540 John Wesley Dobbs Avenue Ne, Atlanta, GA 30312
Local realty services provided by:ERA Towne Square Realty, Inc.
540 John Wesley Dobbs Avenue Ne,Atlanta, GA 30312
$1,690,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: justin longenbach
Office: homesmart
MLS#:10661024
Source:METROMLS
Price summary
- Price:$1,690,000
About this home
TURNKEY LUXURY INVESTMENT - PRICE IMPROVEMENT - SIGNIFICANT BOOKINGS ON THE BOOKS THROUGH APRIL 2026. Experience a 5-star premier investment opportunity at "The Dobbs," an exceptional luxury vacation rental in the heart of Old Fourth Ward. Offering nearly 3,800 square feet of high-demand living space, this property has operated as a top-rated short-term rental since 2021. Ideally located just a 5-minute walk from the Atlanta BeltLine Eastside Trail and sitting directly on the Freedom Trail Path, guests enjoy effortless access to Mercedes-Benz Stadium, Centennial Olympic Park, and Downtown Atlanta. UNMATCHED REVENUE AND FLEXIBILITY: Sold FULLY FURNISHED and equipped for a seamless Day 1 transition. This two-unit duplex setup offers incredible versatility: continue as a high-performing short-term rental, pivot to mid-term corporate housing, or convert to a massive single-family estate. THE LAYOUT: The main level features 3 bedrooms and 2 bathrooms with 12-foot ceilings and an updated chef's kitchen. The upper level is currently an open-concept 2 bedroom, 2 bathroom layout plus a loft-style third bedroom. OUTDOOR EXPERIENCE: Professionally designed, resort-style landscaping in both the front and rear yards consistently drives 5-star guest reviews. With the O4W market exploding, this is a rare chance to own a historically significant, income-producing asset with proven, high-margin returns....
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Home facts
- Year built:1920
- Listing ID #:10661024
- Updated:March 24, 2026 at 10:53 AM
Rooms and interior
- Basement Description:Crawl Space
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air, Gas
- Heating:Central, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1920
- Lot area:0.13 Acres
- Foundation Description:Block
- Levels:2 Story
Schools
- High school:Grady
- Middle school:David T Howard
- Elementary school:Hope Hill
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,690,000
- Tax amount:$24,563 (2025)
Features and amenities
- Laundry features:Common Area
Parking
- Total parking spaces:3
- Parking description:Off Street Parking
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