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$3,500,000
6,121
square ft

4535 Avondale Street
Bethesda, Maryland 20814

Active / MLS #MDMC2239142 / Multiple Unit (2-4) / Bethesda
Listing information updated 10/5/2026 at 9:21am
TROPHY INVESTMENT: Fully Furnished 4-Unit Multifamily | 7.02% Cap Rate | Downtown Bethesda Growth Corridor. Rare opportunity to acquire 4535 Avondale Street, a turnkey, fully renovated 4-unit luxury residential asset in the heart of Downtown Bethesda. Operating as a highly successful mid-term rental (MTR) catering to corporate relocations, medical professionals (NIH & Walter Reed), and executive housing, this fully furnished property delivers immediate, high-yield cash flow paired with exceptional long-term redevelopment upside. FINANCIAL & OPERATIONAL HIGHLIGHTS Turnkey Cash Flow: Generating $23,000-$30,000/month ($324,000 GPI baseline) with a strong 7.02% Cap Rate ($245,770 NOI) at a $3.5M asking price. Great Occupancy: booked and stabilized, offering immediate income continuity from day one. The Asset: Four fully furnished luxury 2-bedroom, 2-bathroom residences featuring ductless mini-split cooling, high-efficiency appliances, and only property in the area with 9 assigned off-street parking spaces.
Architecture Style:
Contemporary
Basement:
Other,Unfinished,Rear Entrance,Outside Entrance
Cooling System:
Ductless/Mini-Split
Heating System:
Wall Unit
Appliances:
Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Washer, Oven/Range - Electric, Icemaker, Water Heater
Pool:
No
Age:
76 Years
Parking Type:
Assigned
Parking Spaces:
9
Water Front:
No
Square Feet:
6,121
Lot Size:
5451.00 Square Feet
Acreage:
0.13
Tax Amount:
$38,881
Tax Year:
2026
Zip Code:
20814
City:
Bethesda
County:
Montgomery
School District(s):
MONTGOMERY COUNTY PUBLIC SCHOOLS
Elementary School:
Somerset
Middle School:
Westland
High School:
Bethesda-Chevy Chase

Listing Office: Realty of America LLC

Listing Office Phone: 301.798.9298

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Bethesda

Bethesda, MD

Bethesda, a city rooted in history and sophistication, houses leading institutions like the National Institutes of Health. Its growth from a small village to a bustling city is marked by significant development and expansion. With a rich cultural heritage, superior amenities, and commitment to innov...

WMATA

WMATA
Red line at Bethesda
$1,408,269
Average Sale Price
38
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 4535 Avondale Street, Bethesda, MD 20814

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4535 Avondale Street, Bethesda, MD 20814 is a multiple unit (2-4) currently listed at $3,500,000. This multiple unit (2-4) has been listed on RLAH @properties since September 8th, 2026 and was built in 1950. Nearby schools include Somerset, Westland, and Bethesda-Chevy Chase.

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