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4535 AVONDALE STREET, BETHESDA, MD, 20814
$3,500,000
- 6,121 sq. ft
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 thoughtfully designed and operating as a highly successful mid-term rental catering to corporate relocations, medical professionals, executive housing clients, and extended stay tenants. The property is offered fully turnkey with an established furnished rental operation already in place, generating strong, verifiable income. With a monthly revenue exceeding $23,000+, it presents a rare opportunity to acquire a prime location paired with exceptional, above-market cash flow. Beyond current performance, the asset carries significant long term redevelopment potential. Positioned within the Downtown Bethesda growth corridor and aligned with the Thrive Montgomery 2050 plan and recent county zoning reforms (ZTA 25-02) expanding multi-family density allowances along key corridors, this standalone corner parcel offers a credible path to increased residential density over time. The Washington DC metro multifamily market continues to show sustained renter demand and constrained new supply into 2026, reinforcing rental income durability for investors holding through a redevelopment timeline. This location provides outstanding visibility, accessibility, and flexibility placing residents mere blocks from Bethesda Row, the Bethesda Metro station, premier dining and shopping, major commuter routes, NIH, and Walter Reed. Whether acquired as a stabilized income-producing asset generating above-market yield, or as a strategic land banking investment in one of Montgomery County's most desirable urban submarkets, 4535 Avondale Street represents a rare dual-thesis opportunity: immediate cash flow paired with meaningful upside from future density and value-add redevelopment.
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Year Built:
1950
Days on Market:
6
Listing ID:
MDMC2239142
List Date:
June 10, 2026
Property Type:
Quadruplex
Architecture Style:
Contemporary
County:
MONTGOMERY
Appliances:
Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Washer, Oven/Range - Electric, Icemaker, Water Heater
Total Taxes:
$38,881
Courtesy of Realty of America LLC
This content was last updated on August 11, 2026 02:02
Schools
| Name | Type | Level | Grades | Address | |
|---|---|---|---|---|---|
Bethesda - Chevy Chase High School |
Public | High | 9-12 | 4301 E West Hwy, Bethesda, MD 20814 | |
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District: Montgomery County Public Schools Grade Span: 9 - 12 Admission: Public Address: 4301 E West Hwy, Bethesda, MD 20814 Phone: 240-740-0400 Teachers: 142 Students: 2377 Ratio: 17:1 Students/Teacher Gender: 49% Male / 51% Female Lunch: 20% Free / 4% Reduced Student/Teacher ratioEnrollment |
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Somerset Elementary School |
Public | Primary | KG-5 | 5811 Warwick Pl, Chevy Chase, MD 20815 | |
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District: Montgomery County Public Schools Grade Span: KG - 5 Admission: Public Address: 5811 Warwick Pl, Chevy Chase, MD 20815 Phone: 240-740-1100 Website: http://www.montgomeryschoolsmd.org/schools/somersetes/ Teachers: 21 Students: 314 Ratio: 15:1 Students/Teacher Gender: 53% Male / 47% Female Lunch: 17% Free / 3% Reduced Student/Teacher ratioEnrollment |
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Westland Middle School |
Public | Middle | 6-8 | 5511 Massachusetts Ave, Bethesda, MD 20816 | |
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District: Montgomery County Public Schools Grade Span: 6 - 8 Admission: Public Address: 5511 Massachusetts Ave, Bethesda, MD 20816 Phone: 240-740-5850 Website: http://www.montgomeryschoolsmd.org/schools/westlandms/ Teachers: 53 Students: 839 Ratio: 16:1 Students/Teacher Gender: 49% Male / 51% Female Lunch: 15% Free / 3% Reduced Student/Teacher ratioEnrollment |
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Address: Enrollment |
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| Name | Type | Level | Grades | Address | |
|---|---|---|---|---|---|
Apple Montessori School |
Private | Elementary | PK-KG | 7210 Hidden Creek Rd, Bethesda, MD 20817 | |
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Grade Span: PK - KG Admission: Private Address: 7210 Hidden Creek Rd, Bethesda, MD 20817 Phone: 301-320-8832 Website: http://www.applems.com/ Teachers: 1 Students: 2 Ratio: 2:1 Students/Teacher Gender: 50% Male / 50% Female Student/Teacher ratioEnrollment |
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Bethesda Country Day School |
Private | Elementary | PK-TKG | 5615 Beech Ave, Bethesda, MD 20814 | |
|
Grade Span: PK - TKG Admission: Private Address: 5615 Beech Ave, Bethesda, MD 20814 Phone: 301-530-6999 Teachers: 2 Students: 30 Ratio: 15:1 Students/Teacher Gender: 60% Male / 40% Female Student/Teacher ratioEnrollment |
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Fernwood Montessori School |
Private | Elementary | PK-4 | 10100 Old Georgetown Rd, Bethesda, MD 20814 | |
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Grade Span: PK - 4 Admission: Private Address: 10100 Old Georgetown Rd, Bethesda, MD 20814 Phone: 301-469-4888 Teachers: 3 Students: 25 Ratio: 8:1 Students/Teacher Gender: 68% Male / 32% Female Student/Teacher ratioEnrollment |
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Holton-Arms School |
Private | Combined Elementary/Secondary | 3-12 | 7303 River Rd, Bethesda, MD 20817 | |
|
Grade Span: 3 - 12 Admission: Private Address: 7303 River Rd, Bethesda, MD 20817 Phone: 301-365-6007 Website: http://www.holton-arms.edu/ Teachers: 84 Students: 668 Ratio: 8:1 Students/Teacher Gender: / 100% Female Student/Teacher ratioEnrollment |
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Landon School |
Private | Combined Elementary/Secondary | 3-12 | 6101 Wilson Ln, Bethesda, MD 20817 | |
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Grade Span: 3 - 12 Admission: Private Address: 6101 Wilson Ln, Bethesda, MD 20817 Phone: 301-320-1012 Website: http://www.landon.net/ Teachers: 106 Students: 697 Ratio: 7:1 Students/Teacher Gender: 100% Male Student/Teacher ratioEnrollment |
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Little Flower School |
Private | Elementary | PK-8 | 5601 Massachusetts Ave, Bethesda, MD 20816 | |
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Grade Span: PK - 8 Admission: Private Address: 5601 Massachusetts Ave, Bethesda, MD 20816 Phone: 301-320-3273 Website: http://littleflowerschool.org/ Teachers: 26 Students: 249 Ratio: 10:1 Students/Teacher Gender: 51% Male / 49% Female Student/Teacher ratioEnrollment |
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Mater Dei School |
Private | Elementary | 1-8 | 9600 Seven Locks Rd, Bethesda, MD 20817 | |
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Grade Span: 1 - 8 Admission: Private Address: 9600 Seven Locks Rd, Bethesda, MD 20817 Phone: 301-365-2700 Website: http://www.materdeischool.net/ Teachers: 24 Students: 229 Ratio: 10:1 Students/Teacher Gender: 100% Male Student/Teacher ratioEnrollment |
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Norwood School |
Private | Elementary | PK-8 | 8821 River Rd, Bethesda, MD 20817 | |
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Grade Span: PK - 8 Admission: Private Address: 8821 River Rd, Bethesda, MD 20817 Phone: 301-365-2595 Website: http://www.norwoodschool.org/ Teachers: 75 Students: 428 Ratio: 6:1 Students/Teacher Gender: 53% Male / 47% Female Student/Teacher ratioEnrollment |
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Our Lady of Lourdes School |
Private | Elementary | PK-8 | 7500 Pearl St, Bethesda, MD 20814 | |
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Grade Span: PK - 8 Admission: Private Address: 7500 Pearl St, Bethesda, MD 20814 Phone: 301-654-5376 Teachers: 20 Students: 182 Ratio: 9:1 Students/Teacher Gender: 59% Male / 41% Female Student/Teacher ratioEnrollment |
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Rochambeau-the French International School |
Private | Combined Elementary/Secondary | PK-12 | 9600 Forest Rd, Bethesda, MD 20814 | |
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Grade Span: PK - 12 Admission: Private Address: 9600 Forest Rd, Bethesda, MD 20814 Phone: 301-530-8260 Teachers: 116 Students: 986 Ratio: 9:1 Students/Teacher Gender: 48% Male / 52% Female Student/Teacher ratioEnrollment |
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St Bartholomews School |
Private | Elementary | KG-8 | 6900 River Rd, Bethesda, MD 20817 | |
|
Grade Span: KG - 8 Admission: Private Address: 6900 River Rd, Bethesda, MD 20817 Phone: 301-229-5586 Teachers: 29 Students: 156 Ratio: 5:1 Students/Teacher Gender: 50% Male / 50% Female Student/Teacher ratioEnrollment |
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St Jane de Chantal School |
Private | Elementary | PK-8 | 9525 Old Georgetown Rd, Bethesda, MD 20814 | |
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Grade Span: PK - 8 Admission: Private Address: 9525 Old Georgetown Rd, Bethesda, MD 20814 Phone: 301-530-1221 Website: http://www.dechantal.org/ Teachers: 28 Students: 281 Ratio: 10:1 Students/Teacher Gender: 49% Male / 51% Female Student/Teacher ratioEnrollment |
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Stone Ridge School of the Sacred Heart |
Private | Combined Elementary/Secondary | PK-12 | 9101 Rockville Pike, Bethesda, MD 20814 | |
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Grade Span: PK - 12 Admission: Private Address: 9101 Rockville Pike, Bethesda, MD 20814 Phone: 301-657-4322 Teachers: 123 Students: 719 Ratio: 6:1 Students/Teacher Gender: / 100% Female Student/Teacher ratioEnrollment |
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The Bethesda Montessori School |
Private | Elementary | PK-KG | 7611 Clarendon Rd, Bethesda, MD 20814 | |
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Grade Span: PK - KG Admission: Private Address: 7611 Clarendon Rd, Bethesda, MD 20814 Phone: 301-986-1260 Website: http://www.bethesdamontessori.com/ Teachers: 10 Students: 12 Ratio: 1:1 Students/Teacher Gender: 50% Male / 50% Female Student/Teacher ratioEnrollment |
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The Family Academy of Bethesda |
Private | Elementary | PK-KG | 4324 Montgomery Ave, Bethesda, MD 20814 | |
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Grade Span: PK - KG Admission: Private Address: 4324 Montgomery Ave, Bethesda, MD 20814 Phone: 301-656-5437 Teachers: 2 Students: 1 Ratio: 1:1 Students/Teacher Gender: / 100% Female Student/Teacher ratioEnrollment |
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The Primary Day School |
Private | Elementary | PK-2 | 7300 River Rd, Bethesda, MD 20817 | |
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Grade Span: PK - 2 Admission: Private Address: 7300 River Rd, Bethesda, MD 20817 Phone: 301-365-4355 Website: http://www.theprimarydayschool.org/ Teachers: 22 Students: 108 Ratio: 5:1 Students/Teacher Gender: 56% Male / 44% Female Student/Teacher ratioEnrollment |
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The Woods Academy |
Private | Elementary | PK-8 | 6801 Greentree Rd, Bethesda, MD 20817 | |
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Grade Span: PK - 8 Admission: Private Address: 6801 Greentree Rd, Bethesda, MD 20817 Phone: 301-365-3080 Website: http://www.woodsacademy.org Teachers: 40 Students: 285 Ratio: 7:1 Students/Teacher Gender: 62% Male / 38% Female Student/Teacher ratioEnrollment |
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Washington Episcopal School |
Private | Elementary | PK-8 | 5600 Little Falls Pkwy, Bethesda, MD 20816 | |
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Grade Span: PK - 8 Admission: Private Address: 5600 Little Falls Pkwy, Bethesda, MD 20816 Phone: 301-652-7878 Website: http://www.w-e-s.org Teachers: 44 Students: 290 Ratio: 7:1 Students/Teacher Gender: 51% Male / 49% Female Student/Teacher ratioEnrollment |
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Washington Waldorf School |
Private | Combined Elementary/Secondary | PK-12 | 4800 Sangamore Rd, Bethesda, MD 20816 | |
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Grade Span: PK - 12 Admission: Private Address: 4800 Sangamore Rd, Bethesda, MD 20816 Phone: 201-229-6107 Website: http://www.washingtonwaldorf.org/ Teachers: 73 Students: 253 Ratio: 3:1 Students/Teacher Gender: 51% Male / 49% Female Student/Teacher ratioEnrollment |
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