540 John Wesley Dobbs Avenue NE Atlanta, GA $ 1,649,000
540 John Wesley Dobbs Avenue NE
$ 1,649,000
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540 John Wesley Dobbs Avenue NE

Atlanta, GA, 30312
$ 1,649,000
Baths0.0

Monthly Estimate*

$ 10,153

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View a Virtual Tour
Studio

Multi-Family Home for sale in Atlanta, GA

for $1,649,000. This home was built in 1920 on a lot size of 0.135.

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.

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Multi-Family Active

Price

$ 1,649,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 24,563

Style

Lot Size

0.135

Year Built

1920

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

7757214

Features
General
Sewer Public Sewer
Heating Central Natural Gas
Cooling Central Air Heat Pump Electric
Utilities Electricity Available
Roof Composition
Security Features Carbon Monoxide Detector(s)
Construction Materials Other
Year Built 1920
View City
Levels Two
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Community Features Sidewalks Street Lights Park
Accessibility None
County Fulton - GA
Property Type Residential Income
HOA false
Energy Efficient Insulation Thermostat Water Heater Appliances
Subdivision Name Old Fourth Ward
Green Energy Generation None
Status Active
Directions Property is located on John Wesley Dobbs Ave NE across 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 false
Tax Annual Amount 24563
Home Warranty Y/N false
Middle/Junior High School David T Howard
Property Condition Updated/Remodeled
Virtual Tour https://vimeo.com/780198496?fl=ip&fe=ec
Standard Status Active
Freehold IDX
Corporate Owner Corporate Owner
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Interior
Window Features None
Total Baths 0
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Exterior
Fencing Front Yard Fenced Wood
Parking Features Driveway Level Driveway
Lot Features Level
Water Source Public
Total Parking 4
Lot Dimensions 0
Lot Size Acres 0.135
Lot Size Source Estimated
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* Excluded Features
List By
Justin Longenbach

Listing Agent

Homesmart

Broker

longenbachju@gmail.com

Email

Affordability Calculator

$12,200
Per Month
83%
17%
0%
Monthly Principal & Interest
$10,153
Monthly Property Taxes
$2,047
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
0 Elementary School
4134039 Middle School
Midtown High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2026$1,649,000 Listed Price

Map


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540 John Wesley Dobbs Avenue NE, Atlanta, GA, 30312 is a Multi-Family Home for sale at $1,649,000 with a lot size of 0.135. 540 John Wesley Dobbs Avenue NE is a studio with 0.0 baths and was built in 1920. The property's zip code is 30312 which is in Atlanta, GA