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32 N BELVEDERE BLVD Memphis, TN $ 1,568,000
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32 N BELVEDERE BLVD
$ 1,568,000
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32 N BELVEDERE BLVD

Memphis, TN, 38104
$ 1,568,000
Bedrooms50 Baths19.0 Sq 946

Monthly Estimate*

$ 9,654

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Multi-Family Home for sale in Memphis, TN

for $1,568,000 with 50 bedrooms and 19 full baths. This 946 square foot home was built in 1962.

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. ONLINE VIDEO AVAILABLE UPON REQUEST.

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Multi-Family Active

Price

$ 1,568,000

Bedrooms

50

Full Bath

19

Property Type

Multi-Family

Taxes

$ 1,219

Style

Year Built

1962

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10219684
Features
General
Roof Built-Up Flat
Construction Brick/Veneer
Status Active Active
Legal Subdivision Name BELVEDERE GARDENS
Stories Count 1
County Shelby
Class Multi-Family
Laundry Y/N Connections Dryer in Unit Washer in Unit
Type Other (See REMARKS)
Area 746B Central Gardens
Unit Number 32-3
Parcel Number 017043 B00003
Sale/Rent For Sale
Status Detail 0
Year Built 1962
Directions Take 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.
City Memphis
DOM 2
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Exterior
Foundation Other (See Remarks)
Number of Buildings 5
Lot Size .20
Parking Facility Concrete
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Interior
Hot Water Public Sewer Public Water
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* Excluded Features
List By
Crye-Leike, Inc., Realtors

Broker

Affordability Calculator

$9,756
Per Month
99%
1%
0%
Monthly Principal & Interest
$9,654
Monthly Property Taxes
$102
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4/20/2026$1,568,000 Listed Price

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32 N BELVEDERE BLVD, Memphis, TN, 38104 is a Multi-Family Home for sale at $1,568,000 with 946 sqft. 32 N BELVEDERE BLVD has 50 bedrooms, 19.0 baths, and was built in 1962. The property's zip code is 38104 which is in Memphis, TN

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