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4535 AVONDALE STREETBETHESDA, MD 20814

Multi-Family · 6,121 Sq. ft. | 0.13 Acres
$3,500,000 COMING SOON - 08/04/2026

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.

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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

39
Median Age
5,792
Population Density (per sq. mile)
87%
College Educated
$137,962
Estimated Median Income
7,112
Estimated Total Home Owners
6,059
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

4535 AVONDALE STREET Monthly Cost

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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.

4535 AVONDALE STREET Market Data

Based on the last 30 days in this zip code

$1,083,927
Average List Price
$451
Average Price per Square Foot
29
Properties Sold
79
Average Days on Market
167
Properties for Sale
Calculations provided by Reliance Network

4535 AVONDALE STREET 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