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Aaron Edwards

aaron@memphisrealtypros.com +1(901) 219-5084

$1,100,000

Est. payment - /mo

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Key Details

Property Type Multi-Family, Condo

Sub Type Apartment Complex

Listing Status Active

Purchase Type For Sale

Subdivision Voegeli

MLS Listing ID 10223428

Year Built 1920

Annual Tax Amount $15,448

Property Sub-Type Apartment Complex

Property Description

Mid-Term Rental Investment Opportunity – 20-24 N. Belvedere Blvd, Memphis, TN 38104 Turnkey cash-flowing asset in the heart of Midtown Memphis! This 12-unit multifamily property is currently operating as a successful mid-term rental portfolio, generating an impressive $12,000–$14,000 per month in rental revenue. The property offers a mix of furnished units and is ideally positioned near Memphis' major medical facilities, making it highly attractive to traveling nurses, healthcare professionals, corporate travelers, and extended-stay guests! Location is a major advantage. Situated in one of Memphis' most walkable neighborhoods, residents and guests enjoy convenient access to local dining, coffee shops, entertainment, and everyday necessities. Popular Midtown destinations such as I Love Pho ? & Dumplings-Midtown Location, FLAME RAMEN, Just Love Coffee & Cafe - Memphis, Sekisui, and Casablanca are just minutes away for your guests.

Location

State TN

County Shelby

Area Midtown/Holmes

Interior

Heating Central, House Systems, Individual Systems

Cooling Central, House Cooling, Individual Cooling

Flooring Hardwood Throughout, Tile

Equipment Refrigerator, Range/Oven (Freestanding), Dishwasher, Microwave

Laundry Common Laundry, Equipment Owned

Exterior

Parking Features 1 Per Unit, Asphalt/Blacktop

Roof Type Pitched,Shingle/Shake

Building

Foundation Laundry Facility, Slab, Unfinished Basement

Water Gas, Public Sewer

Others

Miscellaneous Sidewalks,Some Landscaping,Fully Fenced,Security Gate,Historic District

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Listed by Austin Hall • Evernest Too, LLC

Nearby Locations

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Aaron Edwards

+1(901) 219-5084

Real Estate Professional TN license 00324359

20-24 N BELVEDERE BLVD Memphis, TN 38104

Aaron Edwards

Key Details

Location

Interior

Exterior

Building

Others

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20-24 N BELVEDERE BLVD