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$1,690,000
68 Days On Site

540 John Wesley Dobbs Avenue NE
Atlanta, GA 30312

For Sale|Duplex|Active
0
Beds
0
Total Baths
1920
Built
Subdivision:
Old Fourth Ward
County:
Fulton
Listing Courtesy Of: Justin Longenbach of HomeSmart Broker: 770-406-6262 Prefer Ph#:[email protected]
540 John Wesley Dobbs Avenue NE540 John Wesley Dobbs Avenue NE540 John Wesley Dobbs Avenue NE540 John Wesley Dobbs Avenue NE
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Mortgage Calculator

Monthly Payment (Est.)

$7,710
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$1,690,000
Days On Site 
68 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.135 Acres
Year Built 
1920
MLS® Number 
7695169
Status 
Active
Property Tax 
$24,563
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoPrice changed to $1,690,000
5 days agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.135
Green Energy Efficient 
HVACLightingThermostatAppliances
Levels 
Two
Number Of Stories 
2
Parking 
Driveway
Parking Spaces 
3
Property Sub Type 
Duplex
Security 
Carbon Monoxide Detector(s)
Sewer 
Public Sewer
Utilities 
Electricity AvailableNatural Gas AvailablePhone AvailableCable AvailableSewer AvailableWater Available
Water Source 
Public
Interior Features
Cooling 
Central AirCeiling Fan(s)Gas
Heating 
CentralNatural Gas
Window Features 
Double Pane Windows
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Exterior Features
Construction Details 
Cement SidingHardiPlank TypeOther
Fencing 
Back YardFencedFront YardWood
Lot Features 
Level
Roof 
Composition
View 
City
Waterfront Features 
None
Waterview 
City
Windows/Doors 
Double Pane Windows
Community Features
Community Features 
ParkPlaygroundSidewalksRestaurantStreet Lights
Schools
School District
Unknown
Elementary School
John Hope-Charles Walter Hill
Middle School
David T Howard
High School
Midtown
Listing Courtesy Of: Justin Longenbach of HomeSmart Broker: 770-406-6262 Prefer Ph#:[email protected]

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request.



© 2017-2026 First Multiple Listing Service, Inc.

Neighborhood & Commute
Source: Walkscore
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