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Renovated Residential Income Property
For Sale
$395,000

5101 RIVER RD #1515, Bethesda, MD 20816

BETHESDA, MD

Property SizeContact for details
Days on Market67

Property Features for 5101 RIVER RD #1515

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2
Subdivision THE KENWOOD
Elementary school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Middle school district MONTGOMERY COUNTY PUBLIC SCHOOLS
High school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Standard status Active

Amenities

24-hour concierge
secure package handling
fitness center
party room
outdoor pool
picnic areas
grills

Building Details

Year built 1969
Listing Agency: One Bethesda
Listed By: Wendy L Soroka
Added: Jul 11 Changed: Sep 12 Last Checked: Sep 15 at 5:06AM
MLS# MDMC2238858

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Unit 1515 is a renovated two-bedroom, two-bath condominium in The Kenwood, with refreshed interiors and a practical residential layout. Improvements include quartz kitchen counters, GE Profile stainless steel appliances, a five-burner gas cooktop, soft-close cabinetry, luxury vinyl plank flooring, crown molding, oversized baseboards, and new closet doors. The primary bath has been updated with stone counters and a walk-in shower, while the second bedroom can accommodate guests, office use, or daily living.

The full-service building provides a 24-hour concierge, secure package handling, two reserved garage parking spaces, guest parking, a fitness center, party room, outdoor pool, picnic areas, and grills. Condominium fees include utilities. The property is near downtown Bethesda, Friendship Heights, Metro, NIH, Walter Reed National Military Medical Center, shopping, dining, and major commuter routes.

Key Highlights

  • Two‑bedroom, two‑bath condominium renovated throughout
  • Quartz counters, GE Profile stainless appliances, and five‑burner gas cooktop
  • Primary bath with stone countertops and walk‑in shower

Property Analytics

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Current Use

BMA Engineering Inc Engineer The Kenwood Condominium Condominium Complex Knobs Electronics LLC Corporate Office nastro group Employment Agency Multipartner Computer & Electronic Repair

Suggested Use

Top Pick Electrical Service Barber Shop Big Box & Wholesale Store Hair Salon Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,068
Businesses Nearby

Demographics for 20816, MD

17,035
Population
6,779
Households
2.5
Avg Household Size
45
Median Age
89%
College-Educated
98%
High-School Grad
3.6 sq mi
ZIP Area
4,732
Density / Sq Mi
$231,284
Median Household Income
$112,963
Median Earnings
$2,723
Median Rent
$1,166,100
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - Updated condominium residence with full-service amenities, reserved garage parking, and access to Metro, shopping, dining, and commuter routes.
Where is this residential income property located?
The property is located at 5101 RIVER RD #1515 Bethesda, MD.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath condominium renovated throughout; Quartz counters, GE Profile stainless appliances, and five‑burner gas cooktop; Primary bath with stone countertops and walk‑in shower
More about this property
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