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About This Home

This 0-bedroom, 0-bathroom residential multi family at 540 John Wesley Dobbs Avenue NE in Atlanta, GA is listed for $1,648,990. Built in 1920, on a 0.14 acres lot.

Agent 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 locati

on 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.

Key Features

  • Built in 1920
  • 0.14 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
4 spaces
1920

Amenities

ViewA/C

Monthly Cost Estimate

$8,819/mo

20% down · 6.5% · 30 years

Principal$1,193
Interest$7,146
Insurance$481

Estimates only. Actual payments may vary.

Location

540 John Wesley Dobbs Avenue NE

Atlanta, GA 30312

Old Fourth Ward

Property Details

Views

City

Parking

Driveway

Heating

CentralNatural Gas

Cooling

Heat PumpCentral AirElectric

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 540 John Wesley Dobbs Avenue NE is listed at $1,648,990. The estimated monthly payment is $7,146 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.14 acre lot, 2 stories, 4 parking spaces.

This property is listed by Justin Longenbach and can be reached at (404) 876-4901 or longenbachju@gmail.com.

JL

Justin Longenbach

Agent at HomeSmart

(404) 876-4901

Listed by HomeSmart · View on Broker Site

MLS# 7757214· Source: listhub· Updated 41 days ago

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

540 John Wesley Dobbs Avenue NE, Atlanta, GA 30312

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