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4535 AVONDALE ST
Bethesda, MD 20814
Quick Facts
- Area:6121sq ft
- Style:Contemporary
- Year Built:1950
- Lot Size:0.13 acres
Description:
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.
| Status | Active |
| Added to RealtyWatch | September 8, 2026 - 56 days ago |
| Listing Office | Realty of America LLC, Andres A Serafini |
| MLS ID | MDMC2239142 |
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Interior
- Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Washer, Oven/Range - Electric, Icemaker, WaterHeater
- Basement: Other, Unfinished, Rear entrance, Outside entrance
- A/C: Ductless/Mini-Split
- Heating: true, Wall Unit, Electric
- Disability Feature: 2+ Access Exits, 36"+ wide Halls
Exterior
- General: Above Grade
- Style: Contemporary
- Parking: Assigned
Construction
- General: Brick
Location
- Originating MLS: BRIGHT_MAIN
- School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
- County: MONTGOMERY-MD
Lot
- Zoning: CRN0, 160700417604
- View: City
Utilities
- Water: Public
- Sewer: Public Sewer
Financial
- Source: BRIGHT_MAIN
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