19-Unit Apartment Building
For Sale
$1,568,000
32 North Belvedere Boulevard Unit 323, Memphis, TN 38104
Professionally managed multifamily assets with varied floor plans, on-site parking, and washer/dryer connections.
Property SizeContact for details
Days on Market134
Property Features for 32 North Belvedere Boulevard Unit 323
General Information
Standard status
Active
Property subtype
Multi-Family / Other (See REMARKS)
Units
Unit Mix
5 x 3BR, 13 x 2BR, 1 x 1BR
Multifamily Units
19
Additional Details
Gross Income
$208,920
Taxes and HOA fees
Annual Taxes
$1,219
Amenities
washer/dryer connections
Tile
Built-Up, Flat
Building Details
Year Built
1962
Listing Agency:
Crye-Leike, Inc., REALTORS
(901) 871-1290
Listed By:
Tyler Tapley · License #296080
(901) 871-1290
Source:
Compass
Added: Apr 20
Changed: Aug 30
Last Checked: Aug 30 at 1:40PM
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 multifamily offering comprises 19 individual apartment units at 32 North Belvedere Boulevard, Unit 323, in Memphis. The portfolio contains 42 total bedrooms and 19 bathrooms, with a mix of five three-bedroom units, thirteen two-bedroom units, and one one-bedroom unit. Interiors feature tile, while the buildings were constructed in 1962 with built-up, flat roofs.
The units include on-site parking and washer/dryer connections. Professional management is already in place, and the existing management company is willing to continue serving the property. One unit was vacant as of April 2026, while ongoing repairs and upgrades are being completed as needed. The seller is seeking a bulk-sale buyer for all 19 doors.
The units include on-site parking and washer/dryer connections. Professional management is already in place, and the existing management company is willing to continue serving the property. One unit was vacant as of April 2026, while ongoing repairs and upgrades are being completed as needed. The seller is seeking a bulk-sale buyer for all 19 doors.
Key Highlights
- 19 individual apartment units offered as a bulk sale
- 42 total bedrooms and 19 bathrooms
- Unit mix includes five 3‑bedroom, thirteen 2‑bedroom, and 1 one‑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
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Frequently Asked Questions
What type of property is this?
Apartment building - Professionally managed multifamily assets with varied floor plans, on-site parking, and washer/dryer connections.
Where is this apartment building located?
The property is located at 32 North Belvedere Boulevard Unit 323 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 as a bulk sale; 42 total bedrooms and 19 bathrooms; Unit mix includes five 3‑bedroom, thirteen 2‑bedroom, and 1 one‑bedroom unit
