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19-Unit Multifamily Apartment Building

32 N BELVEDERE Blvd Memphis, TN 38104

Claim this Listing
For Sale
$1,568,000

MULTI_FAMILY - Memphis, TN

Property size:
946 SF
Price / SF:
$1,657/SF
Added:
Apr 20, 2026
Days on Market:
86
Last Refresh:
Jul 14 at 4:06 am

Property Features for 32 N BELVEDERE Blvd

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Size
946 SF

Taxes and HOA fees

Tax Annual Amount
622

Building Details

Year built
1962

Listing agent Tyler Tapley License #296080

Listing office Crye-Leike, Inc., REALTORS 6525 N Quail Hollow Rd, Memphis, TN

Listing date Apr 20, 2026

MLS# 10219684 Listing URL

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale multifamily property consists of 19 individual apartment units totaling 42 bedrooms and 19 bathrooms. The current unit mix includes five three-bedroom units, thirteen two-bedroom units, and one one-bedroom unit. As of April 2026, the seller reports that only one unit is vacant, with the remaining units occupied. Each unit includes parking and has washer/dryer connections on site. The units are professionally managed, and the seller indicates ongoing upgrades and repairs are being made as needed.

The property is located at 32 N Belvedere Blvd in Memphis, Tennessee 38104, described by the seller as being in Midtown Memphis. The seller is offering the opportunity for a bulk buyer to acquire all 19 doors, with the existing management company in place and willing to continue managing the property.

For tenants and operators, the mix of unit sizes and on-site laundry connections support flexible resident needs across one-, two-, and three-bedroom households. For buyers, the offering is structured as a whole-building sale with professionally managed operations and a reported monthly HOA fee of $160 per unit.

Key Highlights

  • Investment package with 19 individual units and 42 total bedrooms across the property
  • Unit mix includes five 3BR, thirteen 2BR, and one 1BR unit
  • Current monthly rent totals $17,410; three‑bedroom units rent up to $1,325 and two‑bedroom units up to $1,200

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Electrical Service Home Appliance Store HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Veterinary Clinic Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Professionally managed 19-unit property with parking and washer/dryer connections, available for bulk purchase.
Where is this apartment building located?
The property is located at 32 N BELVEDERE Blvd Memphis, TN.
What is the asking price?
The asking price for this property is $1,568,000.
What are key features of this property?
This property features: Investment package with 19 individual units and 42 total bedrooms across the property; Unit mix includes five 3BR, thirteen 2BR, and one 1BR unit; Current monthly rent totals $17,410; three‑bedroom units rent up to $1,325 and two‑bedroom units up to $1,200
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