Duplex with
New
For Sale
$369,990
5321 Hamilton Street, Stone Mountain, GA 30083
Separate residences offer refreshed kitchens and baths, plus shared outdoor space.
Property Size1,972 SF
Days on Market4
Property Features for 5321 Hamilton Street
General Information
Standard status
Active
Size
1,972 SF
Property subtype
Multifamily
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Amenities
sunroom with built-in stone grill
shared backyard
0.27 acres
Public Sewer
Parcel Number: 18 089 06 015, Annual Amount: $6,353, Year: 2025
Central Air
Central, Natural Gas
Listing ID: 10877666, Standard Status: Active, MLS Status: New, On market as of 2026-10-22, 2 days on market
Parking Pad
Elementary School: Stone Mountain, Middle School: Stone Mountain, High School: Stone Mountain
Built in 1972, Levels: One
County/Parish: DeKalb
Resale
Street Lights, Walk To Shopping
Water Source: Public
Negotiable
Water Body Name: NONE
Association Fee: $0, Fee Includes: None
Building Details
Building Size
1,972 SF
Year Built
1972
Listing Agency:
Coldwell Banker Realty
(404) 252-4908
Listed By:
Hossana Kebede · License #387561
(404) 862-4573
Source:
Blackstreaminternational
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 24 at 3:07PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This 1972 duplex contains two distinct units. One has 3 bedrooms, 2 bathrooms, and a sunroom fitted with a built-in stone grill; the other has 2 bedrooms and 1 bathroom. Both residences have updated kitchens and bathrooms, with waterproof vinyl flooring throughout. The roof was replaced two years ago, and the property includes a shared backyard and front yard.
A middle school and public library are within walking distance. The elementary and high schools are approximately 1.5 miles away. Stone Mountain Park is accessible by bike, while downtown Stone Mountain is within walking distance and has local shops and restaurants.
A middle school and public library are within walking distance. The elementary and high schools are approximately 1.5 miles away. Stone Mountain Park is accessible by bike, while downtown Stone Mountain is within walking distance and has local shops and restaurants.
Key Highlights
- Two units: one with 3 bedrooms and 2 bathrooms; the other with 2 bedrooms and 1 bathroom
- Sunroom with built‑in stone grill in the larger unit
- Updated kitchens and bathrooms; waterproof vinyl flooring throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,653
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,060
$573.1K
Cap Rate 7%
$409,329
$409.3K
Cap Rate 9%
$318,367
$318.4K
Market Conditions
NOI Build-Up for 1,972 SF
Gross rent
$43.8K $22.20/SF
− Vacancy
−$2.8K −$1.44/SF
EGI
$40.9K $20.76/SF
− OpEx
−$12.3K −$6.23/SF
NOI
$28.7K $14.53/SF
Area
DeKalb County, GA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,060
Cap Rate 7%
$409,329
Cap Rate 9%
$318,367
Alternative Uses
Best Use
Multifamily LT 5
$409.3K
$358.2K – $477.6K
NOI $28,653 @ 7.0% cap · market cap 7.74%
Second Best
Apartment 5plus
$378.5K
$331.2K – $441.5K
NOI $26,492 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$551.2K
$482.3K – $643.1K
NOI $38,587 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
889
Businesses Nearby
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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 - Separate residences offer refreshed kitchens and baths, plus shared outdoor space.
Where is this duplex located?
The property is located at 5321 Hamilton Street Stone Mountain, GA.
What is the asking price?
The asking price for this property is $369,990.
What are key features of this property?
This property features: Two units: one with 3 bedrooms and 2 bathrooms; the other with 2 bedrooms and 1 bathroom; Sunroom with built‑in stone grill in the larger unit; Updated kitchens and bathrooms; waterproof vinyl flooring throughout
