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20-24 N BELVEDERE BLVD Memphis, TN $ 1,176,000
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20-24 N BELVEDERE BLVD
$ 1,176,000
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20-24 N BELVEDERE BLVD

Memphis, TN, 38104
$ 1,176,000
Bedrooms4 Baths12.0

Monthly Estimate*

$ 7,425

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Multi-Family Home for sale in Memphis, TN

for $1,176,000 with 4 bedrooms and 12 full baths. This home was built in 1920.

Mid-Term Rental Investment Opportunity – 20-24 N. Belvedere Blvd, Memphis, TN 38104 Turnkey cash-flowing asset in the heart of Midtown Memphis! This 12-unit multifamily property is currently operating as a successful mid-term rental portfolio, generating an impressive $12,000–$14,000 per month in rental revenue. The property offers a mix of furnished units and is ideally positioned near Memphis' major medical facilities, making it highly attractive to traveling nurses, healthcare professionals, corporate travelers, and extended-stay guests! Location is a major advantage. Situated in one of Memphis' most walkable neighborhoods, residents and guests enjoy convenient access to local dining, coffee shops, entertainment, and everyday necessities. Popular Midtown destinations such as I Love Pho ? & Dumplings-Midtown Location, FLAME RAMEN, Just Love Coffee & Cafe - Memphis, Sekisui, and Casablanca are just minutes away for your guests.

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Multi-Family Active

Price

$ 1,176,000

Bedrooms

4

Full Bath

12

Property Type

Multi-Family

Taxes

$ 15,448

Style

Apartment Complex

Year Built

1920

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10223428
Features
General
Roof Pitched Shingle/Shake
Construction Brick Wood/Composition
Amenities Cable T.V. Balcony/Patio Wallpaper Drapes/Curtains Dumpster
Status Active Active
Legal Subdivision Name VOEGELI
County Shelby
Class Multi-Family
Laundry Y/N Common Laundry Equipment Owned
Type Apartment Complex
Area 751Y Midtown/Holmes
Sale/Rent For Sale
Status Detail 0
Year Built 1920
Directions Heading west on Madison take a right on Belvedere
City Memphis
DOM 16
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Exterior
Foundation Laundry Facility Slab Unfinished Basement
Number of Buildings 4
Lot Size .17
Parking Facility 1 Per Unit Asphalt/Blacktop
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Interior
Hot Water Gas Public Sewer
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* Excluded Features
List By
Evernest Too, Llc

Broker

Affordability Calculator

$8,713
Per Month
85%
15%
0%
Monthly Principal & Interest
$7,425
Monthly Property Taxes
$1,287
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
6/8/2026$1,176,000 Listed Price

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20-24 N BELVEDERE BLVD, Memphis, TN, 38104 is a Multi-Family Home for sale at $1,176,000. 20-24 N BELVEDERE BLVD has 4 bedrooms, 12.0 baths, and was built in 1920. The property's zip code is 38104 which is in Memphis, TN

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