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Renovated Fourplex in Strong Rental Market
For Sale
$225,000

1086 South Bellevue Boulevard, Memphis, TN 38106

Fourplex with immediate income stream and growth potential.

Days on Market241

Property Features for 1086 South Bellevue Boulevard

General Information

Standard status Active
Property subtype Multi-Family / Fourplex

Building Details

Year Built 1909
Listing Agency: KAIZEN Realty, LLC
Listed By: Andres Zuluaga
Source: Compass
Added: Dec 2, 2025 Changed: Jul 10 Last Checked: Jul 31 at 12:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KAIZEN Realty, LLC

Investment Insights

Based on property information with market context.

This renovated fourplex presents an opportunity for investors seeking to expand their portfolio within a strong rental market. The property offers an immediate income stream, with one of the four units currently leased for $600 per month. The property features one occupied unit and three available units, providing a clear path to increasing the property's overall cash flow. The potential for significant rental income, combined with the purchase price, makes this a potentially compelling asset for both new and experienced investors. This is a turnkey property with established income and room for growth.

Key Highlights

  • Immediate income stream from existing tenant ($600/month)
  • Strong potential for increased cash flow by leasing remaining three units
  • Turnkey property requiring minimal immediate investment

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage HVAC Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

445
Businesses Nearby

Demographics for 38106, TN

22,394
Population
11,630
Households
1.9
Avg Household Size
41
Median Age
12%
College-Educated
83%
High-School Grad
10.4 sq mi
ZIP Area
2,153
Density / Sq Mi
$29,818
Median Household Income
$30,101
Median Earnings
$915
Median Rent
$66,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fourplex with immediate income stream and growth potential.
Where is this quadplex located?
The property is located at 1086 South Bellevue Boulevard Memphis, TN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Immediate income stream from existing tenant ($600/month); Strong potential for increased cash flow by leasing remaining three units; Turnkey property requiring minimal immediate investment
More about this property
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