Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5309 Stonebush Terrace Stone Mountain, GA 30083

    View on Map
    Pending
    $339,000

    MULTI_FAMILY - Stone Mountain, GA

    Lot size:
    0.21 Acres
    Added:
    Feb 6, 2026
    Days on Market:
    54
    Last Refresh:
    Apr 1 at 2:06 am

    Property Features for 5309 Stonebush Terrace

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Driveway
    Fencing
    Fenced
    Standard status
    Pending
    APN
    18 037 12 024
    Lot size
    0.21 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    6602

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1985
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile - Ceramic, Vinyl, Carpet
    Building materials
    Brick
    Roof type
    Composition, Shingle

    We can help!

    Listing Contact
    Dietre Ffrench

    Listing agent Dietre Ffrench License #248217

    Listing office Atlanta Fine Homes Sotheby's International 3290 Northside Pkwy Ste 200, Atlanta, GA

    Listing date Feb 6, 2026

    MLS# 7715748

    Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Stone Mountain Brick Duplex Opportunity

    This brick duplex features two 2-bedroom, 2.5-bath townhome-style units. Located on a quiet, no-through street, the property provides a peaceful residential environment with convenient access to downtown Stone Mountain, major highways, shopping, and everyday conveniences. Each unit includes a small yard area, designated driveway parking, and exterior storage. Interiors feature fireplaces and generous closet space. The layouts are designed for comfortable living. One unit has granite countertops with painted and updated kitchen cabinetry. Both units offer a mix of vinyl and carpet flooring. The building will be delivered with both units move-in ready, making this an option for investors seeking income or owner-occupants looking to live in one side and lease the other. The property is situated on a 0.21-acre lot in Dekalb County, GA. The property is located in Stone Mountain, GA 30083.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stone Mountain
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.171746
    Latitude
    33.79164

    Nearby Similar for Sale

    • $2,250,000
      10,000 SF

      Stone Mountain Retail Space Available

      Retail space with loading dock in a high-traffic location.
      4964 Redan Road, Stone Mountain, GA 30088
      View Details
    • $320,000

      Stone Mountain Multifamily Investment Opportunity

      Turnkey co-living property near Atlanta with immediate cash flow.
      5432 Windfern Court, Stone Mountain, GA 30088
      View Details
    • $320,000

      Stone Mountain Turnkey Investment Opportunity

      Fully operational co-living property near Atlanta with immediate cash flow.
      5432 Windfern Court, Stone Mountain, GA 30088
      View Details
    • $449,000

      Historic Stone Mountain Village Triplex

      Rare triplex near Stone Mountain Park and Main Street.
      5502 E Mountain Street, Stone Mountain, GA 30083
      View Details
    • $449,000

      Historic Stone Mountain Village Triplex

      Rare triplex near Stone Mountain Park and Main Street.
      5502 E Mountain Street, Stone Mountain, GA 30083
      View Details
    • $2,250,000
      10,000 SF

      Stone Mountain Retail Space Available

      Retail space with loading dock in a high-traffic location.
      4964 Redan Road, Stone Mountain, GA 30088
      View Details
    • $700,000
      5,600 SF

      Vacant Building on Memorial Drive

      5,600 SF vacant building on 0.48 AC lot.
      6287 Memorial Drive, Stone Mountain, GA 30083
      View Details
    • $930,000
      1,846 SF

      Prime Medical Office Opportunity

      Established medical office with apartment in Stone Mountain, GA.
      2256 ROCKBRIDGE Road, Stone Mountain, GA 30087
      View Details
    • $379,900

      Renovated Income-Generating Property in Stone Mountain

      Tenant-occupied, renovated 3 bed, 2 bath home in high-demand community.
      353 Old Rosser Road, Stone Mountain, GA 30087
      View Details
    • $379,900

      Renovated Income-Generating Home

      Tenant-occupied, renovated 3 bed, 2 bath home in Stone Mountain.
      353 Old Rosser Road, Stone Mountain, GA 30087
      View Details
    • $5,300,000
      51,738 SF

      Stone Mountain Industrial Office/Warehouse

      51,738 SF industrial office/warehouse in Stone Mountain, GA.
      5530 E Ponce De Leon Ave, Stone Mountain, GA 30083
      View Details
    • $31,128
      19,660 SF

      Stone Mountain Education Building Space

      Adaptable spaces for educational and community needs in Stone Mountain.
      6015 Old Stone Mountain Road, Stone Mountain, GA 30087
      View Details

    FAQs

    What type of property is this?
    Duplex - Move-in ready duplex with income potential in Stone Mountain.
    Where is this duplex located?
    The property is located at 5309 Stonebush Terrace Stone Mountain, GA.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: Move‑in ready brick duplex, perfect for investors or owner‑occupants.; Each unit features 2 bedrooms, 2.5 baths, a private yard, designated driveway parking, and exterior storage.; Located on a quiet, no‑through street with easy access to downtown Stone Mountain, highways, shopping, and conveniences.
    (404) 237-5000
    We can help!
    Listing Contact
    Dietre Ffrench
    Real Estate License ID: 248217
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!