☎︎ (706) 879-1813
Property Overview
List Price $1,649,000
0
540 John Wesley Dobbs Avenue NE Atlanta, GA 30312

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.

Property Basics

Location Atlanta, GA 30312
Property Type Residential Income — Duplex
Status Active
Year Built 1920
Days on Market 49

Key Features

Cooling Central Air, Heat Pump, Electric
Heating Central, Natural Gas
Pool
Fireplaces

Additional Details

Lot Size 0.14 acres
Total Units 2
Price per Unit $824,500

Financial Overview

Annual Taxes $24,563

Listing provided by: Justin Longenbach, HomeSmart • 770-406-6262

Information is deemed reliable but not guaranteed. Verify all details independently.

Data last updated: April 23, 2026 at 1:56 PM EDT
IDX Functionality Provided by Jeff Crowe - jeffcrowe@c21theavenues.com