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45 N Belvedere Blvd
Memphis, TN 38104 Midtown Memphis

$1,568,000 USD

Multifamily Condo For Sale  •  880 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 880 SF
  • Year Built 1963
30 Transit Score
80 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 103 Flex 880 SF $1,568,000 USD
  • Unit Size: 880 SF
  • Condo Use: Flex
  • Price: $1,568,000 USD
  • Sale Type: Investment
  • Price/SF: $1,781.82 USD
Description
MULTI PROPERTY SALE. Please see attached exhibit for complete list of properties.

Sale Notes
MULTI PROPERTY SALE. Please see attached exhibit for complete list of properties.

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.  ONLINE VIDEO AVAILABLE UPON REQUEST.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Central Station (Riverfront Loop - Memphis Area Transit Authority Trolley (MataTrolley)) 7 min - 3.9 mi
AirportDriveWalkDistance
Memphis International 13 min - 7.8 mi
Tyler Tapley Crye-Leike Realtors
Tyler Tapley Crye-Leike Realtors