Brick Ranch
New
For Sale
$299,000
5272 Ridge Forest Drive, Stone Mountain, GA 30083
Market-rate tenants occupy both residences, providing an established rental base.
Property Size1,986 SF
Days on Market4
Property Features for 5272 Ridge Forest Drive
General Information
Standard status
Active
Size
1,986 SF
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
2
Amenities
0.17 acres
Public Sewer
Parcel Number: 18 037 18 138, Annual Amount: $6,587, Tax Block: 2, Lot: 6, Year: 2025
Central Air
Central
In Unit
Listing ID: 10874870, Standard Status: Active, MLS Status: New, On market as of 2026-10-18, 2 days on market, Special Conditions: As Is, Investor Owned
2 total parking spaces, Carport
Elementary School: Stone Mountain, Middle School: Stone Mountain, High School: Stone Mountain
Built in 1986, Levels: One, Construction Materials: Brick
Subdivision: RIDGEMERE PH 02, County/Parish: DeKalb
Resale, Updated/Remodeled
Sidewalks, Street Lights, Walk To Public Transit, Walk To Schools, Walk To Shopping
Underground Utilities, Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters, Water Source: Public
Slab
Close Of Escrow
Energy Efficiency: Windows, Roof, Energy Generation: Wind
Association Fee: $0, Fee Includes: None
Building Details
Building Size
1,986 SF
Year Built
1986
Construction
brick ranch
Listing Agency:
Virtual Properties Realty.com
(770) 495-5050
Listed By:
Desmond Levy · License #326253
(914) 720-9516
Source:
Blackstreaminternational
Added: Oct 18
Changed: Oct 21
Last Checked: Oct 21 at 2:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Virtual Properties Realty.com
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Investment Insights
Based on property information with market context.
This brick ranch duplex was built in 1986 and contains 4 bedrooms and 4 bathrooms. Each bedroom has its own bathroom, and the layout is described as roommate-style. A private backyard adds outdoor space to the property.
Both units are occupied by market-rate tenants, providing rental income from the existing tenancy.
Both units are occupied by market-rate tenants, providing rental income from the existing tenancy.
Key Highlights
- Brick ranch duplex built in 1986
- 4 bedrooms and 4 bathrooms
- Each bedroom has a private bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,680
Cap Rate
8.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,600
$533.6K
Cap Rate 7%
$381,143
$381.1K
Cap Rate 9%
$296,444
$296.4K
Market Conditions
NOI Build-Up for 1,986 SF
Gross rent
$51.7K $26.04/SF
− Vacancy
−$3.2K −$1.61/SF
EGI
$48.5K $24.43/SF
− OpEx
−$21.8K −$10.99/SF
NOI
$26.7K $13.43/SF
Area
DeKalb County, GA
Vacancy
6.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,600
Cap Rate 7%
$381,143
Cap Rate 9%
$296,444
Alternative Uses
Best Use
Multifamily LT 5
$412.2K
$360.7K – $480.9K
NOI $28,856 @ 7.0% cap · market cap 9.65%
Second Best
Apartment 5plus
$381.1K
$333.5K – $444.7K
NOI $26,680 @ 7.0% cap · market cap 8.92%
Theoretical Best
Office A
$555.2K
$485.8K – $647.7K
NOI $38,861 @ 7.0% cap · market cap 13.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
Explore this area
Business Placement
Demographics for 30083, GA
58,064
Population
24,282
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
85%
High-School Grad
17.9 sq mi
ZIP Area
3,244
Density / Sq Mi
$54,162
Median Household Income
$33,586
Median Earnings
$1,356
Median Rent
$221,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Market-rate tenants occupy both residences, providing an established rental base.
Where is this duplex located?
The property is located at 5272 Ridge Forest Drive Stone Mountain, GA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Brick ranch duplex built in 1986; 4 bedrooms and 4 bathrooms; Each bedroom has a private bathroom
