1572 Hanauer St

Memphis, TN 38109

$605,000
Price
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Baths
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a front view of a house with a yard
a view of a house with a big yard
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a front view of a house with a yard
an empty room with wooden floor and windows
an empty room with wooden floor and windows
a kitchen with granite countertop wooden floors and white stainless steel appliances
a kitchen with white cabinets and sink
an empty room with wooden floor fan and windows
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a view of a bathroom with toilet
a bathroom with a bathtub
a bathroom with a toilet a sink and mirror
a bathroom with a sink a toilet and a mirror
a bathroom with a toilet a sink and mirror
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a view of empty room with window and fireplace
a view of a building
a view of a garden with plants and a large tree
a view of an empty room
a view of an empty room
a kitchen with granite countertop cabinets and black appliances
a view of hallway
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a bathroom with a toilet and a sink
an empty room with wooden floor and windows
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a view of a yard with plants and large trees
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Description

Great opportunity for a new or seasoned investor looking to get into multi-family investing. 8-One BR/1BA & 2-Two BR/1 BA units for a total of 10. Most units have been renovated, 4 from the studs up with mechanical, electric and plumbing. All roofs less than 4 years old. Tenants pay for all utilities, owner pays for water & outside house lights. Great location, 10 minutes to Memphis Airport & FedEx World Hub, 7 Minutes to Downtown Memphis. Showings with accepted PSAGreat opportunity for a new or seasoned investor looking to get into multi-family investing. 8-One BR/1BA & 2-Two BR/1 BA units for a total of 10. Most units have been renovated, 4 from the studs up with mechanical, electric and plumbing. All roofs less than 4 years old. Tenants pay for all utilities, owner pays for water & outside house lights. Great location, 10 minutes to Memphis Airport & FedEx World Hub, 7 Minutes to Downtown Memphis. Showings with accepted PSA
  1. Listed by John Cornes • Braden, Braden & Braden LLC

Property Details for 1572 Hanauer Street

Area
747A
MAAR Subdivision Name
HANAUER
Legal Subdivision Name
HANAUER
LISTING UPDATED: 12/29/2025 06:15 PM

Property Details for 1572 Hanauer Street

StatusActive
MLS #10196313
Days on Market186
Taxes$1,733 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Building
Year Built1952
Lot Size0.65 AC / 28,425 SF
CountyShelby County

Location

Listing Courtesy of Braden, Braden & Braden LLC
Add your commute

Building Information for 1572 Hanauer Street

Stories1Residences10Year Built1952Building Size-Lot Size0.65 AC / 28,425 SF

Payment Calculator

$3,093 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,949

Property Taxes

$144

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1572 Hanauer Street

Summary
Location and General Information
  • Address: 1572 HANAUER ST
  • Address Search Number: 1572
  • Directions: South Parkway West from Downtown Memphis to Left on Hanauer
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 05-09-2025
  • Geo Zoom Level: 16.00
  • Map Coordinate: A
  • MLS Map Num: South Memphis/61 Hwy
Taxes and HOA Information
  • Hot Water: Gas
  • LVT Date: 05-08-2025
Property
Lot Information
  • Lot Size: 150 X 189.5
  • Lot Num: 24 & N
  • Parcel ID: 035067 00016
  • Zoning: RU-3
Property and Assessments
  • Foundation: Slab
  • Percent Occupancy: 70
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Shingle/Shake
Interior Features
  • Appliances / Equipment: Smoke Detector(s)
  • Floors/Ceilings: Tile, Vinyl Floor
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 8
  • Num of 2 Bedroom Units: 2
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 3
  • Num Other Units: 0
  • Assumption: Other (Call LA)
  • Construction: Brick
  • Cooling Systems: 1 Window Unit per Unit, Individual Cooling
  • Existing Financing: Other (See REMARKS)
  • Gross Potential Annl Rent: $84,000
  • Heating Systems: Wall Heat
  • Improved Sqft: 5664
  • Land Sqft: 28401
  • Laundry: Connections
  • Operating Expenses: Other (Call LA)
  • Parking Facility: Gravel
  • Possession: At Closing, Tenants Rights
  • Sale Includes: Building and Land
  • Source Of Info: Rent Roll
  • Tenant Pays: Electric, Gas, Security Deposit, Some Utilities
  • Type Units: 1 BR - 1 Bath, 2 BR - 1 Bath

Property History for 1572 Hanauer Street

DateEvent & SourcePriceAppreciation
Dec 22, 2025

Listed (Active)

MAARMLS #10196313

—
Oct 27, 2025

Contract Signed

MAARMLS #10196313

—
Sep 11, 2025

Price Change

MAARMLS #10196313

$605,000—
Jul 21, 2025

Price Change

MAARMLS #10196313

$635,000—
May 8, 2025

Price Change

MAARMLS #10196313

$700,000—
May 8, 2025

Price Change

MAARMLS #10196313

$635,000—
May 8, 2025

Listed (Active)

MAARMLS #10196313

$605,000—
Oct 5, 2022

Sold (Public Record)

Public Record #1498724532

$650,000

+197.9% / yr

Sep 29, 2022

Sold

MAARMLS #10121898

$650,000—
Sep 21, 2022

Contract Signed

MAARMLS #10121898

—
Jul 29, 2022

Contract Out

MAARMLS #10121898

—
Jul 13, 2022

Listed (Active)

MAARMLS #10121898

—
Jul 11, 2022

Contract Out

MAARMLS #10121898

—
Apr 29, 2022

Listed (Active)

MAARMLS #10121898

—
Apr 21, 2022

Contract Out

MAARMLS #10121898

—
Apr 18, 2022

Listed (Active)

MAARMLS #10121898

$650,000—
Oct 15, 2021

Sold (Public Record)

Public Record #1473850337

$225,000

+9.9% / yr

Oct 13, 2021

Sold

MAARMLS #10107193

$225,000—
Sep 30, 2021

Contract Signed

MAARMLS #10107193

—
Sep 28, 2021

Listed (Active)

MAARMLS #10107193

—
Aug 26, 2021

Contract Out

MAARMLS #10107193

—
Aug 25, 2021

Listed (Active)

MAARMLS #10107193

$329,000—
Jul 24, 2011

Temporarily Off Market

MAARMLS #3215934

—
Jan 23, 2011

Listed (Active)

MAARMLS #3215934

$109,900—
Nov 28, 2008

Temporarily Off Market

MAARMLS #3128771

—
Jan 17, 2008

Listed (Active)

MAARMLS #3128771

$50,000—
Jul 28, 2003

Sold (Public Record)

Public Record #117572902

$40,000—
Jul 9, 2003

Sold

MAARMLS #2530938

$40,000—
Jun 19, 2003

Contract Signed

MAARMLS #2530938

—
Feb 14, 2003

Listed (Active)

MAARMLS #2530938

$47,500—
DateEvent & SourcePrice
12/22/2025

Listed (Active)

MAARMLS #10196313

—
10/27/2025

Contract Signed

MAARMLS #10196313

—
09/11/2025

Price Change

MAARMLS #10196313

$605,000
07/21/2025

Price Change

MAARMLS #10196313

$635,000
05/08/2025

Price Change

MAARMLS #10196313

$700,000
05/08/2025

Price Change

MAARMLS #10196313

$635,000
05/08/2025

Listed (Active)

MAARMLS #10196313

$605,000
10/05/2022

Sold (Public Record)

Public Record #1498724532

$650,000

+197.9% / yr

09/29/2022

Sold

MAARMLS #10121898

$650,000
09/21/2022

Contract Signed

MAARMLS #10121898

—
07/29/2022

Contract Out

MAARMLS #10121898

—
07/13/2022

Listed (Active)

MAARMLS #10121898

—
07/11/2022

Contract Out

MAARMLS #10121898

—
04/29/2022

Listed (Active)

MAARMLS #10121898

—
04/21/2022

Contract Out

MAARMLS #10121898

—
04/18/2022

Listed (Active)

MAARMLS #10121898

$650,000
10/15/2021

Sold (Public Record)

Public Record #1473850337

$225,000

+9.9% / yr

10/13/2021

Sold

MAARMLS #10107193

$225,000
09/30/2021

Contract Signed

MAARMLS #10107193

—
09/28/2021

Listed (Active)

MAARMLS #10107193

—
08/26/2021

Contract Out

MAARMLS #10107193

—
08/25/2021

Listed (Active)

MAARMLS #10107193

$329,000
07/24/2011

Temporarily Off Market

MAARMLS #3215934

—
01/23/2011

Listed (Active)

MAARMLS #3215934

$109,900
11/28/2008

Temporarily Off Market

MAARMLS #3128771

—
01/17/2008

Listed (Active)

MAARMLS #3128771

$50,000
07/28/2003

Sold (Public Record)

Public Record #117572902

$40,000
07/09/2003

Sold

MAARMLS #2530938

$40,000
06/19/2003

Contract Signed

MAARMLS #2530938

—
02/14/2003

Listed (Active)

MAARMLS #2530938

$47,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1572 Hanauer Street

Taxable ValueLand$16,360Additions$137,120Total$153,480
Tax Record2024$10,107 ($842 / month)
Home Facts
Baths2Total Finished SqFt4,224 SqFtAbove Grade Finished SqFt4,224 SqFtStories1Lot Size28,401 SqFtStyleMulti-Family Res (5+ Units)Year Built1952Year Renovated1980ZoningRU-3CountySHELBYAPN035-067- - -00016Fireplace TypeHas Fireplace

Schools near 1572 Hanauer Street

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Riverview Middle School
Public - PK to 8
Hamilton High School
Public - 9 to 12
Memphis School of Excellence Cordova
Charter - 6 to 12
Memphis School of Excellence Elementary Cordova
Charter - K to 5
Rating
School
Distance
Riverview Middle School
PublicPK to 8

Hamilton High School
Public9 to 12

Memphis School of Excellence Cordova
Charter6 to 12

Memphis School of Excellence Elementary Cordova
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1572 Hanauer Street, Memphis, TN 38109

1572 Hanauer Street is a multi-family home for sale in Memphis, TN 38109. This property was listed for sale on May 8, 2025 by Braden, Braden & Braden LLC, it's currently listed at $605,000. It has been on the market for a total of 186 days and was last sold on October 5, 2022. This listing's school district is Shelby County Schools. Nearby schools include Riverview Middle School, Hamilton High School and Memphis School of Excellence Cordova. 1572 Hanauer Street is a 0-bed, 0-bath, multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Braden, Braden & Braden LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.