4-Unit Updated
For Sale
$585,000
4951 Brighton Lane, Hixson, TN 37343
Fully occupied rental property with updated units, private porches, and newer HVAC systems.
Property Size4,400 SF
Price / SF$132.95
Days on Market49
Property Features for 4951 Brighton Lane
General Information
Standard status
Active
Size
4,400 SF
Property subtype
Quadruplex
Occupancy
100%
Amenities
private porch
Building Details
Building Size
4,400 SF
Year Built
1995
Buildings
1
Tenancy
Multi
Listing Agency:
Beycome Brokerage Realty LLC
(804) 656-5007
Listed By:
Steven Koleno · License #383485
(804) 656-5007
Source:
Gracefrankgroup
Added: Jun 18
Changed: Jul 31
Last Checked: Aug 4 at 8:24AM
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 Beycome Brokerage Realty LLC
Investment Insights
Based on property information with market context.
This 4-unit quadplex includes four 2-bedroom, 1.5-bath units, each offering approximately 1,100 square feet of living space. The units have been updated and feature functional floor plans, ample living areas, and private porches. Newer HVAC systems are a major property improvement, and the quadplex is fully occupied.
Built in 1995, the property is located at 4951 Brighton Lane in Hixson, Tennessee. The surrounding area includes shopping, dining, schools, and major employers. Each unit is configured as a 2-bedroom rental with 1.5 bathrooms and approximately 1,100 square feet of living space.
Built in 1995, the property is located at 4951 Brighton Lane in Hixson, Tennessee. The surrounding area includes shopping, dining, schools, and major employers. Each unit is configured as a 2-bedroom rental with 1.5 bathrooms and approximately 1,100 square feet of living space.
Key Highlights
- Four 2‑bedroom, 1.5‑bath units, each approximately 1,100 square feet
- Fully occupied quadplex
- Updated units with newer HVAC systems
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 | $59.7k | $13.56 |
| − Vacancy | −$6.9k | −$1.56 |
| EGI | $52.8k | $12.00 |
| − OpEx | −$15.8k | −$3.60 |
| NOI | $37.0k | $8.40 |
4,400 SF · lease $13.56/SF/yr · vacancy 11.49% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$528.1K
$462.1K – $616.1K
NOI $36,966 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$485.0K
$424.4K – $565.8K
NOI $33,950 @ 7.0% cap · market cap 5.80%
Theoretical Best
Healthcare Medical
$730.7K
$639.3K – $852.5K
NOI $51,147 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Explore this area
Business Placement
Demographics for 37343, TN
43,626
Population
19,031
Households
2.3
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
42.1 sq mi
ZIP Area
1,036
Density / Sq Mi
$79,177
Median Household Income
$45,151
Median Earnings
$1,258
Median Rent
$275,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied rental property with updated units, private porches, and newer HVAC systems.
Where is this quadplex located?
The property is located at 4951 Brighton Lane Hixson, TN.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1.5‑bath units, each approximately 1,100 square feet; Fully occupied quadplex; Updated units with newer HVAC systems
