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540 John Wesley Dobbs Avenue NE
Atlanta GA 30312 US

$1,649,000

Active Listing ID 10738258
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Lot: 0.14 Acres
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Other

$1,649,000

Active Listing ID 10738258
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540 John Wesley Dobbs Avenue NE 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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Property Features

  • Facts
  • Lot Size: 0.14 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air, Electric, Heat Pump
  • 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: 1649000
  • 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: 33.759531
  • longitude: -84.369634
  • 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: 2026-04-21
  • listagenturl: http://www.palmerhouseproperties.com
  • countyorparish: Fulton
  • parcelnumber: 14 004600061132
  • elementaryschool: Hope Hill
  • highschool: Grady
  • cooling: Central Air, Electric, Heat Pump
  • heating: Central, Natural Gas
  • numberofunitstotal: 2
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 4
  • parkingfeatures: Off Street
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.36964, 33.75953
  • 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":"US", "ListOfficeEmail":"listing@hsmove.com", "ListOfficePostalCode":"30075", "ListOfficeStateOrProvince":"GA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Atlanta, GA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/540-John-Wesley-Dobbs-Ave-NE_Atlanta_GA_30312_M57301-85703?f=listhub&s=GAMLS&m=10738258&c=rexren", "MLSModificationTimestamp":"2026-04-22 13:24:49", "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: 4/22/2026 1:40:17 PM GMT
Source Updated Date: 4/27/2026 12:41:47 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.