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Owner options
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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#: 10477229
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
| Date | Event | Price |
|---|---|---|
| 5/6/2025 | Sold | $265,000+1.9% |
Source: | ||
| 4/15/2025 | Pending sale | $260,000 |
Source: | ||
| 3/11/2025 | Listed for sale | $260,000+108.8% |
Source: | ||
| 11/19/2001 | Sold | $124,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
- 3/10Stone Mountain Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 5/10Stone Mountain Middle SchoolGrades: 6-8Distance: 3.4 mi
- 2/10Stone Mountain High SchoolGrades: 9-12Distance: 2 mi
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

