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Luxury Duplex in Old Fourth Ward

540 John Wesley Dobbs Avenue Northeast Atlanta, GA 30312

540 John Wesley Dobbs Avenue Northeast, Atlanta, GA, 30312
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For Sale
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Premier income property with short-term rental history and expansion potential.

Property Size3,700 SF
Lot Size0.20 Acres
Price / SF$445.68
AddedMay 21
Days on Market57
Last RefreshJul 13 at 1:20 pm

Property Features for 540 John Wesley Dobbs Avenue Northeast

General Information

Standard status
Active
Size
3,700 SF
Lot size
0.20 Acres
Property subtype
Multifamily, Business for Sale

Building Details

Year Built
1920

Listing office HomeSmart

Listing date May 21, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart


Investment Insights

Based on property information with market context.

Located in Atlanta’s Old Fourth Ward submarket, "The Dobbs" is a historically significant income property. This luxury duplex has been maintained and optimized as a short-term rental. The property has a size of over 3,750 square feet. It has a proven track record of over $702,000 in total gross revenue since 2021. The property's R5 zoning and 0.20-acre lot offer potential for future density or expansion. The asset benefits from location-based demand that drives nightly rates. The sale includes all Furniture, Fixtures, and Equipment (FF&E). It has over $77,000 in secured revenue already paced through 2026.

Key Highlights

  • Proven high‑performing short‑term rental with over $702,000 in total gross revenue since 2021.
  • Secured revenue of over $77,000 already paced through 2026.
  • Located in Atlanta's high‑growth Old Fourth Ward submarket with direct trail frontage.

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 - Premier income property with short-term rental history and expansion potential.
Where is this duplex located?
The property is located at 540 John Wesley Dobbs Avenue Northeast Atlanta, GA.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Proven high‑performing short‑term rental with over $702,000 in total gross revenue since 2021.; Secured revenue of over $77,000 already paced through 2026.; Located in Atlanta's high‑growth Old Fourth Ward submarket with direct trail frontage.
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