5659 HINTON Pl, Memphis, TN 38119
- Added:
- Jun 12, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 15 at 8:06 am
Property Features for 5659 HINTON Pl
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 4
- Standard status
- Active
- Size
- 2,496 SF
Taxes and HOA fees
- Tax Annual Amount
- 3247
Building Details
- Year built
- 1970
- Architectural style
- Other
Listing agent Chad Woelke (901) 848-0009
Listing office Heritage Homes Co. 8608 Farmington Blvd, #1, MEMPHIS, TN (901) 755-2000
Listing date Jun 12, 2026
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
- 1970‑built duplex in Colonial Acres with two 2‑bedroom, 1.5‑bath units
- One unit is vacant and rent‑ready with an updated kitchen, fresh interior paint, and new bedroom carpet
- Second unit is occupied by a month‑to‑month tenant at $1,295/month
- Shared fenced backyard provides outdoor space for both units
Overview
The property is located at 5659 HINTON Pl in Memphis, TN 38119, in Shelby County. The public remarks note convenience to shopping, dining, and major commuter routes.
For buyers considering owner-occupancy or immediate lease-up, the rent-ready vacant unit supports move-in or swift re-leasing. For investors, the structure provides two income units, including one month-to-month tenant and one unit positioned for prompt occupancy, along with shared outdoor space. This duplex configuration can appeal to tenants seeking a two-bedroom layout and shared yard access.
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 | $32.0k | $12.84 |
| − Vacancy | −$2.0k | −$0.79 |
| EGI | $30.1k | $12.05 |
| − OpEx | −$9.0k | −$3.61 |
| NOI | $21.0k | $8.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.874179
- Latitude
- 35.086842
