Luxury Duplex in Old Fourth
For Sale
$1,649,000
540 John Wesley Dobbs Avenue Northeast, Atlanta, GA 30312
Premier income property with short-term rental history and expansion potential.
Property Size3,808 SF
Lot Size0.20 Acres
Price / SF$433.04
Days on Market114
Property Features for 540 John Wesley Dobbs Avenue Northeast
General Information
Standard status
Active
Size
3,808 SF
Total Parking Spaces
4
Lot size
0.20 Acres
Property subtype
Residential Income / Duplex
Taxes and HOA fees
Annual Taxes
$24,563
Amenities
Central Air, Electric, Heat Pump
Central, Natural Gas
Two
Fenced, Front Yard, Wood
Composition
No
Carbon Monoxide Detector(s)
Other
Building Details
Year Built
1920
Listing Agency:
HomeSmart
Listed By:
Justin Longenbach · License #305804
(770) 406-6262
Source:
Compass
Added: May 27
Changed: Sep 15
Last Checked: Sep 16 at 8:50PM
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
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Current Use
Location Intelligence
Trade Area within ½ mile
3,598
Businesses Nearby
Explore this area
Business Placement
Demographics for 30312, GA
25,435
Population
15,787
Households
1.6
Avg Household Size
34
Median Age
65%
College-Educated
92%
High-School Grad
3.3 sq mi
ZIP Area
7,708
Density / Sq Mi
$75,963
Median Household Income
$70,268
Median Earnings
$1,594
Median Rent
$493,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
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.
