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For sale
    • Price cut: $60K (6/25)
    $520,000

    1572 Hanauer St, Memphis, TN 38109

    --beds
    --baths
    5,664sqft
    : 
    $3,442/mo
    Get pre-qualified
    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
    483 days
    266
    23

    Zillow last checked:

    Listing updated:

    Listed by:

    John C Cornes,

    Braden, Braden & Braden LLC 901-881-2070

    Source: MAAR,MLS#: 10196313MLS Logo

      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: 428 days
      • Listing terms: Conventional,Cash Only
      • Lease term: 12 Months
      • Total actual rent: 49800
      • Tenant pays: Some Utilities, Gas, Electricity, Security Deposit

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $785/mo

        Price history

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

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        35 / 100
        Car-Dependent
        21 / 100
        Minimal Transit
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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