540 John Wesley Dobbs AVE NE, Atlanta, GA 30312
540 John Wesley Dobbs AVE NE, Atlanta, GA 30312
540 John Wesley Dobbs AVE NE, Atlanta, GA 30312
540 John Wesley Dobbs AVE NE, Atlanta, GA 30312
540 John Wesley Dobbs AVE NE, Atlanta, GA 30312
540 John Wesley Dobbs AVE NE, Atlanta, GA 30312
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$ 1,649,000
Est. payment | /mo

5,880 Sqft Lot


$ 1,649,000
Est. payment | /mo

5,880 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Old Fourth Ward

MLS Listing ID 7757214

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1920

Annual Tax Amount $24,563

Tax Year 2025

Lot Size 5,880 Sqft

Acres 0.135

Property Sub-Type Duplex

Source First Multiple Listing Service

Property 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.

Location

State GA

County Fulton

Area Old Fourth Ward

Lake Name None

Interior

Heating Central, Natural Gas

Cooling Central Air, Heat Pump, Electric

Window Features None

Exterior

Parking Features Driveway, Level Driveway

Fence Front Yard, Fenced, Wood

Community Features Sidewalks, Street Lights, Park

Utilities Available Electricity Available, Other

Waterfront Description None

View Y/N Yes

View City

Roof Type Composition

Accessibility None

Handicap Access None

Total Parking Spaces 4

Private Pool false

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Other

Construction Status Updated/Remodeled

Schools

Elementary Schools John Hope-Charles Walter Hill

Middle Schools David T Howard

High Schools Midtown

Others

Senior Community no

Tax ID 14 004600061132

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://vimeo.com/780198496?fl=ip&fe=ec

First Multiple Listing Service(FMLS)
Listed by HomeSmart

NEARBY SCHOOLS & PROPERTIES

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Anitra Pope
Anitra Pope

Agent | License ID: 1646593

+1(678) 829-7718 | anitra@adprealtygroup.com

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540 John Wesley Dobbs AVE NE