4535 AVONDALE STREET Overview
- Time on Site:
- 19 days
- Visits:
- 1
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.
4535 AVONDALE STREET Facts & Features
- Type Multi-Family
- Sq. ft. 6,121
- Price/Sq.ft. $572
- Lot 0.13 Acres
Details
General
School Information
- Elementary School: SOMERSET
- Middle Or Junior School: WESTLAND
- High School: BETHESDA-CHEVY CHASE
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 6121
- Year Built: 1950
Location/Region
- Country: US
- County: MONTGOMERY
- County Or Parish: MONTGOMERY
- In City Limits: Yes
Parking Information
- # of Assigned Spaces: 9
- Total Parking Spaces: 9
- Type of Parking: Off Street
Tax Information
- City/Town Tax Payment Frequency: Annually
- Tax Annual Amount: $38,881.00
- Tax Assessed Value: 3209567.00
- Tax Year: 2026
General Information
- Property Sub Type: Quadruplex
- Property Type: Multi-Family
- School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS
- Special Listing Conditions: Standard
- Vacation Rental: No
- Zoning: CRN0
Unit Information
- Other Units: Unit 1,Unit 2,Unit 4,Unit 3
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Electric
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: Other
Building Interior
- Above Grade Finished Area: 6121
- Above Grade Finished Area Source: Assessor
- Above Grade Finished Area Units: Square Feet
- Central Air: No
- Hot Water: Electric
General Information
- Accessibility Features: 2+ Access Exits,36+ wide Halls
- Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Washer, Oven/Range - Electric, Icemaker, Water Heater
- Cooling: Ductless/Mini-Split
- Fireplace: No
- Living Area: 6121
- Living Area Source: Assessor
- Security Features: Main Entrance Lock,Security System
Unit Information
- One Bedroom Units Count: 0
- Single Room Units Count: 0
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 4
Exterior
Parking Information
- Parking Features: Assigned
Lot Information
- Lot Size Acres: 0.13
- Lot Size Source: Assessor
- Lot Size Square Feet: 5451.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- View: City
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Contemporary
- Construction Materials: Brick
General Information
- Number Of Units Total: 4
- Other Structures: Above Grade
- Sewer: Public Sewer
- Water Access: No
Unit Information
Unit 4 Details
- Unit Type: Unit 1
- Beds Total: 2
Unit 1 Details
- Unit Type: Unit 2
- Beds Total: 2
Unit 2 Details
- Unit Type: Unit 3
- Beds Total: 2
Unit 3 Details
- Unit Type: Unit 4
- Beds Total: 2
4535 AVONDALE STREET Neighborhood
Community
20814 (BETHESDA) Demographics
4535 AVONDALE STREET Monthly Cost
4535 AVONDALE STREET Market Data
Based on the last 30 days in this zip code
4535 AVONDALE STREET History
| Date | Value | Agent |
|---|---|---|
| 6/10/2026Source: BRIGHT MLS | June 10, 2026 |
|
| 12/3/2024Source: BRIGHT MLS | August 10, 2021 |
Contact Information: [email protected] - 3017989298

