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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$ 1,648,990
Est. payment | /mo

5,880 Sqft Lot


$ 1,648,990
Est. payment | /mo

5,880 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Old Fourth Ward

MLS Listing ID 10738258

HOA Y/N No

Year Built 1920

Annual Tax Amount $24,563

Tax Year 2025

Lot Size 5,880 Sqft

Acres 0.135

Lot Dimensions 5880.6

Property Sub-Type Multi Family,Duplex

Source Georgia MLS 2

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

Rooms

Bedroom Description No

Basement Crawl Space

Interior

Heating Central, Natural Gas

Cooling Central Air, Heat Pump, Electric

Fireplaces Number 1

Fireplace Yes

Laundry Common Area

Exterior

Parking Features Off Street

Garage Spaces 4.0

Community Features Near Public Transport, Walk To Schools, Near Shopping, Sidewalks, Street Lights, Park

Utilities Available Other

View Y/N No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Faces Property is located on John Wesley Dobbs Ave NE across from David T Howard Middle School.

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Other

New Construction No

Schools

Elementary Schools Hope Hill

Middle Schools David T Howard

High Schools Grady

Others

HOA Fee Include None

Tax ID 14 004600061132

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Updated/Remodeled, Resale

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

Georgia MLS - GAMLS

NEARBY SCHOOLS & PROPERTIES

Diana Dandridge

Making real estate simply, fun and stress-free.

+1(901) 299-0364

[email protected]

2911 Piedmont Rd NE, Atlanta, GA, 30305

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540 John Wesley Dobbs AVE NE