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4535 Avondale St, 
Bethesda, MD 20814

$3,500,000


8

Beds


Bath


6,121

Sq Ft


Multi-Family

Active

Listed by

Andres A Serafini

Yassmine Niktash

Realty Of America LLC., 3017989298, dmv.broker@realtyofamerica.com

Last updated:

September 13, 2026, 01:34 PM

MLS#

MDMC2239142

Source:

BRIGHTMLS

About This Home

4535 Avondale St

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 long 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.

Home Facts

Multi-Family

8 Bedrooms

Built in 1950

Price Summary

3,500,000

$571 per Sq. Ft.

MLS #:

MDMC2239142

Last Updated:

September 13, 2026, 01:34 PM

Added:

5 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8


Structure

Structure

Architectural Style:

Contemporary

Building Area:

6,121 Sq. Ft.

Year Built:

1950


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$3,500,000

Price per Sq. Ft:

$571 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.