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PRICE $1,690,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 5,881 sqft

TURNKEY LUXURY INVESTMENT - PRICE IMPROVEMENT - SIGNIFICANT BOOKINGS ON THE BOOKS THROUGH APRIL 2026. Experience a 5-star premier investment opportunity at "The Dobbs," an exceptional luxury vacation rental in the heart of Old Fourth Ward. Offering nearly 3,800 square feet of high-demand living space, this property has operated as a top-rated short-term rental since 2021. Ideally located just a 5-minute walk from the Atlanta BeltLine Eastside Trail and sitting directly on the Freedom Trail Path, guests enjoy effortless access to Mercedes-Benz Stadium, Centennial Olympic Park, and Downtown Atlanta. UNMATCHED REVENUE AND FLEXIBILITY: Sold FULLY FURNISHED and equipped for a seamless Day 1 transition. This two-unit duplex setup offers incredible versatility: continue as a high-performing short-term rental, pivot to mid-term corporate housing, or convert to a massive single-family estate. THE LAYOUT: The main level features 3 bedrooms and 2 bathrooms with 12-foot ceilings and an updated chef's kitchen. The upper level is currently an open-concept 2 bedroom, 2 bathroom layout plus a loft-style third bedroom. OUTDOOR EXPERIENCE: Professionally designed, resort-style landscaping in both the front and rear yards consistently drives 5-star guest reviews. With the O4W market exploding, this is a rare chance to own a historically significant, income-producing asset with proven, high-margin returns.

DAYS ON MARKET 65 LAST UPDATED 2/24/2026
TRACT Old Fourth Ward YEAR BUILT 1920
GARAGE SPACES 3.0 COUNTY Fulton
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Hope Hill
Jr. High School David T Howard
High School Grady

PRICE HISTORY
Prior to Feb 24, '26 $1,730,000
Feb 24, '26 - Today $1,690,000


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air, Gas
AIR CONDITIONING Yes
BASEMENT Crawl Space
CONSTRUCTION Other
FIREPLACE Yes
GARAGE Yes
HEAT Central, Natural Gas
LOT 5881 sq ft
PARKING Off Street
SEWER Public Sewer
STORIES 2
SUBDIVISION Old Fourth Ward
TAXES 24563
UTILITIES Sewer Connected
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 540 JOHN WESLEY DOBBS AVENUE NE
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This IDX solution is (c) Diverse Solutions 2026.