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540 John Wesley Dobbs Avenue NE

Atlanta, GA 30312
  • $1,648,990
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 10738258
Price Reduced
UPDATED: 40 min ago
$1,648,990
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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.

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Georgia MLS logo© 2026 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Rettro Group | Century 21 Novus are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Rettro Group | Century 21 Novus. Data last updated: 2026-06-12T00:10:37.803.
www.c21novusrettrogroup.com/homes/175647381
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540 John Wesley Dobbs Avenue NE Atlanta, GA 30312

  • Price: $1,648,990
  • Status: Active
  • On Site: 50 Days
  • Updated: 40 min ago
  • MLS #: 10738258
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1920
Built
Neighborhood:
Old Fourth Ward
County:
Fulton
Area:
ATLANTA
Elementary School:
Hope Hill
Middle School:
David T Howard
High School:
Grady
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.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Other Foundation Details Block Garage YN No Levels Two Lot Size Area 5880.6 Lot Size Source Agent Lot Size Units Square Feet Parking Features Off Street Parking Total 4

Interior Features

Above Grade Finished Area Units Square Feet Basement Crawl Space Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Central AirHeat PumpElectric Cooling YN Yes Fireplace YN Yes Fireplaces Total 1 Heating CentralNatural Gas Heating YN Yes Laundry Features Common Area Living Area Units Square Feet

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features Near Public TransportWalk To SchoolsNear ShoppingSidewalksStreet LightsPark Es Bus Yn Yes Green Energy Efficient InsulationThermostatWater HeaterAppliances Gross Income 160000 Hs Bus Yn Yes Listing Terms 1031 ExchangeCashConventional Ms Bus Yn Yes New Construction YN No Property Condition Updated/RemodeledResale Property Sub Type Multi FamilyDuplex Sewer Public Sewer Special Listing Conditions Investor OwnedRental Structure Type Duplex Tax Annual Amount 24563 Tax Year 2025 Utilities Other Water Source Public

GAMLS logo Listing provided courtesy of HomeSmart: 404-876-4901. © 2026 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2026 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Rettro Group | Century 21 Novus are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Rettro Group | Century 21 Novus. Data last updated: 2026-06-12T00:10:37.803.
 
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Rettro Group | Century 21 Novus
537 Newnan Road
Carrollton GA, 30117