For Sale
Price CutPrice Drop: $50K (10/08)
Multi family home for sale at 242 Ormond St Sw, Atlanta, GA 30315 | MLS# 10828525 | Listing updated on 2026-10-08
Photo 1 of Multi family home for sale at 242 Ormond St Sw, Atlanta, GA 30315 | MLS# 10828525 | Listing updated on 2026-10-08
Photo 2 of Multi family home for sale at 242 Ormond St Sw, Atlanta, GA 30315 | MLS# 10828525 | Listing updated on 2026-10-08
Photo 3 of Multi family home for sale at 242 Ormond St Sw, Atlanta, GA 30315 | MLS# 10828525 | Listing updated on 2026-10-08
Photo 4 of Multi family home for sale at 242 Ormond St Sw, Atlanta, GA 30315 | MLS# 10828525 | Listing updated on 2026-10-08
33+
Beds Icon

Street View

$925,000

Monthly Est:$4,604

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

242 Ormond St Sw, Atlanta, GA 30315

$4,604/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 2026

  • $-- HOA

  • 4,312.44 sqft lot

  • --/sqft

Description

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.

  • Houzeo last checked: 13 minutes ago
  • Listing updated: October 8, 2026 at 6:07 pm
  • Listing Provided by: | Keller Williams Realty Consult (678) 287-4800
  • Source: Georgia MLS-GA | MLS#: 10828525 Georgia MLS-GA

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Fulton County

  • City

    Atlanta

  • Neighborhood

    Mechanicsville

  • Year Built

    2026

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    4,312.44 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Georgia MLS

  • MLS Number

    10828525

  • MLS Status

    Price Change

  • Days on Market

    51

  • Cumulative Days on Market

    50

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Sewer

    Public Sewer

  • Cooling

    Central Air

  • Heating

    Central

Construction

  • Year Built

    Year Built: 2026

  • Home type

    Multi Family

  • Construction Materials

    Block, Vinyl Siding

  • Property Condition

    New Construction

  • Foundation Details

    Slab

Utilities & Energy

  • Basement

    None

  • Parking Features

    Off Street

  • Water Source

    Public

  • Utilities

    Electricity Individual Meters, Gas Individual Meters, Water Individual Meters

Other Features

  • Community Features

    None

  • Subdivision Name

    Mechanicsville

Price History

DateEventPrice

10/08/2026

Source: mls_logoFirst Multiple Listing Service-GA #7820634

Price Decreased

$925,000 -5.13%

$0/sqft

08/19/2026

Source: mls_logoFirst Multiple Listing Service-GA #7820621

Listed for Sale

$975,000

$0/sqft

08/19/2026

Source: mls_logoFirst Multiple Listing Service-GA #7820621

Price Decreased

$975,000 -4.88%

$0/sqft

08/14/2026

Source: mls_logoGeorgia MLS-GA #10816191

Off Market

$1,025,000

$0/sqft

07/31/2026

Source: mls_logoGeorgia MLS-GA #10816191

Listed for Sale

$1,025,000 +412.50%

$0/sqft

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Information Deemed Reliable But Not Guaranteed. © 2026 Georgia Multiple Listing Service. All Rights Reserved.

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