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- Description
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- Facts & Features
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$1,648,000
Monthly Est:$8,203
-- Bed
- -- Bath
--sqft
540 John Wesley Dobbs Ave Ne, Atlanta, GA 30312
$1,648,000
$8,203/moEst:
Get Pre-Approved
Multi Family
Built in 1920
$-- HOA
5,662.8 sqft lot
--/sqft
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.
- Houzeo last checked: 3 minutes ago
- Listing updated: October 29, 2026 at 8:28 pm
- Listing Provided by: | HomeSmart (404) 876-4901
- Source: Georgia MLS-GA | MLS#: 10817730

Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1920
HOA Fees
-
Finished Area
- sqft
Lot Size
5,662.8 sqft lot
Basement Area
- sqft
MLS Name
Georgia MLS
MLS Number
10817730
MLS Status
Price Change
Days on Market
77
Cumulative Days on Market
76

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Cooling
Central Air, Electric, Heat Pump
Heating
Central, Natural Gas
Construction
Year Built
Year Built: 1920
Home type
Multi Family
Property Condition
Resale
Foundation Details
Block
Construction Materials
Other
Utilities & Energy
Basement
None
Parking Features
Off Street
Utilities
Other
Laundry Features
Common Area, In Unit
Water Source
Public
Other Features
Community Features
Park, Sidewalks, Street Lights
Subdivision Name
Old Fourth Ward
Price History
| Date | Event | Price |
|---|---|---|
10/29/2026 Source: | Price Decreased | $1,648,000 -0.06% $0/sqft |
08/10/2026 Source: | Listed for Sale | $1,649,000 $0/sqft |
06/01/2026 Source: | Off Market | $1,648,990 $0/sqft |
05/30/2026 Source: | Price Decreased | $1,648,990 -2.43% $0/sqft |
02/27/2026 Source: | Off Market | $1,690,000 $0/sqft |
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Old Fourth Ward Ranks #8 in Atlanta, GA
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