19-Unit Apartment Building
For Sale
$1,568,000
32 N BELVEDERE BLVD #32-3, Memphis, TN 38104
Unit mix includes one-, two-, and three-bedroom apartments with on-site parking and washer/dryer connections.
Property Size946 SF
Days on Market133
Property Features for 32 N BELVEDERE BLVD #32-3
General Information
Standard status
Active
Size
946 SF
Property subtype
Multi-Family
Units
Unit Mix
5 x 3BR, 13 x 2BR, 1 x 1BR
Multifamily Units
19
Additional Details
Gross Income
$208,920
Amenities
parking
washer/dryer connections
Building Details
Building Size
946 SF
Year Built
1962
Stories
1
Listing Agency:
Crye-Leike, Inc., REALTORS
(901) 871-1290
Listed By:
Tyler Tapley · License #296080
(901) 871-1290
Source:
Justinblance.kw
Added: Apr 20
Changed: Aug 29
Last Checked: Aug 29 at 4:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crye-Leike, Inc., REALTORS
Investment Insights
Based on property information with market context.
This apartment property consists of 19 individual units totaling 42 bedrooms and 19 bathrooms. The unit mix includes five three-bedroom apartments, thirteen two-bedroom apartments, and one one-bedroom apartment. The buildings were constructed in 1962 and include on-site parking along with washer/dryer connections.
The property is located in Midtown Memphis, with an existing management company in place and willing to continue overseeing operations. One unit was vacant as of April 2026. The ownership has continued repair and upgrade work as needed, and the 19 units are being offered together for a bulk sale.
The property is located in Midtown Memphis, with an existing management company in place and willing to continue overseeing operations. One unit was vacant as of April 2026. The ownership has continued repair and upgrade work as needed, and the 19 units are being offered together for a bulk sale.
Key Highlights
- 19 individual apartment units offered together in a bulk sale
- 42 total bedrooms and 19 bathrooms
- Unit mix: five 3‑bedroom, thirteen 2‑bedroom, and one 1‑bedroom unit
Property Analytics
Current Use
Lease Details
19
Residential units
Location Intelligence
Trade Area within ½ mile
1,861
Businesses Nearby
Explore this area
Business Placement
Demographics for 38104, TN
22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Unit mix includes one-, two-, and three-bedroom apartments with on-site parking and washer/dryer connections.
Where is this apartment building located?
The property is located at 32 N BELVEDERE BLVD #32-3 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: 19 individual apartment units offered together in a bulk sale; 42 total bedrooms and 19 bathrooms; Unit mix: five 3‑bedroom, thirteen 2‑bedroom, and one 1‑bedroom unit
