540 John Wesley Dobbs Avenue Ne, Atlanta, GA 30312
Local realty services provided by:ERA Kings Bay Realty
540 John Wesley Dobbs Avenue Ne,Atlanta, GA 30312
$1,648,990
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: justin longenbach
Office: homesmart
MLS#:10738258
Source:METROMLS
Price summary
- Price:$1,648,990
About this home
TURNKEY LUXURY INVESTMENT - Welcome to "The Dobbs," an exceptional luxury income property in the heart of Old Fourth Ward. This 3,700+ square foot estate offers a rare 5-star investment opportunity with proven historical performance. Positioned just 4 blocks from the Atlanta BeltLine Eastside Trail and directly on the Freedom Trail Path, the location provides guests with effortless access to Mercedes-Benz Stadium, Centennial Olympic Park, and the city's top dining and entertainment districts. VERSATILE REVENUE STREAM: Currently operating as a premier short-term rental, this property is sold FULLY FURNISHED and equipped for a seamless transition. The two-unit duplex layout offers unmatched flexibility: continue as a high-performing vacation rental, pivot to mid-term corporate housing, or convert into a grand single-family residence. THE LAYOUT: The main level features 3 bedrooms and 2 bathrooms with soaring 12-foot ceilings and an updated chef's kitchen. The upper level offers 2 bedrooms, 2 bathrooms, and a large loft-style third bedroom. Both units feature updated finishes and designer touches throughout. OUTDOOR AMENITIES: Professionally designed, resort-style landscaping creates a private urban retreat in both the front and rear yards, consistently driving 5-star guest reviews and premium nightly rates. Own a piece of Atlanta history with guaranteed day-one cash flow in the city's most in-demand neighborhood....
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Home facts
- Year built:1920
- Listing ID #:10738258
- Updated:June 28, 2026 at 05:57 PM
Rooms and interior
- Basement Description:Crawl Space
Heating and cooling
- Cooling:Central Air, Electric, Heat Pump
- Heating:Central, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1920
- Lot area:0.14 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
Finances and disclosures
- Price:$1,648,990
- Tax amount:$24,563 (2025)
Features and amenities
- Laundry features:Common Area
Parking
- Total parking spaces:4
- Parking description:Off Street Parking
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