Recently Listed New ConstructionOpen House 8/1 2pm - 4pm
242 Ormond Street SW
Atlanta, GA, 30315 $ 1,025,000
Baths0.0 Monthly Estimate*
$ 6,472
Studio for $1,025,000. This home was built in 2026 on a lot size of 0.0987.
Welcome to 242 Ormond Street, a brand-new luxury duplex offering exceptional flexibility and income-producing potential. Each three-story residence offers 3 bedrooms, 3.5 bathrooms, approximately 1,540 square feet, a private entrance, dedicated laundry, multiple balconies, and on-site parking. Modern interiors feature open living spaces, quartz countertops, stainless-steel appliances, and stylish tilework. Rent both units, live in one while the other helps offset your housing expenses, or create a flexible multigenerational arrangement. Located approximately one mile south of Downtown Atlanta and minutes from Georgia State University, the Atlanta University Center, Mercedes-Benz Stadium, Grant Park, Zoo Atlanta, Pittsburgh Yards, the Atlanta BeltLine, Hartsfield-Jackson Atlanta International Airport, and major interstates. New construction. Two residences. Multiple investment strategies. One strategic intown address. Come see why 242 Ormond Street deserves a place in your long-term wealth-building plan.
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Open House
8/1/2026 2:00 PM - 4:00 PM
242 Ormond Street SW Atlanta, GA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Sewer Available Underground Utilities Water Available
Roof Other
Security Features Carbon Monoxide Detector(s)
Construction Materials Blown-In Insulation HardiPlank Type
Year Built 2026
View City
Levels Three Or More
Property Subtype Duplex
Tax Year 2025
Parcel Number 14 007500080300
Waterfront Features None
Community Features None
Accessibility None
County Fulton - GA
Property Type Residential Income
HOA false
Energy Efficient Appliances
Subdivision Name Mechanicsville
Green Energy Generation None
Status Active
Directions From Downtown Atlanta take I-75/I-85 South to Exit 244 for University Avenue. Turn right onto University Avenue right onto Pryor Street SW then left onto Ormond Street SW. Property will be on the left at 242 Ormond Street SW
High School Maynard Jackson
City Atlanta
Body of Water None
Number Of Units Total 2
Elementary School Paul L. Dunbar
Property Attached Y/N false
Tax Annual Amount 907
Home Warranty Y/N false
Middle/Junior High School Martin L. King Jr.
Property Condition New Construction
Standard Status Active
Freehold IDX
Corporate Owner None
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InteriorFlooring Luxury Vinyl Tile
Window Features Double Pane Windows ENERGY STAR Qualified Windows
Total Baths 0
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ExteriorFencing Wood
Parking Features Level Driveway
Lot Features Level
Water Source Private
Total Parking 2
Lot Dimensions x
Lot Size Acres 0.0987
Lot Size Source Public Records
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* Excluded FeaturesList ByJohanna GalnaresListing Agent
Keller Williams Rlty ConsultantsBroker
johanna.galnares@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,472
- Monthly Property Taxes
- $76
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Atlanta, GA
Average List Price $667,111
Percent of Sale Price 35%
About Atlanta, GA 478,204 Population
15% Since 2002
$ 55,840 Median Income
35.72 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
3420546 Elementary School
3420522 Middle School
Maynard Jackson High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/31/2026 | $1,025,000 | | Listed Price |