Skip To Content

20-24 N Belvedere Blvd

Memphis, TN 38104
  • $1,176,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 10223428
UPDATED: 49 min ago
$1,176,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

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.

Monthly Payment Calculator



© 2026 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2026-07-15T21:03:19.85.
www.redsearealtyco.com/homes/177445249
Print Image

20-24 N Belvedere Blvd Memphis, TN 38104

  • Price: $1,176,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 49 min ago
  • MLS #: 10223428
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
Neighborhood:
Voegeli
County:
Shelby
Area:
Midtown/Holmes
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.
Exterior Features

Buildings 4 Construction BrickWood/Composition Foundation Laundry FacilitySlabUnfinished Basement Lot Size .17 Misc Exterior Fully FencedHistoric DistrictSecurity GateSidewalksSome Landscaping Parking Facility 1 Per UnitAsphalt/Blacktop Roof PitchedShingle/Shake

Interior Features

Appliances Equipment DishwasherMicrowaveRange/Oven (Freestanding)Refrigerator Cooling Systems CentralHouse CoolingIndividual Cooling Floors And Ceilings Hardwood ThroughoutTile Heating Systems CentralHouse SystemsIndividual Systems Hot Water GasPublic Sewer Laundry Common LaundryEquipment Owned

Property Features

1 Bedroom Units 2 2 Bedroom Units 1 3 Bedroom Units 0 Amenities Cable T.V.Balcony/PatioWallpaperDrapes/CurtainsDumpster Annual City Tax 7564 Annual County Tax 7884 Assumption No Assumption Efficiency Studio Units 8 Existing Financing Conventional Fixed Legal Subdivision Name VOEGELI Multifamily Type Apartment Complex New Financing Cash OnlyConventionalOther (Call LA) Operating Expenses All UtilitiesPest ControlRepairs/MaintenanceServicesTaxes Other Units 1 Possession At Closing Sale Includes All AppliancesAll EquipmentAll FurnishingsBuilding and Land Source Of Info Owner Tenant Pays Other (Call LA) Type Of Leases 6 MonthMonthlyOther (Call LA) Type Of Units 1 BR - 1 Bath2 BR - 1 BathFurnished

Listing information © 2026 Memphis Area Association of REALTORS®.
Listing provided courtesy of Evernest Too, LLC: 901-842-5730.



© 2026 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2026-07-15T21:03:19.85.
 
https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_1_10223428-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_1_10223428-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_1_10223428-2.jpg
Logo
Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654