$1,176,000

Estimated payment $7,522/month

Total Views 118
4 Beds
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • The property is located in a historic district
  • Furnished
  • Mini Split Air Conditioners
  • Wood Flooring
  • Balcony
  • Security Gate

About This Home

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.

Listing Agent

Austin Hall

Evernest Too, LLC License #382185 Listed on: 06/08/2026

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1920

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wallpaper
  • Pitched Roof
  • Shingle Roof
  • Wood Composite

Interior Spaces

  • Furnished
  • Drapes & Rods
  • Security Gate
  • Washer and Dryer
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Parking

  • Parking Available
  • Paved Parking

Lot Details

  • Property is Fully Fenced
  • Landscaped

Utilities

  • Mini Split Air Conditioners
  • Central Heating and Cooling System
  • Mini Split Heat Pump
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • The property is located in a historic district

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

  • 4 Buildings
  • 12 Units
  • Voegeli Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1920

Listing Details

  • Class: Multi-Family
  • Type: Apartment Complex
  • MAAR Subdivision Name: VOEGELI
  • Freestanding: Yes
  • Year Built: 1920
  • Construction: Brick, Wood/Composition
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floors/Ceilings: Tile, Hardwood Throughout
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Dishwasher, Microwave

Exterior Features

  • Foundation: Laundry Facility, Slab, Unfinished Basement
  • Roof: Pitched, Shingle/Shake
  • Miscellaneous Exterior: Sidewalks, Some Landscaping, Fully Fenced, Security Gate, Historic District

Garage/Parking

  • Parking Facility: 1 Per Unit, Asphalt/Blacktop

Utilities

  • Hot Water: Gas, Public Sewer
  • Cooling Systems: Central, House Cooling, Individual Cooling
  • Heating Systems: Central, House Systems, Individual Systems
  • Laundry: Common Laundry, Equipment Owned

Association/Amenities

  • Amenities: Cable T.V., Balcony/Patio, Wallpaper, Drapes/Curtains, Dumpster

Lot Info

  • Lot Size: .17
  • Geo Subdivision: TN

Rental Info

  • Type Of Leases: 6 Month, Monthly

Multi Family

  • Total Number Of Units: 12
  • Number2 Bedroom Units: 1
  • Number Efficiency Studio Units: 8
  • Number Other Units: 1
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath, Furnished

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/08/2026 06/08/26 For Sale $1,176,000 -- --
Source: Memphis Area Association of REALTORS®

About the Listing Agent

Austin Hall

Evernest Too, LLC

(901) 586-0591

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Source: Memphis Area Association of REALTORS®

MLS Number: 10223428

Memphis Area Association of REALTORS®
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