For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Two-Unit Duplex with Rental Income Title is generated by Realmo AI

    5668 HINTON PLACE Dr, Memphis, TN 38119

    View on Map
    Claim this Listing
    For Sale
    $300,000

    MULTI_FAMILY - Memphis, TN

    Property size:
    2,954 SF
    Price / SF:
    $101/SF
    Added:
    Jun 30, 2026
    Days on Market:
    10
    Last Refresh:
    Jul 9 at 6:06 am

    Property Features for 5668 HINTON PLACE Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    6
    Rooms
    Bathroom 4, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 5, Bedroom 5, Bedroom 2, Bathroom 6
    Standard status
    Active
    Size
    2,954 SF

    Taxes and HOA fees

    Tax Annual Amount
    3149

    Building Details

    Year built
    1971

    We can help!

    Contact an agent
    Kevin Brown

    Listing agent Kevin Brown

    Listing office eXp Realty, LLC 3401 Mallory Lane #100, Nashville, TN

    Listing date Jun 30, 2026

    MLS# 10225089 Listing URL

    Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Duplex built in 1971 in the Sea Isle/Park area
    • Each unit is a 2 bed, 1.5 bath duplex layout
    • One side is currently rented with a long‑term tenant for immediate income
    • Seller offers the property as part of a 2‑property Memphis‑area portfolio or as a single property
    • Other listed properties in the portfolio: 6690 Whitten Pine and 5265 Annadale Dr
    • Property sold as‑is, where‑is; no wholesale or creative financing

    Overview

    This duplex is configured as two separate sides, with each unit offering 2 bedrooms and 1.5 bathrooms. One side is currently rented to a long-term tenant, while the other side is available based on access once a contract is accepted.

    The property is located in the Sea Isle/Park area of Memphis, Tennessee (Shelby County). The listing notes that the duplex is part of a portfolio of two properties offered in the Memphis area, and the seller can sell the properties as a package or individually. Due to tenant occupancy, the seller states that only one side can be shown prior to contract acceptance.

    For investors or owner-operators seeking a small income property, the current lease on one side provides an immediate occupied unit at the time of listing. The property is being sold as-is, where-is, and the remarks also indicate that no wholesale or creative financing is available.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $37.9k $12.84
    − Vacancy −$2.3k −$0.79
    EGI $35.6k $12.05
    − OpEx −$10.7k −$3.61
    NOI $24.9k $8.43
    2,954 SF · lease $12.84/SF/yr · vacancy 6.17% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $355.9K
    $311.4K – $415.2K (±1% cap)
    NOI $24,912 @ 7.0% cap · market cap 8.30%
    Second Best
    Apartment 5plus
    $315.1K
    $275.7K – $367.6K (±1% cap)
    NOI $22,057 @ 7.0% cap · market cap 7.35%
    Theoretical Best
    Office A
    $873.0K
    $763.9K – $1.02M (±1% cap)
    NOI $61,112 @ 7.0% cap · market cap 20.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.873282
    Latitude
    35.087591

    FAQs

    What type of property is this?
    Duplex - Duplex with two 2-bedroom, 1.5-bath units, one side leased long term.
    Where is this duplex located?
    The property is located at 5668 HINTON PLACE Dr Memphis, TN.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Duplex built in 1971 in the Sea Isle/Park area; Each unit is a 2 bed, 1.5 bath duplex layout; One side is currently rented with a long‑term tenant for immediate income
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message