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32 N BELVEDERE BLVD #32-3, Memphis, TN 38104

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
32 N BELVEDERE BLVD #32-3,Memphis, TN 38104
$1,568,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tyler tapley
Office: crye-leike, inc., realtors
MLS#:10219684
Source:TN_MAAR

Price summary

  • Price:$1,568,000

About this home

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.

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Home facts

  • Year built:1962
  • Listing ID #:10219684
  • Added:54 day(s) ago
  • Updated:June 14, 2026 at 10:50 AM

Rooms and interior

  • Flooring:Tile

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Roof:Built-Up, Flat
  • Year built:1962
  • Levels:1 Story

Finances and disclosures

  • Price:$1,568,000
  • Tax amount:$1,219
Listing content and images Copyright© 2026 Memphis Area Association of REALTORS®. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. TN_MAAR Member Broker: Connie Farina

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