Exceptional investment opportunity in the heart of Downtown Bethesda. Situated on a prominent corner lot, 4535 Avondale Street is a fully renovated and fully furnished four-unit multifamily property featuring four luxury 2-bedroom, 2-bathroom residences. Each unit is thoughtfully designed and operates as a highly successful mid-term rental catering to corporate relocations, medical professionals, executive housing clients, extended stay tenants, and more. The property is being offered fully turnkey with established operations in place and strong income-producing history.
Beyond its current performance, the property offers significant long-term redevelopment potential. Located within the Downtown Bethesda growth corridor and positioned to benefit from the Thrive Montgomery 2050 plan, this rare standalone corner parcel presents future opportunities for increased residential density, making it attractive to both cash-flow investors and long-term developers.
The building's location provides outstanding visibility, accessibility, and development flexibility while placing residents mere blocks from Bethesda Row, Bethesda Metro station, premier dining, shopping, major commuter routes, NIH and Walter Reed, this asset combines strong current performance with exceptional long-term potential. Whether acquired as a stabilized income-producing asset or as a strategic land investment in one of Montgomery County's most desirable urban markets, 4535 Avondale Street represents a rare opportunity to own a premier multifamily property in Downtown Bethesda.
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Location
4535 AVONDALE STREET, BETHESDA, MD 20814
Status
Coming Soon
1950
1950
Year Built
8
8
Total Bedrooms
6,121
6,121
Sq.Ft.
Living Space
5,451
5,451
Sq.Ft.
Lot Size
Floor Plans
01
Interior
Total Bedrooms
8
Appliances
Electric Range, Electric Oven, Electric Water Heater, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliance(s), Washer, Ice Maker, Water Heater, Microwave
01
Exterior & Building
Water Source
Public
Pool
None
Parking
Off Street, Assigned
Heat Type
Electric
Air Conditioning
Ductless, Electric
Sewer
Public Sewer
Disability Features
Accessible Hallway(s)
Security Features
Security System
01
Lot & Area
Status
Coming Soon
Living Area
6,121 Sq.Ft.
Total Area
6,121 Sq.Ft.
Lot Size
5,451 Sq.Ft.
MLS® ID
MDMC2239142
Type
Multi-Family
Year Built
1950
Neighborhood
Bethesda
Architecture Styles
Contemporary
View Description
City
Elementary School
SOMERSET
Middle School
WESTLAND
High School
BETHESDA-CHEVY CHASE
School District
MONTGOMERY COUNTY PUBLIC SCHOOLS
01
Finance
Sales Price
$3,500,000
Real Estate Taxes
$38,881/yr
Zoning
CRN0
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A true DMV native, Yasmin combines deep local insight with a background in sustainable home design. Known for her calm confidence and thoughtful approach, she guides clients with care, strategy, and lasting support beyond the sale.
A true DMV native, Yasmin combines deep local insight with a background in sustainable home design. Known for her calm confidence and thoughtful approach, she guides clients with care, strategy, and lasting support beyond the sale.