Cash-Cow Opportunity! This investment property has 3 Bedrooms, 2.5 bath in each side and 3 sides brick! Steady rental income: $19,200 annually in this well-maintained duplex with over 10% cap rate! Both sides being rented, one with section 8. Very easy to manage, and owner can provide property management recommendation if needed. Each 2-story unit has a spacious family room w/fireplace, separate dinning room, cozy kitchen, powder room on main level, spacious bedrooms & private fenced backyard.
Multi-familyProperty Type
1986Year Built
0.33 acresLot Size
2 spacesParking
Listed by Zheng Lee• Best Realty Specialists, Inc.
Bought with Janet Cork• Chapman Hall Professionals
Source:FMLS #5825648
Redfin Estimate
$344,672
$215K since sold in June 2017$4,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 13.2% higher than the average sale price ($304K) of 6 comparable homes.
PREFORECLOSURE! SOLID CASH FLOW AS THESE UNITS LAST RENTED EACH FOR $750/MONTH.
FMLS #4303288
Mar 16, 2012
Listing Removed
—
Feb 28, 2012
Sold
$36,000
Feb 11, 2012
Pending
—
Dec 9, 2011
Listed
$30,000
Public Records
Oct 25, 2005
Sold
$155,000
Public Records
Jun 13, 2002
Sold
$140,000
Public Records
Sep 25, 1998
Sold
$127,500
Public Records
Aug 1, 1987
Sold
$127,500
Public Records
Oct 1, 1986
Sold
$90,000
Year
Property tax
Land + Additions
Assessment*
2025
$5,490 (−11.9%)
$26,000 + $81,320
$107,320
2024
$6,231 (+6.4%)
$26,000 + $81,320
$107,320
2023
$5,856 (−1.5%)
$26,000 + $81,200
$107,200
2022
$5,944 (+30.5%)
$12,800 + $89,880
$102,680
2021
$4,554 (+10.6%)
$12,800 + $61,640
$74,440
2020
$4,117 (+21.1%)
$12,800 + $61,640
$74,440
2019
$3,400 (+10.3%)
$12,800 + $36,600
$49,400
2018
$3,084 (+28.3%)
$8,480 + $36,200
$44,680
2017
$2,404 (−0.6%)
$8,480 + $36,200
$44,680
2016
$2,419 (+80.5%)
$8,611 + $24,509
$33,120
2014
$1,340 (−5.0%)
$8,480 + $24,640
$33,120
2013
$1,411 (−51.6%)
$8,012 + $6,360
$14,372
2012
$2,917 (+26.3%)
$8,560 + $33,600
$42,160
2011
$2,310 (−13.5%)
$6,000 + $30,480
$36,480
2010
$2,670 (−24.2%)
$10,000 + $38,200
$48,200
2008
$3,525
Tax history for 5355 Ridgemere Ct
Year
Property tax
Land + Additions
Assessment*
2025
$5,490 (−11.9%)
$26,000 + $81,320
$107,320
2024
$6,231 (+6.4%)
$26,000 + $81,320
$107,320
2023
$5,856 (−1.5%)
$26,000 + $81,200
$107,200
2022
$5,944 (+30.5%)
$12,800 + $89,880
$102,680
2021
$4,554 (+10.6%)
$12,800 + $61,640
$74,440
2020
$4,117 (+21.1%)
$12,800 + $61,640
$74,440
2019
$3,400 (+10.3%)
$12,800 + $36,600
$49,400
2018
$3,084 (+28.3%)
$8,480 + $36,200
$44,680
2017
$2,404 (−0.6%)
$8,480 + $36,200
$44,680
2016
$2,419 (+80.5%)
$8,611 + $24,509
$33,120
2014
$1,340 (−5.0%)
$8,480 + $24,640
$33,120
2013
$1,411 (−51.6%)
$8,012 + $6,360
$14,372
2012
$2,917 (+26.3%)
$8,560 + $33,600
$42,160
2011
$2,310 (−13.5%)
$6,000 + $30,480
$36,480
2010
$2,670 (−24.2%)
$10,000 + $38,200
$48,200
2008
$3,525
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
9,148 Sq. Ft.
Year renovated
1998
Sq. Ft.
2,632
Year built
1987
Style
Multi-Family (2-4 Unit)
County
DeKalb County
APN
18 037 18 111
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
R-1
Single-Family Residential District
This district hereafter referred to as R-1 is created to establish a plan implementation zone that: Recognizes the existence of previously established low density residential districts in communities; Encourages clustering of development and provision of location, environmental and development amenities; Provides for low density residential development in cul-de-sac neighborhoods, community areas and the urban area; and Enhances the community's character through the promotion of high quality design; Uses are limited to single-family dwellings served by public sewers, some residentially related institutions, to certain incidental uses intended primarily to provide service to a dwelling or a residential neighborhood.
Permitted uses
Include but are not limited to:
Housing-Single unit
Infrastructure
Educational/school
Recreation
Park & open space
Property details
Parking
Parking Information
# of Total Parking: 2
Parking Features: Varies by Unit
Interior
Multi-Family Information
# Of Units Total: 2
Exterior
Property Information
Construction Materials: Other
Roof: Composition
Fencing: Fenced
Property Condition: Resale
Financial
Financial Information
Buyer Financing: Conventional
Utilities
Utility Information
Heating: Natural Gas
Water Source: Public
Sewer: Public Sewer
Location
School Information
Elementary School: Stone Mountain
Middle Or Junior School: Stone Mountain
High School: Stone Mountain
Location Information
Directions: I-285 to Memorial Dr, exit east/north. Take right on Rockbridge Rd, left on Ridge Ave, right on Ridge Forest Cir, left on Ridge forest Drl, then right on Ridgemere Ct.
Dekalb - GA
Public facts
Beds: 6
Baths: 4.0
Sq. Ft.: 2,632
Stories: 2.0
Lot Size: 9,148 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1987
Year Renovated: 1998
County: DeKalb County
APN: 18 037 18 111
Home facts updated by county records on Sep 14, 2026
Around this home
Schools
Stone Mountain Elementary School
Public PreK-5 • Assigned • 1.3mi
4/10
Stone Mountain Middle School
Public 6-8 • Assigned • 3.5mi
4/10
Stone Mountain High School
Public 9-12 • Assigned • 2.1mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
DeKalb County offers diverse lifestyles, from established communities like Decatur and Avondale Estates to suburban neighborhoods throughout North and East DeKalb. Known for its culture, dining, green spaces, and MARTA access, DeKalb attracts buyers...