name

4535 AVONDALE STREET

  • BETHESDA, MD
  • $3,500,000
$3,500,000

4535 AVONDALE STREET

8 Beds 6,121 Sq.Ft. 5,451 Sq.Ft.

Description

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

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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Andres Serafini

EM

Andres Serafini

REALTOR®, Co-Founder of Realty Of America

627230

Yasmin Niktash

EM

Yasmin Niktash

REALTOR®

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.

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