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Active69 days listed

242 Ormond Street SW, Atlanta, GA 30315

  • 6bd
  • 8ba
  • 3,080SF
  • 0.1ac lot

Single-family homeMechanicsville

List price

$925,000

$300/SF list

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FMLS IDXFMLS #7820634 · Listing Provided By Keller Williams Rlty Consultants · 678-287-4800 · Listing agent Johanna Galnares

Location

242 Ormond Street SW, Atlanta GA 30315

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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.

How this list price compares in Atlanta

Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.

Home facts

Property type
Single-family home
Status
Active
Bedrooms
6
Full baths
6
Half baths
2
Living area
3,080 SF
Lot size
0.1 acres
Year built
2026
Levels
Three Or More
Main-level bedrooms
0
Parking
Assigned
Style
Contemporary, Modern
Construction
Block, Blown-In Insulation, HardiPlank Type
Roof
Other
Flooring
Vinyl
Heating
Central
Cooling
Central Air
Fireplaces
2
Appliances
Dishwasher, Electric Range, Electric Water Heater, ENERGY STAR Qualified Water Heater, Microwave, Tankless Water Heater
Lot
Back Yard, Rectangular Lot
HOA
No
Annual tax
$907 (2025)
County
Fulton

Assigned schools

As reported in the listing. Verify with the school district.

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $925,000 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$6,266/mo

Principal and interest
$5,719
Property tax
$76
Home insurance
$125
Mortgage insurance
$347
Loan amount
$832,500
Cash down
$92,500

This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.

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