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Joseph Martin

Menkiti Group

jmart561@pm.me +1(561) 716-5970

Listed by Andres Serafini • Realty of America LLC

$ 3,500,000

Est. payment -/mo

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4535 AVONDALE ST Bethesda, MD 20814

6,121 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 6,121 sqft

Price per Sqft $571

MLS Listing ID MDMC2239142

Style Contemporary

Abv Grd Liv Area 6,121

Year Built 1950

Available Date 2026-07-04

Annual Tax Amount $38,881

Tax Year 2026

Lot Size 5,451 Sqft

Acres 0.13

Property Sub-Type Quadruplex

Source BRIGHT

Property Description

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.

Location

State MD

County Montgomery

Zoning CRN0

Rooms

Basement Other, Unfinished, Rear Entrance, Outside Entrance

Interior

Hot Water Electric

Heating Wall Unit

Cooling Ductless/Mini-Split

Equipment Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Washer, Oven/Range - Electric, Icemaker, Water Heater

Fireplace N

Appliance Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Washer, Oven/Range - Electric, Icemaker, Water Heater

Heat Source Electric

Exterior

Garage Spaces 9.0

Parking On Site 9

Water Access N

View City

Accessibility 2+ Access Exits, 36\"+ wide Halls

Total Parking Spaces 9

Garage N

Building

Above Ground Finished SqFt 6121

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade

New Construction N

Schools

Elementary Schools Somerset

Middle Schools Westland

High Schools Bethesda-Chevy Chase

School District Montgomery County Public Schools

Others

Tax ID 160700417604

Ownership Fee Simple

SqFt Source 6121

Security Features Main Entrance Lock,Security System

Special Listing Condition Standard

Virtual Tour https://vimeo.com/916477997?share=copy