# 540 John Wesley Dobbs Avenue NE, Atlanta, GA 30312

> **TL;DR:** residential multi family, $1,648,990, built 1920.
> View, A/C. Est. $7,146/mo. Listed 41 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,648,990 |
| Year Built | 1920 |
| Lot Size | 5,881 sqft (0.14 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 41 |

## Why This Home Stands Out

- **Views** - City

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $7,146 |
| **Total** | **$7,146** |

## Nearby Schools

- **Elementary:** John Hope-Charles Walter Hill
- **Middle:** David T Howard
- **High:** Midtown

## Key Amenities

- View
- A/C

## Property Highlights

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

## Description

### 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 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

- **Address:** 540 John Wesley Dobbs Avenue NE, Atlanta, GA 30312
- **County:** Fulton - GA
- **Neighborhood:** Old Fourth Ward
- **Coordinates:** 33.759573, -84.369629
- **Google Maps:** https://www.google.com/maps?q=33.759573,-84.369629

## Virtual Tour & Media

- **Video Tour:** https://vimeo.com/780198496?fl=ip&fe=ec

## Listing Agent

- **Name:** Justin Longenbach
- **Brokerage:** HomeSmart
- **Phone:** (404) 876-4901
- **Email:** longenbachju@gmail.com

## Primary Photo

![540 John Wesley Dobbs Avenue NE - Primary Photo](http://lh.rdcpix.com/7989a24a4a91c6fde6cb4aa1eae8467bl-f3932051261r.jpg)

*59 total photos available on [listing page](https://www.propertysimple.com/listing/540-john-wesley-dobbs-avenue-ne-atlanta-ga-30312-7757214)*

---

**MLS#:** 7757214 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/540-john-wesley-dobbs-avenue-ne-atlanta-ga-30312-7757214)

---

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