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540 John Wesley Dobbs Avenue NE
Atlanta GA 30312 US

$1,690,000

Active Listing ID 10661024
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Lot: 0.14 Acres
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Other

$1,690,000

Active Listing ID 10661024
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540 John Wesley Dobbs Avenue NE TURNKEY LUXURY INVESTMENT - PRICE IMPROVEMENT - SIGNIFICANT BOOKINGS ON THE BOOKS THROUGH APRIL 2026. Experience a 5-star premier investment opportunity at "The Dobbs, " an exceptional luxury vacation rental in the heart of Old Fourth Ward. Offering nearly 3, 800 square feet of high-demand living space, this property has operated as a top-rated short-term rental since 2021. Ideally located just a 5-minute walk from the Atlanta BeltLine Eastside Trail and sitting directly on the Freedom Trail Path, guests enjoy effortless access to Mercedes-Benz Stadium, Centennial Olympic Park, and Downtown Atlanta. UNMATCHED REVENUE AND FLEXIBILITY: Sold FULLY FURNISHED and equipped for a seamless Day 1 transition. This two-unit duplex setup offers incredible versatility: continue as a high-performing short-term rental, pivot to mid-term corporate housing, or convert to a massive single-family estate. THE LAYOUT: The main level features 3 bedrooms and 2 bathrooms with 12-foot ceilings and an updated chef's kitchen. The upper level is currently an open-concept 2 bedroom, 2 bathroom layout plus a loft-style third bedroom. OUTDOOR EXPERIENCE: Professionally designed, resort-style landscaping in both the front and rear yards consistently drives 5-star guest reviews. With the O4W market exploding, this is a rare chance to own a historically significant, income-producing asset with proven, high-margin returns.

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Property Features

  • Facts
  • Lot Size: 0.14 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Gas (Cooling), Central Air, Ceiling Fan(s)
  • Heating Fuels: Central, Natural Gas
  • Additional Features
  • Fireplace

School Information

  • School
  • Hope Hill(Elementary)
  • David T Howard(MiddleSchool)
  • Grady(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1690000
  • unparsedaddress: 540 John Wesley Dobbs Avenue NE
  • postalcity: Atlanta
  • stateorprovince: GA
  • country: US
  • postalcode: 30312
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.135
  • lotsizeunits: Acres
  • lotsizearea: 0.135
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.759513
  • longitude: -84.369639
  • listagentfullname: Justin Longenbach
  • listagentemail: longenbachju@gmail.com
  • listagentkey: 3yd-GAMLS-LONGENBACHJU
  • listagentmlsid: LONGENBACHJU
  • listagentpreferredphone: 7704066262
  • listagentofficephone: 4048764901
  • listofficekey: 3yd-GAMLS-PHPA01
  • listofficemlsid: PHPA01
  • disclaimer: Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GAMLS
  • yearbuilt: 1920
  • listingcontractdate: 2025-12-22
  • listagenturl: http://www.palmerhouseproperties.com
  • countyorparish: Fulton
  • parcelnumber: 14 004600061132
  • elementaryschool: Hope Hill
  • highschool: Grady
  • cooling: Gas (Cooling), Central Air, Ceiling Fan(s)
  • heating: Central, Natural Gas
  • numberofunitstotal: 2
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 3
  • parkingfeatures: Off Street
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.36964, 33.759514
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Palmer House Properties and Assoc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"longenbachju@gmail.com", "ListBrokerageCity":"Atlanta", "ListBrokerageCountry":"US", "ListBrokerageEmail":"tvonbrinegar@phpatlanta.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Palmer House Properties and Assoc.", "ListBrokeragePhone":"(404) 876-4901", "ListBrokeragePostalCode":"30305", "ListBrokerageStateOrProvince":"GA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2911 Piedmont Road, NE", "ListBrokerageWebsiteUrl":"http://www.palmerhouseproperties.com", "ListOfficeAddress1":"10900 Crabapple Road ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"PHPA01", "ListOfficeCity":"Roswell", "ListOfficeCountry":"USA", "ListOfficeEmail":"listing@hsmove.com", "ListOfficePostalCode":"30075", "ListOfficeStateOrProvince":"GA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Atlanta, GA", "ListingURL":null, "MLSModificationTimestamp":"2026-03-31 03:59:04", "Neighborhoods":[{"Description":null, "Name":"Old Fourth Ward"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":24563, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/31/2026 4:35:57 AM GMT
Source Updated Date: 4/1/2026 6:59:59 PM GMT

Courtesy of: Justin Longenbach, HomeSmart, longenbachju@gmail.com

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.