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4535 Avondale Street Bethesda, MD $ 3,500,000
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$ 3,500,000 Get more info
4535 Avondale Street
$ 3,500,000
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4535 Avondale Street

Bethesda, MD, 20814
$ 3,500,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 24,174

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Multi-Family Home for sale in Bethesda, MD

for $3,500,000 with 8 bedrooms. This home was built in 1950 on a lot size of 0.13.

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.

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Multi-Family Active

Price

$ 3,500,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 38,881

Style

Contemporary

Lot Size

0.13

Year Built

1950

Town/City

Bethesda

County/Region

Montgomery

MLS | Web ID

MDMC2239142
Features
General
Living Area 6121
Sewer Public Sewer
Heating Wall Unit
Cooling Ductless/Mini-Split
Possession Settlement
Appliances Built-In Microwave Dishwasher Disposal Dryer Refrigerator Stainless Steel Appliances Washer Oven/Range - Electric Icemaker Water Heater
Zoning CRN0
Architectural Style Contemporary
Security Features Main Entrance Lock Security System
Construction Materials Brick
School District MONTGOMERY COUNTY PUBLIC SCHOOLS
Year Built 1950
View City
Property Subtype Quadruplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Accessibility 2+ Access Exits 36 + wide Halls
County MONTGOMERY
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions Wisconsin to Avondale
City BETHESDA
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 5451.00
Tax Annual Amount 38881.0
Home Warranty Y/N N
Two Bedroom 4
Structure Type Other
Price Per Sq Ft Total AG 571.8
Vacation Rental Y/N N
Virtual Tour https://vimeo.com/916477997?share=copy
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Legal Subdivision BETHESDA OUTSIDE
Tax Lot 5
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Interior
Heating Fuel Electric
Basement Other Unfinished Rear Entrance Outside Entrance
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Parking Features Assigned
Water Source Public
Type of Parking Off Street
Water View Y/N N
Lot Size Acres 0.13
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 4535
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* Excluded Features
List By
Realty Of America Llc

Broker

andres@twgrealtors.com

Email

Affordability Calculator

$27,414
Per Month
88%
12%
0%
Monthly Principal & Interest
$24,174
Monthly Property Taxes
$3,240
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3536396 Elementary School
3535716 Middle School
Bethesda-Chevy Chase High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/11/2026$3,500,000 Listed Price

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4535 Avondale Street, Bethesda, MD, 20814 is a Multi-Family Home for sale at $3,500,000 with a lot size of 0.13. 4535 Avondale Street has 8 bedrooms, 0.0 baths, and was built in 1950. The property's zip code is 20814 which is in Bethesda, MD

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