540 John Wesley Dobbs Avenue Ne, Atlanta, GA 30312
Local realty services provided by:ERA Sunrise Realty
540 John Wesley Dobbs Avenue Ne,Atlanta, GA 30312
$1,649,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: justin longenbach
Office: compass
MLS#:7809021
Source:FIRSTMLS
Price summary
- Price:$1,649,000
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....
Contact an agent
Home facts
- Year built:1920
- Subdivision & Development:Old Fourth Ward
- Listing ID #:7809021
- Updated:August 03, 2026 at 05:42 PM
Heating and cooling
- Cooling:Central Air, Heat Pump
- Heating:Central, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1920
- Lot Features:Level
- Levels:2 Story
Schools
- High school:Midtown
- Middle school:David T Howard
- Elementary school:John Hope-Charles Walter Hill
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,649,000
- Tax amount:$24,563 (2025)
Parking
- Total parking spaces:4
- Parking description:Driveway, Level Driveway
New listings near 540 John Wesley Dobbs Avenue Ne
- New
$389,900Active2 beds 2 baths1,312 sq. ft.123 Luckie Street Nw #2209, Atlanta, GA 30303
MLS# 7814656Listed by: KELLER WILLIAMS BUCKHEAD - New
$169,900Active2 beds 2 baths902 sq. ft.32 Peachtree Street Nw #703, Atlanta, GA 30303
MLS# 7814985Listed by: EQUITABLE ESTATES REALTY, LLC. - New
$715,000Active9 beds 6 baths1891 Tremont Drive, Atlanta, GA 30314
MLS# 7815005Listed by: HOMESMART - New
$345,000Active7 beds 3 baths2732 Oldknow Drive Nw, Atlanta, GA 30318
MLS# 7815014Listed by: AREA WEST REALTY, LLC.
$3,000,000Pending6 beds 8 baths5,880 sq. ft.3290 Dunlop Court Ne, Atlanta, GA 30319
MLS# 7814893Listed by: ANSLEY REAL ESTATE | CHRISTIE'S INTERNATIONAL REAL ESTATE- New
$175,000Active1.72 Acres1900 County Line Road, Atlanta, GA 30331
MLS# 7814942Listed by: JKOM REALTY, LLC - New
$2,300,000Active5 beds 7 baths4,123 sq. ft.4250 Carmain Drive Ne, Atlanta, GA 30342
MLS# 7814623Listed by: COLDWELL BANKER REALTY - New
$155,000Active2 beds 2 baths1,082 sq. ft.870 Mayson Turner Road Nw #1208, Atlanta, GA 30314
MLS# 7814814Listed by: KELLER WILLIAMS REALTY INTOWN ATL - New
$1,245,000Active4 beds 3 baths1091 Saint Louis Place, Atlanta, GA 30306
MLS# 10817826Listed by: HOME Luxury Real Estate - New
$420,000Active2 beds 2 baths3621 Vinings Slope #3407, Atlanta, GA 30339
MLS# 10817843Listed by: Atlanta Communities