32 N BELVEDERE BLVD #32-3, Memphis, TN 38104
Local realty services provided by:CENTURY 21 Home First Realtors
32 N BELVEDERE BLVD #32-3,Memphis, TN 38104
$1,533,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: tyler tapley
Office: crye-leike, inc., realtors
MLS#:10219684
Source:TN_MAAR
Price summary
- Price:$1,533,000
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
- Subdivision & Development:BELVEDERE GARDENS
- Listing ID #:10219684
- Added:197 day(s) ago
- Updated:November 04, 2026 at 02:12 PM
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:$1,533,000
- Tax amount:$1,219
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