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$555,000 / 8br - 3498ft2 - Turnkey Rental Property - 121 N Bellevue Blvd (Memphis, TN)
121 N Bellevue Blvd, Memphis, TN, TN 38104
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🏢 Prime Midtown location, just minutes from Downtown! Each unit is 2BR / 1BA and has been fully updated: new roof, flooring, kitchens, baths, paint inside & out, electrical, plumbing, hot water tanks, granite sinks, iron gates, and secured tenant parking.
✅ All 4 Units Rented!
Total Rent: $4,200/mo
Taxes: $2,176/yr
Insurance: $1,400/yr
Owner pays water: ~$75/mo
Tenants cover electricity & trash
📍 Address: 121 N Bellevue Blvd, Memphis, TN 38104
💰 Strong cash flow with full occupancy and modern upgrades. Note: Investors should budget for vacancy & maintenance reserves as these costs will vary year to year.