BEDS50
BATHS
MLS#10219684
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBELVEDERE GARDENS
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central
Heating: Central
Roof Type: Built-Up, Flat
Stories: 1.0
Year Built: 1962
Feature Descriptions
Days on Site: 53
Floors/ Ceilings: Tile
Units: 19
Listed By / Shown By
Listed By
Agency Name: Crye-Leike, Inc., REALTORS
Shown By
Agent Name: Destin Westmoreland
Agent Phone: (662) 253-0808
Agency Title: Local Agency Realty Group
Estimate Your Payment
Estimated Payment
$ 9,377.08 per month $8,919.74 Principal & Interest $0.00 Property Tax (data not provided by mls) $457.33 Homeowner's Insurance
32 N Belvedere Blvd, Unit 32-3 | MLS# 10219684
This multi-family property located at 32 N Belvedere Blvd, Unit 32-3, Memphis, TN 38104 is currently listed for sale with an asking price of $1,568,000. Search Memphis real estate on destin.localagencyrealty.com today.