• 19 days on site
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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.

Source: BRIGHT MLS, MLS#: MDMC2239142

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  • Property Type
    Residential Income
  • Lot
    0.13 acres

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Marie DeCicco

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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 4535 AVONDALE STREET


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
6/10/2026Source: BRIGHT MLS Added to Database
June 10, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
Listing provided courtesy of Realty of America LLC- MLS# MDMC2239142MLS ProviderContact Information: [email protected] - 3017989298