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
For sale
Price cut: $65K (7/21)
$635,000
1572 Hanauer St, Memphis, TN 38109
--beds
--baths
5,664sqft
Est.:
Multi Family
Built in 1952
-- sqft lot
$598,200 Zestimate®
$112/sqft
$-- HOA
What's special
- 90 days
- on Zillow |
- 546 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 07:52am
Listed by:
John C Cornes,
Braden, Braden & Braden LLC 901-881-2070
Source: MAAR,MLS#: 10196313

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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: $112/sqft
- Annual tax amount: $1,733
- Date on market: 5/9/2025
- Listing terms: Conventional,Cash Only
- Lease term: 12 Months
- Total actual rent: 49800
- Tenant pays: Some Utilities, Gas, Electricity, Security Deposit
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