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.
Listed By
Agency Name: Crye-Leike, Inc., REALTORS
Shown By
Agency Title: CRYE-LEIKE Executive Realty
Agency Phone: (866) 301-3377
Estimated Payment
$ 9,333.24 per month $8,875.91 Principal & Interest $0.00 Property Tax (data not provided by mls) $457.33 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
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 www.realestateinbowlinggreen.com today.