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$1,690,000
68 Days On Site

540 John Wesley Dobbs AVE NE
Atlanta, GA 30312

For Sale|Duplex|Active
0
Beds
0
Total Baths
1920
Built
Subdivision:
Old Fourth Ward
County:
Fulton
540 John Wesley Dobbs AVE NE540 John Wesley Dobbs AVE NE540 John Wesley Dobbs AVE NE540 John Wesley Dobbs AVE 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 
10661024
Status 
Active
Property Tax 
$24,563
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoStatus changed to Active
3 days agoListing updated with changes from the MLS®
5 days agoPrice changed to $1,690,000
2 months agoListing first seen on site
General Features
Acres 
0.135
Foundation 
Block
Garage 
Yes
Garage Spaces 
3
Green Energy Efficient 
ThermostatAppliances
Levels 
Two
Number Of Stories 
2
Parking 
Off Street
Parking Spaces 
3
Property Sub Type 
Duplex
Sewer 
Public Sewer
Utilities 
Sewer Connected
Water Source 
Public
Interior Features
Basement 
Crawl Space
Cooling 
Central AirCeiling Fan(s)Gas
Fireplace 
Yes
Fireplaces 
1
Heating 
CentralNatural Gas
Laundry Features 
Common Area
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Exterior Features
Construction Details 
Other
Community Features
Community Features 
ParkPlaygroundSidewalksStreet Lights
Schools
School District
Unknown
Elementary School
Hope Hill
Middle School
David T Howard
High School
Grady
Listing courtesy of HomeSmart



Information deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this office are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Copyright © 2020-present Georgia MLS. All rights reserved.
Last checked: 2026-03-01 06:26 PM UTC

Neighborhood & Commute
Source: Walkscore
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