4535 Avondale Street, BETHESDA, Maryland image 1
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MLS: #MDMC2239142, Listed By: Andres Serafini, Realty of America LLC, Source:Bright MLS

4535 Avondale Street

BETHESDA, MD 20814
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$3,500,000
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Bed 8

Bed

Bath 0

Bath

SqFt6,121

Sqft

Acres0.13

Acre(Lot)

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 thoughtfully designed and operating as a highly successful mid-term rental catering to corporate relocations, medical professionals, executive housing clients, and extended stay tenants. The property is offered fully turnkey with an established furnished rental operation already in place, generating strong, verifiable income. With a monthly revenue exceeding $23,000+, it presents a rare opportunity to acquire a prime location paired with exceptional, above-market cash flow. Beyond current performance, the asset carries significant l ong term redevelopment potential. Positioned within the Downtown Bethesda growth corridor and aligned with the Thrive Montgomery 2050 plan and recent county zoning reforms (ZTA 25-02) expanding multi-family density allowances along key corridors, this standalone corner parcel offers a credible path to increased residential density over time. The Washington DC metro multifamily market continues to show sustained renter demand and constrained new supply into 2026, reinforcing rental income durability for investors holding through a redevelopment timeline. This location provides outstanding visibility, accessibility, and flexibility placing residents mere blocks from Bethesda Row, the Bethesda Metro station, premier dining and shopping, major commuter routes, NIH, and Walter Reed. Whether acquired as a stabilized income-producing asset generating above-market yield, or as a strategic land banking investment in one of Montgomery County’s most desirable urban submarkets, 4535 Avondale Street represents a rare dual-thesis opportunity: immediate cash flow paired with meaningful upside from future density and value-add redevelopment.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,500,000

AD Id : 82926139

MLS Id : MDMC2239142

Beds : 8

Lot Size : 0.13 Acre

Living Area Size : 6,121

Year Built : 1950

County : MONTGOMERY

  • Map Map

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Feature Features

  • Bedroom Information

    Total beds: 8

    Room Information

    Has Basement: Yes Basement: Exterior Entry, Other, Unfinished

  • Interior Features

    Appliances: Electric Range, Electric Oven, Electric Water Heater, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliance(s), Washer, Ice Maker, Water Heater, Microwave

  • Heating & Cooling

    Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Ductless, Electric

  • Building Information

    Year Built: 1950 Building Area Total: 6121 Construction Materials: Brick Pool Features: None Private Pool: No View: City

  • Lot Information

    Lot Size Acres: 0.13 Lot Size Source: Assessor Lot Size Square Feet: 5451

  • Listing Price Information

    Listing Price: $3500000

  • Tax Information

    Parcel Number: 160700417604 Tax Lot: 5 Tax Year: 2026 Annual Tax: $38881

  • Parking Information

    Parking Total: 9 Off Street, Assigned

  • School Information

    Elementary School: SOMERSET
    Junior High School: WESTLAND
    Senior High School: BETHESDA-CHEVY CHASE

  • Location Information

    Direction: Wisconsin to Avondale WaterSource: Public Security Features: Security System
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5812 Greenlawn Drive, Bethesda, MD, 20814 $1,050,000 4 -- 3,173 3,173 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 08/27/2026 @ 07:18

MLS: MDMC2239142 LISTED BY: Andres Serafini, Realty of America LLC 301-798-9298 SOURCE: Bright MLS

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