5374 Cherry Wood DR, Stone Mountain, GA 30083
5374 Cherry Wood DR, Stone Mountain, GA 30083
5374 Cherry Wood DR, Stone Mountain, GA 30083
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Johanna Morel

Johanna Morel

+1(614) 638-8337
$110,000
Est. payment /mo
2 Beds
2 Baths
3,484 Sqft Lot
Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Ridge Forest Ph 02B

MLS Listing ID 10715698

Style Other

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1986

Annual Tax Amount $4,980

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 3484.8

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property 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 translates to lower holding costs and greater flexibility in property management. With an estimated After Repair Value (ARV) of $200,000, 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.

Location

State GA

County Dekalb

Rooms

Bedroom Description No

Basement None

Interior

Interior Features Other

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Other

Fireplaces Number 1

Fireplace Yes

Appliance Other

Laundry Other

Exterior

Parking Features None

Community Features None

Utilities Available None

Waterfront Description No Dock Or Boathouse

View Y/N No

Roof Type Composition

Garage No

Private Pool No

Building

Lot Description None

Faces Please use gps

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Other

New Construction No

Schools

Elementary Schools Stone Mountain

Middle Schools Stone Mountain

High Schools Stone Mountain

Others

HOA Fee Include None

Tax ID 18 037 18 042

Special Listing Condition Resale

Read Less Info
Georgia MLS - GAMLS
© 2026 Georgia Multiple Listing Service. All Rights Reserved.
Schools and Properties Nearby
Johanna Morel

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(614) 638-8337

joannamorel18@gmail.com

Learn More About LPT Realty

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Johanna Morel, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Tour the Home

5374 Cherry Wood DR