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For sale
  • Price cut: $65K (7/21)
    $635,000

    1572 Hanauer St, Memphis, TN 38109

    --beds
    --baths
    5,664sqft
    : 
    Multi Family
    Built in 1952
    -- sqft lot
    $598,200 Zestimate®
    $112/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
    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#: 10196313MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1572 Hanauer St.

    Next available tour time:Today at 11am

    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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