Active

Price cut: $4K (9/16)

$295,000

5342 Ridgemere Ct, Stone Mountain, GA 30083

--beds

--baths

--sqft

$2,179/mo

Get pre-qualified

Multi Family, Duplex

Built in 1986

-- sqft lot

$287,400 Zestimate^®

$--/sqft

$-- HOA

What's special

Functional layoutsBrand new roof

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.

38 days
710
78

Facts & features

Interior

Heating

Central, Forced Air, Natural Gas

Cooling

Central Air

Features

Basement: None
Has fireplace: No

Property

Parking

Total spaces: 2
Parking features: Off Street

Features

Levels: Two
Stories: 2
Body of water: None

Lot

Size: 0.34 Acres

Details

Parcel number: 18 037 18 116

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 & HOA

Community

Features: Park, Street Lights
Subdivision: Ridgemere

HOA

Has HOA: No
Services included: None

Location

Region: Stone Mountain

Financial & listing details

Tax assessed value: $271,200
Annual tax amount: $6,400
Date on market: 8/19/2026
Cumulative days on market: 38 days
Listing agreement: Exclusive Right To Sell

Estimated market value

$287,400

$273,000 - $302,000

$1,741/mo

Price history

Date	Event	Price
9/16/2026	Price change	$295,000-1.3%
Source: GAMLS #10829294 Report a problem
8/19/2026	Listed for sale	$299,000-3.2%
Source: FMLS GA #7823783 Report a problem
8/1/2026	Listing removed	$309,000
Source: GAMLS #10742385 Report a problem
7/16/2026	Price change	$309,000-1.9%
Source: FMLS GA #7760153 Report a problem
6/26/2026	Listed for sale	$315,000
Source: GAMLS #10742385 Report a problem
5/14/2026	Pending sale	$315,000
Source: GAMLS #10742385 Report a problem
4/28/2026	Listed for sale	$315,000+18.4%
Source: FMLS GA #7760153 Report a problem
5/10/2022	Sold	$266,000+343.3%
Source: Public Record Report a problem
1/16/2016	Listing removed	$675
Source: MY RENT SOURCE LLC #07553782 Report a problem
12/23/2015	Price change	$675-2.9%
Source: MY RENT SOURCE LLC #07553782 Report a problem
11/19/2015	Listed for rent	$695
Source: MY RENT SOURCE LLC #07553782 Report a problem
11/6/2015	Sold	$60,000-14.2%
Source: FMLS GA #5592057 Report a problem
10/9/2015	Price change	$69,900-12.5%
Source: Keller Williams - Atlanta - Midtown #5592057 Report a problem
9/4/2015	Listed for sale	$79,900-0.1%
Source: KELLER WMS RE ATL MIDTOWN #5592057 Report a problem
1/1/2015	Listing removed	$80,000
Source: Prestige Brokers Group, LLC #5333039 Report a problem
8/29/2014	Price change	$80,000-99%
Source: Prestige Brokers Group, LLC #5333039 Report a problem
8/19/2014	Listed for sale	$8,000,000+22822.6%
Source: Prestige Brokers Group, LLC #5333039 Report a problem
5/10/2012	Sold	$34,900
Source: Public Record Report a problem
4/10/2012	Listed for sale	$34,900-66.8%
Source: Coldwell Banker Residential Brokerage - Marietta/West Cobb #5005330 Report a problem
1/6/2012	Sold	$105,023-31.8%
Source: Public Record Report a problem
3/27/2007	Sold	$154,000+5.8%
Source: Public Record Report a problem
6/15/2005	Sold	$145,600
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,400 +4.8%	$108,480 +3.5%
2024	$6,107 +8.4%	$104,800 +6.7%
2023	$5,632 +7.7%	$98,200 +10.3%
2022	$5,231 +27.4%	$89,040 +34.8%
2021	$4,106 +2.5%	$66,040 +8.5%
2020	$4,004 +20.4%	$60,880 +26.6%
2019	$3,325 +16.8%	$48,080 +18.3%
2018	$2,847 +16.4%	$40,640 +20.1%
2017	$2,446 +46.7%	$33,840 +41%
2016	$1,668	$24,000 +64.8%
2014	$1,668	$14,560 +4.5%
2013	--	$13,928 -63%
2012	--	$37,680 +15.6%
2011	--	$32,592 -25.2%
2010	$2,455 -11.8%	$43,600 -13.9%
2009	$2,784 -12.8%	$50,640 -15.2%
2008	$3,194 -0.9%	$59,720
2007	$3,223	$59,720
2006	$3,223 +7.2%	$59,720 +3.1%
2005	$3,006 +15.8%	$57,920 +19.6%
2004	$2,596 +0.2%	$48,440
2003	$2,592 -0.5%	$48,440
2002	$2,605 +62.1%	$48,440 +7.5%
2001	$1,607	$45,040