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For sale

$925,000

Price cut $50,000

Est. monthly cost

$5,094/mo

242 Ormond Street SW, Atlanta, GA 30315

Listing by Keller Williams Realty Consultants

Beds
—
Baths
—
Sq ft
—
Lot
4,312 sqft

About this home

Welcome to 242 Ormond Street, a brand-new luxury duplex offering exceptional flexibility and income-producing potential. Each three-story residence features three bedrooms, three-and-a-half 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. Three additional new-construction homes are being built on the same street, reflecting the area's continued growth and transformation. Rent both units, live in one while the other helps offset your housing expenses, rent by the room, or create a flexible multigenerational living arrangement. Located approximately one mile south of Downtown Atlanta, the property offers convenient access to I-75/I-85 and is just minutes from Georgia State University, Grady Memorial Hospital, Mercedes-Benz Stadium, Grant Park, Zoo Atlanta, Pittsburgh Yards, the Atlanta BeltLine, and Hartsfield-Jackson Atlanta International Airport. New construction. Two residences. Multiple investment strategies. One strategic intown address. Schedule your private showing and explore the possibilities this exceptional property has to offer.

Type
Multi Family,Duplex
Year built
2026
HOA
None
Garage
—
Property tax (2025)
$907/yr
Listed
—
MLS #
10828525

Features

New construction

Heating

Central

Cooling

Central Air

Property details

Interior

Levels:
Three Or More

Exterior and lot

Lot size:
0.1 acres

Construction

Construction materials:
Block, Vinyl Siding
Foundation:
Slab
Property condition:
New Construction

Utilities

Sewer:
Public Sewer
Water source:
Public
Utilities:
Electricity Individual Meters, Gas Individual Meters, Water Individual Meters
Green energy:
Appliances, Thermostat, Water Heater

Parking

Parking total:
2
Parking features:
Off Street

Community and HOA

Subdivision:
Mechanicsville
HOA:
No

Taxes and financial

Annual tax amount:
$907 (2025)
Listing terms:
Cash, Conventional, FHA

Monthly cost

Estimated monthly cost

$5,094/mo

Principal & interest
$4,556
Property taxes
$76
Home insurance
$463

$185,000

Estimate only. Taxes use the listing's most recent figure where available; insurance assumes 0.6% of price per year, typical for the area, not including flood cover. Mortgage insurance applies below 20% down.

Price & status history

DateEventPrice
Oct 11, 2026Listed for sale$975,000

Schools

  • Dunbar

    Elementary

  • King

    Middle

  • MH Jackson Jr

    High

School assignments can change — verify with the district before you buy.

Location

More homes in Mechanicsville

Listing information

Listing office:
Keller Williams Realty Consultants
Listing ID:
10828525
Status:
For sale

Source: Georgia MLS · Updated 6m ago · Nov 14, 2026, 11:45 PM ET

Georgia MLS

Listings courtesy of Georgia MLS. Listing information © 2026 Georgia MLS. All rights reserved. Each listing names its listing firm.

© 2026 Georgia MLS. All rights reserved. Information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by GAMLS. Last updated Nov 14, 2026, 11:45 PM ET

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