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Listing Detail - Nashville Home and Farms

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Memphis, TN 38104 32 N BELVEDERE BLVD

$1,568,000

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13 more
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Presented By: Crye-Leike, Inc., REALTORS
  • MLS# 10219684
  • 04/20/2026
  • Request Tour
  • Request Info
  • Beds • 50
  • Baths • 19
  • SQFT • 946

Home Details

Investment Opportunity in Midtown Memphis! Seller is selling 19 individual units (42 total bedrooms & 19 bathrooms). Properties are professionally managed and seller is interested in a bulk sale buyer to buy all 19 doors. Monthly current rent is $17,410 per monthly and each individual unit has a $160 per monthly HOA fee. There are five 3 bedroom units, thirteen 2 bedroom units, and 1 one bedroom unit at the properties. Units have been well maintained and only one unit is vacant as of April 2026. Seller continues to upgrade & repair existing inventory as needed. Three bedroom units are renting for as much as $1325 monthly and two bedrooms are renting for as much as $1200 monthly. This could be a great addition to your rental portfolio. Existing management company is in place and will gladly continue to manage. Units include parking and washer/dryer connections on site. Stabilized pro forma is attached and included! ONLINE VIDEO AVAILABLE UPON REQUEST.
Presented By: Crye-Leike, Inc., REALTORS

Interior Features for 32 N BELVEDERE BLVD

Bedrooms

# 1 Bedroom Units1
# 2 Bedroom Units5
# 3 Bedroom Units13

Other Interior Features

Total # of Units19
# Efficiency/Studio Units0
# Other Units
FLOORS/CEILINGSTile
Hot WaterPublic Sewer, Public Water

General for 32 N BELVEDERE BLVD

Annual City Tax597
Annual County Tax622
Area746B
AreaCentral Gardens
COOLING SYSTEMSCentral
CityMemphis
ClassMulti-Family
ConstructionBrick/Veneer
CountyShelby
DOM100
DirectionsTake Exit 12B off I-240 E turning W onto Sam Cooper Blvd, Turn S onto E Parkway N, W onto Poplar Ave, S onto N Belvedere Blvd, The units will be on your L.
HEATING SYSTEMSCentral
Laundry Y/NConnections, Dryer in Unit, Washer in Unit
Legal Subdivision NameBELVEDERE GARDENS
OPERATING EXPENSESManagement, On-Site Management, Some Utilities
Parcel Number017043 B00003
RoofBuilt-Up, Flat
Sale/RentFor Sale
Service TypeFull Service Listing
StatusActive
StatusActive
Status Detail0
Stories Count1
TypeOther (See REMARKS)
Unit Number32-3
Year Built1962

Exterior for 32 N BELVEDERE BLVD

FoundationOther (See Remarks)
Lot Size.20
Number of Buildings5
Parking FacilityConcrete

Additional Details

Price History

Anthony Martin

Agent | Owner
Price $1,568,000
MLS#10219684
List Date 04/20/2026
Property Type Multi-Family
Phone (731) 616-9391
Request Tour
Request Info
Visit My Website

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