Listing provided courtesy of HomeSmartMLS# 7757214MLS Provider
  • 69 days on site
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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.

Source: FMLS, MLS#: 7757214

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  • Property Type
    Residential Income
  • Lot
    0.14 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 540 John Wesley Dobbs Avenue NE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/31/2026Source: Georgia MLS Status Change
Active
5/29/2026Source: Georgia MLS Price Reduction
$1,648,990 -0.0%
5/29/2026Source: Georgia MLS Status Change
Price Change
5/29/2026Source: FMLS Price Reduction
$1,648,990 -0.0%
5/5/2026Source: Georgia MLS Status Change
Active
4/22/2026Source: Georgia MLS Added to Database
April 22, 2026
4/21/2026Source: FMLS Added to Database
April 21, 2026
12/28/2022Source: Georgia MLS Added to Database
December 28, 2022
12/14/2022Source: FMLS Added to Database
December 14, 2022
11/30/2022Source: FMLS Added to Database
November 30, 2022