5668 HINTON PLACE Dr Memphis, TN 38119
MULTI_FAMILY - Memphis, TN
- Added:
- Jun 30, 2026
- Days on Market:
- 12
- Last Refresh:
- Jul 11 at 12:06 pm
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
Listing agent Kevin Brown (901) 305-1713
Listing office eXp Realty, LLC 3401 Mallory Lane #100, Nashville, TN (888) 519-5113
Listing date Jun 30, 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.
Investment Insights
Based on property information with market context.
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.
Key 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
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 |
