LKV Realty
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$1,649,000
540 John Wesley Dobbs Avenue NE, Atlanta, GA 30312Listing ID 7809021

540 John Wesley Dobbs Avenue NE, Atlanta, GA 30312

Active
Old Fourth Ward
Time on site: 8 daysLast updated: 1 day ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Acres
Acres
0.13
Days on Site
Days on Site
1
Cooling
Cooling
Central Air, Electric, Heat Pump
Heating
Heating
Central, Natural Gas
Year Built
Year Built
1920
Parking
Parking
Driveway, Level Driveway

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.

Property Information

Property Details

Location

Address
540 John Wesley Dobbs Avenue NE
County
Fulton - GA
City
Atlanta
Zip Code
30312
Subdivision
Old Fourth Ward
High School
Midtown
Elementary School
John Hope-Charles Walter Hill
Compass, (404) 668-6621

Interior Features

Heating and Cooling

Cooling
Central Air, Electric, Heat Pump
Heating
Central, Natural Gas

Building

Building Information

Year Built
1920
Construction
Other
Roof
Composition
Condition
Resale

Property Taxes

Tax Annual Amount
$24,563
Tax Year
2025

Market Report for 30312

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: First Multiple Listing Service
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