Active

5374 Cherry Wood Drive

Stone Mountain, GA 30083

$104,999 $442/Mo

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Overview

Bed

Bath

0.08

Acre(Lot)

Description

Unlock significant investment potential with this charming ranch-style home located at 5374 Cherry Wood Drive in Stone Mountain. Priced at an attractive $118,745 Cash or conventional only , this property offers an exceptional opportunity for real estate investors seeking a strong return. Boasting a desirable double master bedroom layout this residence is designed for comfortable living and easy maintenance, appealing to a wide range of prospective tenants or future homeowners.The classic brick front exterior provides excellent curb appeal, while the quiet neighborhood ensures a peaceful environment. Built in 1986, this single-level home eliminates the concerns of stairs, enhancing accessibility and broad appeal. A major advantage for investors is NO Homeowners Association (HOA), which tran slates to lower holding costs and greater flexibility in property management. With an estimated After Repair Value (ARV) of $175,000, this property presents a clear path to substantial equity growth.This affordable investment is strategically located in Stone Mountain, a community offering convenience and a steady rental market. The practical layout, combined with the low-maintenance features and NO HOA fees, makes this an ideal asset for your portfolio. Seize the opportunity to transform this solid foundation into a lucrative investment. This property is ready for its next chapter, promising both immediate value and long-term appreciation for the savvy investor.

Property Details

Property Type : Residential

Price : $104,999

AD Id : 78004823

MLS Id : 10758371

Beds : 2

Lot Size : 0.08 Acre

Year Built : 1986

County : DeKalb

Subdivision: Panhandle Valley

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 2 Bedrooms On Upper Level: 0 Bedrooms On Lower Level: 0 Main Bedrooms: 2 Room Type: Other Window Features: Insulated Windows

Bathroom Information

Total Baths: 2 Full Baths: 2 Half Baths: 0 Full Baths Main: 2 Baths Full Lower: 0 Baths Full Upper: 0

Water/Sewer

Water Source: Public Water BodyName: NONE Sewer: Public Sewer
Interior Features

Other Flooring: Other

Appliances

Other

Utilities

Other
Cooling Features

None

Heating Source

Central

Fireplace

Number of Fireplaces: 0

Building Information

Built Year: 1986 Roof Type: Composition Basement: None Common Walls: 1 Common Wall Levels: One Property Age: 40
Laundry Features

Other

Construction Materials

Brick,Other

Property Condition

Resale

Lot Information

Lot Size (Acr): 0.08 Lot Size Source: Public Records Lot Features: None
Property Information

Property Type: Residential Property Sub Type: Single Family Residence Structure Type: House Subdivision: Ridge Forest Ph 02b City: Stone Mountain State: GA Directions: Please use gps Property Status: Active

Listing Price Information

Original List Price: $104,999

Tax Information

Annual Tax: $4980 Tax Year: 2025
Home Warranty

Home Warranty Paid: No

Parking Information

Parking: 0 Parking Features: None
Homeowners Association Information

Association: No Annual Association Fee: 0 Calculated Total Monthly Association Fees: 0 Association Fee Includes: None Community Features: None

School Information

Elementary School: Stone Mountain High School: Stone Mountain Middle School: Stone Mountain Source Neighborhood: Ridge Forest Ph 02b

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
588 Kenilworth Circle, Stone Mountain, GA, 30083	$425,000	3	2	1,919	1,919 SqFt
4132 Rue Saint Germain, Stone Mountain, GA, 30083	$280,000	4	2	2,164	2,164 SqFt
5476 Old Rockbridge Road, Stone Mountain, GA, 30083	$165,000	2	1	760	760 SqFt
5476 Old Rockbridge Rd Rd, Stone Mountain, GA, 30083	$165,000	2	1	--
500 Carillon Court, Stone Mountain, GA, 30083	$239,900	4	3	1,860	1,860 SqFt
5429 E Mountain Street, Stone Mountain, GA, 30083	$549,000	4	4	2,773	2,773 SqFt
1094 Fourth Street, Stone Mountain, GA, 30083	$389,900	3	2	2,032	2,032 SqFt
5374 Cherry Wood Drive, Stone Mountain, GA, 30083	$104,999	2	2	--
1093 Third Street, Stone Mountain, GA, 30083	$440,000	5	4	2,793	2,793 SqFt
5328 Ridge Forest Drive, Stone Mountain, GA, 30083	$262,000	4	4	1,959	1,959 SqFt

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.

ByOwner last updated this listing 06/16/2026 @ 23:24

MLS: 10758371 LISTED BY: Jeffrey Ducreay, eXp Realty 888-959-9461 SOURCE: Georgia MLS