Berclair Property Management
Short-Term & Long-Term Rental Management in One of Memphis's Most Affordable and Investor-Friendly Neighborhoods
See What Your Property Can Earn!
An Affordable Investment Hub in Memphis
Berclair is one of Memphis's most active and affordable neighborhoods for rental investment. Located in northeast Memphis between Summer Avenue and the I-40 corridor, the area offers a mix of single-family homes, duplexes, and small multi-family properties at price points well below the city average. Berclair attracts a diverse tenant base — working professionals, families, and students — drawn by its central location, proximity to major employers, and easy access to highways connecting all parts of the city.
Longstep Property Solutions provides full-service property management for Berclair owners — handling everything from tenant screening and lease management to maintenance coordination and rent collection for long-term rentals, plus full-service short-term rental management for owners on platforms like Airbnb and Vrbo. We know these streets because we're local, and we manage properties across Berclair's distinct pockets so you get area-specific expertise, not a one-size-fits-all approach.
Berclair's Key Neighborhoods
Berclair Proper
The core Berclair area sits between Summer Avenue and the Norfolk Southern rail line, centered around Berclair Road. This is one of the most active rental pockets in northeast Memphis, with affordable single-family homes and duplexes that attract steady tenant demand. Investors benefit from low acquisition costs and consistent occupancy driven by proximity to retail along Summer Avenue and easy highway access.
Summer Avenue Corridor
Summer Avenue is the commercial backbone of the Berclair area, lined with restaurants, shops, auto services, and local businesses. Properties near Summer Avenue benefit from high visibility and foot traffic, making them attractive for both long-term tenants who want walkable convenience and short-term rental guests looking for an authentic Memphis experience outside the tourist core.
North Berclair & Tillman Area
The northern sections of Berclair near Tillman Street and the I-40 interchange offer some of the most affordable entry points for investors in the Memphis market. This area features a mix of single-family rentals and small multi-family buildings with strong cash flow potential. Proximity to the interstate makes it convenient for tenants commuting across the metro area, keeping vacancy rates low and demand consistent.
Berclair Long-Term Rental Market
Berclair has strong and consistent long-term rental demand driven by its affordable price points, central northeast Memphis location, and proximity to major employment corridors along Summer Avenue and the I-40 interstate. The housing stock is predominantly single-family homes and duplexes built in the mid-20th century, offering solid rental yields for investors willing to maintain their properties well.
What makes Berclair stand out for long-term rentals: tenants get affordable rents in a location that's minutes from grocery stores, restaurants, and retail along Summer Avenue, with easy highway access to Downtown, East Memphis, and Bartlett. That combination of affordability and convenience drives steady demand and reliable occupancy when properties are well-managed and competitively priced.
$975
Average Monthly Rent
$850
2-Bedroom Average
+2.3%
Year-over-Year Growth
8.5%
Area Vacancy Rate
Berclair Short-Term Rental Market
Berclair's short-term rental market appeals to budget-conscious travelers, contractors working in the area, and guests looking for an affordable alternative to Downtown hotels. The neighborhood's proximity to Summer Avenue dining, easy I-40 access, and central location between Midtown and Bartlett make it a convenient base. Properties that are clean, well-maintained, and competitively priced perform well, especially those near the Summer Avenue commercial corridor.
$85-$130
Average Daily Rate
54%
Average Occupancy
1,945+
Active Memphis Listings
$20-$35K+
Annual STR Revenue
Memphis Short-Term Rental Permit Requirements
Memphis requires all short-term rental operators to obtain a Short-Term Rental Property Permit before listing.
LPS handles the entire permitting process for our STR clients — from initial application through annual renewals and tax remittance. You stay compliant without lifting a finger.
Here’s what you need to know:
$300 Application Fee
One-time $300 application fee with a $150 annual renewal. Maximum occupancy: 2 guests per bedroom, plus 2 additional.
$1M Liability Insurance
Minimum $1,000,000 liability insurance coverage required per unit. Fire extinguisher, smoke alarms, and CO detectors required.
12% Lodging Tax
Operators must collect and remit 12% total lodging tax: 7% state + 5% Shelby County on all short-term rental income.
$50/Day Fine
Operating without a valid permit carries a $50/day fine per unit. LPS handles your entire permitting process from start to finish.
What We Handle for Berclair Short-Term Rental Owners
Dynamic pricing optimization based on Memphis events, seasonality, and local demand patterns
Professional photography and listing optimization across Airbnb, Vrbo, and direct booking channels
24/7 guest communication, check-in coordination, and emergency response
Turnover cleaning, linen service, and restocking between stays
STR permit application, annual renewal, and lodging tax remittance
Monthly owner reporting with revenue breakdowns and occupancy analytics
Maintenance coordination with our vetted local vendor network
Full compliance management including permits, taxes, and insurance requirements
What We Handle for Berclair Long-Term Rental Owners
Comprehensive tenant screening: credit, background, income, and rental history verification
Market-rate rent analysis to maximize monthly income without extended vacancies
Lease preparation, execution, and renewal management
Maintenance coordination with our vetted local vendor network
Rent collection, late payment enforcement, and eviction support when necessary
Annual property inspections and detailed condition reporting
Monthly financial reporting with income statements and expense tracking
Legal compliance support including fair housing, lease law, and local regulations
