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Luxury Income Property in Atlanta

540 John Wesley Dobbs Avenue NE Atlanta, GA 30312

540 John Wesley Dobbs Avenue NE, Atlanta, GA, 30312
$1,648,990
For Sale
Claim this Listing
$1,648,990

MULTI_FAMILY - Atlanta, GA

Property Size3,700 SF
Lot Size0.14 Acres
Price / SF$445.67
AddedApr 21
Days on Market87
Last RefreshJul 16 at 10:06 am

Property Features for 540 John Wesley Dobbs Avenue NE

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
4
Parking features
Off Street
Fireplace
1
Standard status
Active
APN
14 004600061132
Size
3,700 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
24563

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Central Air, Electric, Heat Pump
Water source
Public

Building Details

Year built
1920
Floors in Building
2
Number of units
2

Listing agent Justin Longenbach

Listing office HomeSmart 10900 Crabapple Road, Atlanta, GA

Listing date Apr 21, 2026

MLS# 10738258 Listing URL

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.


Investment Insights

Based on property information with market context.

This luxury income property, known as "The Dobbs," is located in the Old Fourth Ward, just four blocks from the Atlanta BeltLine Eastside Trail and directly on the Freedom Trail Path. The 3,700+ square foot estate is currently operating as a short-term rental and is being sold fully furnished. The property's location provides access to Mercedes-Benz Stadium, Centennial Olympic Park, and various dining and entertainment districts. The duplex layout offers flexibility to continue as a vacation rental, transition to corporate housing, or convert into a single-family residence. The main level features 3 bedrooms and 2 bathrooms with 12-foot ceilings and an updated chef's kitchen. The upper level includes 2 bedrooms, 2 bathrooms, and a loft-style third bedroom. Both units have updated finishes and designer touches. The property includes professionally designed landscaping in the front and rear yards.

Key Highlights

  • Turnkey luxury income property with proven historical performance.
  • Prime location: just 4 blocks from the Atlanta BeltLine Eastside Trail and directly on the Freedom Trail Path.
  • Versatile revenue stream: suitable for short‑term rental, corporate housing, or single‑family residence.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The John Wesley Dobbs ... Tour Operator

Suggested Use

Electrical Service (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Mobile Phone Store Building Supply Supermarket Butcher HVAC Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Turnkey investment property near Atlanta BeltLine and Freedom Trail.
Where is this duplex located?
The property is located at 540 John Wesley Dobbs Avenue NE Atlanta, GA.
What is the asking price?
The asking price for this property is $1,648,990.
What are key features of this property?
This property features: Turnkey luxury income property with proven historical performance.; Prime location: just 4 blocks from the Atlanta BeltLine Eastside Trail and directly on the Freedom Trail Path.; Versatile revenue stream: suitable for short‑term rental, corporate housing, or single‑family residence.
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