New-Construction
For Sale
$925,000
242 Ormond Street SW, Atlanta, GA 30315
Two three-story residences include private entrances, dedicated laundry, balconies, and on-site parking.
Property SizeContact for details
Days on Market68
Property Features for 242 Ormond Street SW
General Information
Standard status
Active
Property subtype
Multi-Family
Site & Location
Neighborhood
Mechanicsville
Highway Access
Yes
Units
Unit Mix
2 x 3BR/3.5BA
Multifamily Units
2
Amenities
balconies
on-site parking
dedicated laundry
Central
Central Air
Electricity Individual Meters, Gas Individual Meters, Water Individual Meters
Building Details
Year Built
2026
Buildings
1
Listed By:
Johanna Galnares · License #430619
(470) 776-7985
Source:
Kw
Added: Aug 19
Changed: Oct 24
Last Checked: Oct 24 at 9:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Johanna Galnares
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Investment Insights
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Completed in 2026, this duplex contains two newly built residences, each arranged across three stories with three bedrooms and three-and-a-half bathrooms. Each home measures approximately 1,540 square feet and includes a private entrance, dedicated laundry, multiple balconies, and on-site parking. Interior finishes include open living areas, quartz countertops, stainless-steel appliances, and tilework. Central air serves both residences, while electricity, gas, and water are individually metered for each unit.
The property at 242 Ormond Street SW is approximately one mile south of Downtown Atlanta, with access to I-75/I-85. Georgia State University, Grady Memorial Hospital, Mercedes-Benz Stadium, Grant Park, Zoo Atlanta, Pittsburgh Yards, the Atlanta BeltLine, and Hartsfield-Jackson Atlanta International Airport are identified as nearby destinations. The configuration supports separate occupancy of the two residences and flexible living arrangements, subject to applicable requirements.
The property at 242 Ormond Street SW is approximately one mile south of Downtown Atlanta, with access to I-75/I-85. Georgia State University, Grady Memorial Hospital, Mercedes-Benz Stadium, Grant Park, Zoo Atlanta, Pittsburgh Yards, the Atlanta BeltLine, and Hartsfield-Jackson Atlanta International Airport are identified as nearby destinations. The configuration supports separate occupancy of the two residences and flexible living arrangements, subject to applicable requirements.
Key Highlights
- Two‑residence duplex completed in 2026
- Each residence offers three bedrooms, three‑and‑a‑half bathrooms, and approximately 1,540 square feet
- Three‑story layouts include private entrances, dedicated laundry, and multiple balconies
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
808
Businesses Nearby
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Business Placement
Demographics for 30315, GA
34,327
Population
15,458
Households
2.2
Avg Household Size
34
Median Age
28%
College-Educated
82%
High-School Grad
11.5 sq mi
ZIP Area
2,985
Density / Sq Mi
$42,383
Median Household Income
$36,311
Median Earnings
$989
Median Rent
$266,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-story residences include private entrances, dedicated laundry, balconies, and on-site parking.
Where is this duplex located?
The property is located at 242 Ormond Street SW Atlanta, GA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Two‑residence duplex completed in 2026; Each residence offers three bedrooms, three‑and‑a‑half bathrooms, and approximately 1,540 square feet; Three‑story layouts include private entrances, dedicated laundry, and multiple balconies
