Anthony Mannie - KAIZEN Realty Logo
$1,568,000
 $8,417 est/mo Sourced by Back At You

32 N Belvedere Blvd 32-3,Memphis, TN 38104

Memphis, TN 38104

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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.

Details

MLS #10219684
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1962
Days On Site140
Listing Provided ByCrye-Leike, Inc., REALTORS | Tyler Tapley

Features

Story(s)1
Units19
Building(s)5

Exterior

RoofBuilt-Up, Flat
ConstructionBrick/Veneer
FoundationOther (See Remarks)

Parking

Parking FacilityConcrete

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38104
AreaCentral Gardens
Subarea746B
Community NameBELVEDERE GARDENS
Listing VS Median (in BELVEDERE GARDENS)
Price:
$1,568,000
low | high
Med:
$0
On site:
140
low | high
Med:
Sourced by Back At You

Market Activity 38104

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Additional Information

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Learn More About This Property

Anthony Mannie

Anthony O. Mannie

KAIZEN Realty

TN Lic# 329984 | MS Lic# B-23257 GRI ABR SRS PSA AHWD C2EX (901) 338-3124mannanth@gmail.com
StateTN
CountyShelby
CityMemphis
Zip Code38104
AreaCentral Gardens
Subarea746B
Community NameBELVEDERE GARDENS
Listing VS Median (in BELVEDERE GARDENS)
Price:
$1,568,000
low | high
Med:
$0
On site:
140
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.176M - $1.96M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
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$249,000
1694 Belvedere Ct 1694
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1694 BELVEDERE CT 1694 Property Photo 1
$215,000
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Memphis, TN 38104
Listing Updated: September 2, 2026 at 9:16:45 AM PDT

Anthony Mannie - KAIZEN Realty