540 John Wesley Dobbs Avenue NE Atlanta, GA $ 1,730,000
540 John Wesley Dobbs Avenue NE
$ 1,730,000
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540 John Wesley Dobbs Avenue NE

Atlanta, GA, 30312
$ 1,730,000
Bedrooms2 Baths2.0

Monthly Estimate*

$ 10,793

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Multi-Family Home for sale in Atlanta, GA

for $1,730,000 with 2 bedrooms and 2 full baths. This home was built in 1920 on a lot size of 0.135.

Welcome to The Dobbs, an exceptional turnkey luxury vacation rental in the heart of Old Fourth Ward offering just under 3,800 square feet of living space. Located just a 5-minute walk from the Atlanta BeltLine Eastside Trail, the city’s most popular and vibrant section, this prime setting is surrounded by acclaimed restaurants, breweries, shopping, and entertainment. This property is an extremely rare find, positioned directly on the Freedom Trail Path with effortless access to Centennial Olympic Park, Mercedes-Benz Stadium, and Downtown Atlanta. Currently operating as a 5-Star Rated Vacation Rental Since 2021, The Dobbs provides outstanding flexibility for an investor or owner-user. The property can continue as a high-performing short-term rental, transition to monthly or long-term corporate housing, or be converted back into a single-family residence. It is being sold fully furnished and equipped, allowing for seamless continuation of operations from day one. The Dobbs is a two-unit, top-and-bottom duplex. The main level features three bedrooms and two full bathrooms, soaring 12-foot ceilings, and an updated kitchen and bathrooms. The upper level offers two spacious bedrooms, two full bathrooms, and a loft-style bedroom at the rear of the home, currently configured as an open-concept two-bedroom layout. Professionally designed and fully stocked, the property is truly turnkey. Guests consistently rave about the impressive outdoor amenities in both the front and rear yards, enhanced by lush, resort-style landscaping throughout. Easy street parking is available on both John Wesley and Howell Street. This is a rare opportunity to own a luxury, income-producing property in one of Atlanta’s hottest and most in-demand neighborhoods.

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Multi-Family Active

Price

$ 1,730,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 24,563

Style

Duplex

Lot Size

0.135

Year Built

1920

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

7695169

Features
General
Sewer Public Sewer
Heating Central Natural Gas
Cooling Central Air Ceiling Fan(s) Gas
Utilities Electricity Available Natural Gas Available Phone Available Cable Available Sewer Available Water Available
Possession Close Of Escrow
Roof Composition
Security Features Carbon Monoxide Detector(s)
Construction Materials Cement Siding HardiPlank Type Other
Year Built 1920
View City
Levels Two
Property Subtype Duplex
Tax Year 2025
Waterfront Features N
Community Features Near Beltline Near Public Transport Near Schools Near Shopping Near Trails/Greenway Park Playground Public Transportation Sidewalks Restaurant Street Lights
Accessibility None
County Fulton - GA
Property Type Residential Income
HOA No
Energy Efficient HVAC Lighting Thermostat Appliances
Subdivision Name Old Fourth Ward
Green Energy Generation None
Status Active
Directions Property located across the street from David T Howard Middle School.
High School Midtown
City Atlanta
Body of Water None
Number Of Units Total 2
Elementary School John Hope-Charles Walter Hill
Property Attached Y/N No
Tax Annual Amount 24563
Home Warranty Y/N No
Middle/Junior High School David T Howard
Property Condition Resale
Virtual Tour https://vimeo.com/780198496
Standard Status Active
Occupancy Type Tenant
Legal Description INSIDE EST
Corporate Owner Corporate Owner Investor Owned
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Exterior
Fencing Back Yard Fenced Front Yard Wood
Parking Features Driveway
Lot Features Level
Water Source Public
Total Parking 3
Lot Dimensions 46x115x53x16x157
Lot Size Acres 0.135
Private Pool No
Lot Size Source Public Records
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Interior
Window Features Double Pane Windows
Total Baths 0
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Internal Only
Street Number 1 540
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* Excluded Features
List By
Justin Longenbach

Listing Agent

Homesmart

Broker

longenbachju@gmail.com

Email

Affordability Calculator

$12,840
Per Month
84%
16%
0%
Monthly Principal & Interest
$10,793
Monthly Property Taxes
$2,047
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5305164 Elementary School
3416107 Middle School
Midtown High School High School
Pricing History
DatePricePrice ChangeDescription
12/22/2025$1,730,000 Listed Price

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540 John Wesley Dobbs Avenue NE, Atlanta, GA, 30312 is a Multi-Family Home for sale at $1,730,000 with a lot size of 0.135. 540 John Wesley Dobbs Avenue NE has 2 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 30312 which is in Atlanta, GA