540 John Wesley Dobbs Avenue NE Atlanta, GA 30312
Listing Courtesy of: MLS LogoFMLS / Listed By: Compass - Contact:  404-668-6621

  540 John Wesley Dobbs Avenue NE Atlanta, GA 30312

Coming Soon (198 Days)
$1,649,000 (USD)

Description

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.

MLS #:
7809021
Taxes
$24,563(2025)
Lot Size
5,876 SQFT
Type
Multifamily
Year Built
1920
Views
City
County
Fulton County
Community
Old Fourth Ward

Listed By

Justin Longenbach, Compass, Contact: 404-668-6621
Source
FMLS
Last checked Aug 3 2026 at 7:09 PM GMT+0000
Bathroom Details
Subdivision
  • Old Fourth Ward
Lot Information
  • Level
Heating and Cooling
  • Natural Gas
  • Central
  • Heat Pump
  • Central Air
  • Electric
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Other, Electricity Available
  • Sewer: Public Sewer
  • Energy: None, Thermostat, Insulation, Water Heater, Appliances
School Information
  • Elementary School: John Hope-Charles Walter Hill
  • Middle School: David T Howard
  • High School: Midtown
Parking
  • Driveway
  • Level Driveway
  • Total: 4
Additional Information: Compass | 404-668-6621
Location
   
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