4535 Avondale St - Apartments FOR SALE


Bethesda, MD 20814- Downtown Bethesda
$3,500,000 USD
202-949-3939
4535 Avondale St, Bethesda, MD for Sale
$3,500,000 USD
Apartments - FOR SALE
1/45
null | Request Cap Rate

4535 Avondale St
Bethesda, MD 20814
Downtown Bethesda


HIGHLIGHTS

  • Fully renovated and fully furnished four-unit multifamily property with four luxury 2-bed, 2-bath residences.
  • Located on a prominent corner lot just blocks from Bethesda Row, the Metro station, NIH, Walter Reed, premier dining, shopping, and major amenities
  • Positioned within the Downtown Bethesda growth corridor and aligned with the Thrive Montgomery 2050 plan

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$572 USD /SF

# OF UNITS

4

PRICE/UNIT

$875,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

CRN

APN/PARCEL ID

07-00417604

ASK ABOUT THIS PROPERTY

Andres SerafiniRealty Of America, LLCMore Info
202-949-3939

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Andres SerafiniRealty Of America, LLCMore Info
202-949-3939

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.