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
Closed
$306,500
5381 Ridgemere Ct, Stone Mountain, GA 30083
--beds
--baths
--sqft
Multi Family, Duplex
Built in 1986
-- sqft lot
$-- Zestimate®
$--/sqft
$1,344 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,344/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 19, 2025 at 06:14am
Listed by:
Sara Cowley 404-372-6862,
Keller Knapp, Inc
Bought with:
Derek Leman, 376595
3 Options Realty, LLC
Source: GAMLS,MLS#: 10587331
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Features
- Basement: None
- Number of fireplaces: 2
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Body of water: None
Lot
- Size: 9,147 sqft
Details
- Parcel number: 18 037 18 106
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Brick
Condition
- Resale
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
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 Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Sold | $306,500-5.7% |
Source:  GAMLS #10587331 Report a problem | ||
| 11/6/2025 | Pending sale | $325,000 |
Source: GAMLS #10587331 Report a problem | ||
| 10/21/2025 | Price change | $325,000-3% |
Source: GAMLS #10587331 Report a problem | ||
| 8/19/2025 | Listed for sale | $335,000-1.5% |
Source:  FMLS GA #7635134 Report a problem | ||
| 11/8/2023 | Listing removed | $340,000 |
Source: FMLS GA #7280817 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,284 +5.5% | $112,240 +4% |
| 2024 | $5,953 +9.5% | $107,920 +8.4% |
| 2023 | $5,439 +0.5% | $99,600 +2% |
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: 3.6 mi
- 2/10Stone Mountain High SchoolGrades: 9-12Distance: 2.2 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.