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Key Details
Sold Price $295,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Windfern Forest
MLS Listing ID 7738200
Sold Date 08/11/26
Construction Status Resale
HOA Y/N No
Year Built 1984
Annual Tax Amount $2,666
Tax Year 2025
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Other
Source First Multiple Listing Service
Property Description
Turnkey investment (14%+ Cap rate) opportunity in Stone Mountain! 5432 Windfern Court is a fully operational co-living property generating approximately $6,000+ per month in gross rental income, offering immediate cash flow with additional upside through full occupancy. Conveniently located with easy access to I-285, Memorial Drive, and US-78, providing a quick commute to Downtown Atlanta, Decatur, and major employment hubs including Emory, CDC, and surrounding healthcare and logistics centers. Nearby MARTA bus routes enhance accessibility for tenants. Close to Stone Mountain Park, shopping, dining, and everyday conveniences, making this location highly desirable for consistent rental demand. Ideal for investors seeking strong income, tenant demand, and long-term growth potential in Metro Atlanta.
Location
State GA
County Dekalb
Area Windfern Forest
Lake Name None
Interior
Heating Central, Forced Air
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Laminate
Window Features Double Pane Windows
Exterior
Parking Features Driveway
Fence Back Yard, Fenced, Wood
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
Waterfront Description None
View Y/N Yes
View Neighborhood
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 7
Private Pool false
Building
Lot Description Other
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Resale
Schools
Elementary Schools Redan
Middle Schools Stephenson
High Schools Redan
Others
Senior Community no
Tax ID 16 035 01 272
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Bought with Non FMLS Member
Nearby Locations
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