The objective of the present research is to evaluate the wave propagation velocity and attenuation characteristics of kaolin clay specimens using ultrasonic testing. Test specimens with known initial micro-fabric were prepared using a two-stage slurry consolidation technique. For a known state of stress conditions, initial void ratio, and micro-fabric, a series of experiments were conducted to evaluate the longitudinal wave propagation velocity and associated damping behavior. The effects of major variables involved in ultrasonic testing of cohesive soil were considered in this study. Ultrasonic velocity was not correlated to the microfabric structure under the given consolidated pressure whereas ultrasonic attenuation was affected by the microstructural properties of the specimen.