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.
Bethesda is located in Maryland. Bethesda, Maryland has a population of 66,294. Bethesda is more family-centric than the surrounding county with 41.99% of the households containing married families with children. The county average for households married with children is 37.16%.
The median household income in Bethesda, Maryland is $178,370. The median household income for the surrounding county is $117,345 compared to the national median of $69,021. The median age of people living in Bethesda is 43 years.
The average high temperature in July is 86.7 degrees, with an average low temperature in January of 25.3 degrees. The average rainfall is approximately 42.7 inches per year, with 17.2 inches of snow per year.
