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About This Home
This 0-bedroom, 0-bathroom residential multi family at 32 N BELVEDERE in Memphis, TN is listed for $1,568,000. Built in 1962, on a N/A lot.
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.
Key Features
- Built in 1962
Property Details
Monthly Cost Estimate
$8,386/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
32 N BELVEDERE
Memphis, TN 38104
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 32 N BELVEDERE is listed at $1,568,000. The estimated monthly payment is $6,795 based on 20% down at 6.5% interest.
Key features include: Built in 1962.
This property is listed by Tyler Tapley and can be reached at 9018711290 or tylertapley@gmail.com.