For sale

Price cut: $60K (6/25)

$520,000

1572 Hanauer St, Memphis, TN 38109

--beds

--baths

5,664sqft

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Multi Family

Built in 1952

-- sqft lot

$-- Zestimate^®

$92/sqft

$-- HOA

What's special

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 PSA

422 days

269

11

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Facts & features

Interior

Heating

Wall Furnace

Cooling

1 Window Unit per Unit, Individual Cooling

Appliances

Included: Gas Water Heater
Laundry: Connections

Features

Flooring: Tile, Vinyl

Interior area

Total structure area: 5,664
Total interior livable area: 5,664 sqft

Property

Parking

Parking features: Gravel

Features

Stories: 1

Lot

Size: 0.65 Acres
Dimensions: 150 x 189.5

Details

Parcel number: 035067 00016
Zoning: RU-3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick
Foundation: Slab
Roof: Shingle/Shake

Condition

Year built: 1952

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Hanauer

Location

Region: Memphis

Financial & listing details

Price per square foot: $92/sqft
Annual tax amount: $1,733
Date on market: 5/9/2025
Cumulative days on market: 368 days
Listing terms: Cash Only,Conventional
Lease term: 12 Months
Total actual rent: 49800
Tenant pays: Electricity, Gas, Security Deposit, Some Utilities

Estimated market value

Not available

Estimated sales range

Not available

$868/mo

Price history

Date	Event	Price
6/25/2026	Price change	$520,000-10.3%$92/sqft
Source: MAAR #10196313 Report a problem
3/12/2026	Price change	$580,000-4.1%$102/sqft
Source: MAAR #10196313 Report a problem
12/22/2025	Listed for sale	$605,000$107/sqft
Source: MAAR #10196313 Report a problem
10/27/2025	Pending sale	$605,000$107/sqft
Source: MAAR #10196313 Report a problem
9/11/2025	Price change	$605,000-4.7%$107/sqft
Source: MAAR #10196313 Report a problem
7/21/2025	Price change	$635,000-9.3%$112/sqft
Source: MAAR #10196313 Report a problem
5/9/2025	Listed for sale	$700,000+7.7%$124/sqft
Source: MAAR #10196313 Report a problem
9/29/2022	Sold	$650,000$115/sqft
Source: MAAR #10121898 Report a problem
9/22/2022	Pending sale	$650,000$115/sqft
Source: MAAR #10121898 Report a problem
7/29/2022	Contingent	$650,000$115/sqft
Source: MAAR #10121898 Report a problem
7/13/2022	Listed for sale	$650,000$115/sqft
Source: MAAR #10121898 Report a problem
6/29/2022	Contingent	$650,000$115/sqft
Source: MAAR #10121898 Report a problem
4/29/2022	Listed for sale	$650,000$115/sqft
Source: MAAR #10121898 Report a problem
4/22/2022	Contingent	$650,000$115/sqft
Source: MAAR #10121898 Report a problem
4/18/2022	Listed for sale	$650,000+188.9%$115/sqft
Source: MAAR #10121898 Report a problem
10/13/2021	Sold	$225,000-31.6%$40/sqft
Source: MAAR #10107193 Report a problem
10/4/2021	Pending sale	$329,000$58/sqft
Source: MAAR #10107193 Report a problem
9/29/2021	Listed for sale	$329,000+199.4%$58/sqft
Source: MAAR #10107193 Report a problem
3/3/2011	Listing removed	$109,900$19/sqft
Source: Mem1, LLC dba Keller Williams Realty #3215934 Report a problem
1/27/2011	Listed for sale	$109,900$19/sqft
Source: Mem1, LLC dba Keller Williams Realty #3215934 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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