1572 Hanauer St Memphis, TN 38109
South Memphis NeighborhoodEstimated payment $3,202/month
Highlights
- 0.65 Acre Lot
- Mini Split Air Conditioners
- 1-Story Property
- Tile Flooring
About This Home
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
Property Details
Home Type
- Apartment
Year Built
- Built in 1952
Lot Details
- 28,314 Sq Ft Lot
- Lot Dimensions are 150 x 189.5
Parking
- Gravel Driveway
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 5,664 Sq Ft Home
- 1-Story Property
- Fire and Smoke Detector
- Washer and Dryer Hookup
Flooring
- Tile
- Vinyl
Utilities
- Mini Split Air Conditioners
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
- Gas Water Heater
Community Details
- 3 Buildings
- 10 Units
- Hanauer Subdivision
Listing and Financial Details
- Assessor Parcel Number 035067 00016
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,129 | $153,480 | $16,360 | $137,120 |
| 2024 | $892 | $26,320 | $15,000 | $11,320 |
| 2023 | $1,603 | $26,320 | $15,000 | $11,320 |
| 2022 | $1,603 | $26,320 | $15,000 | $11,320 |
| 2021 | $1,906 | $26,320 | $15,000 | $11,320 |
| 2020 | $1,791 | $24,720 | $15,000 | $9,720 |
| 2019 | $790 | $24,720 | $15,000 | $9,720 |
| 2018 | $790 | $24,720 | $15,000 | $9,720 |
| 2017 | $809 | $24,720 | $15,000 | $9,720 |
| 2016 | $1,054 | $24,120 | $0 | $0 |
| 2014 | $1,054 | $24,120 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/25/2026 06/25/26 | Price Changed | $520,000 | -10.3% | $92 / Sq Ft | |
| 03/12/2026 03/12/26 | Price Changed | $580,000 | -4.1% | $102 / Sq Ft | |
| 12/22/2025 12/22/25 | For Sale | $605,000 | 0.0% | $107 / Sq Ft | |
| 10/27/2025 10/27/25 | Pending | -- | -- | -- | |
| 09/11/2025 09/11/25 | Price Changed | $605,000 | -4.7% | $107 / Sq Ft | |
| 07/21/2025 07/21/25 | Price Changed | $635,000 | -9.3% | $112 / Sq Ft | |
| 05/08/2025 05/08/25 | For Sale | $700,000 | +7.7% | $124 / Sq Ft | |
| 09/29/2022 09/29/22 | Sold | $650,000 | 0.0% | $115 / Sq Ft | View Prior Sale |
| 09/21/2022 09/21/22 | Pending | -- | -- | -- | |
| 04/18/2022 04/18/22 | For Sale | $650,000 | +188.9% | $115 / Sq Ft | |
| 10/13/2021 10/13/21 | Sold | $225,000 | -31.6% | $40 / Sq Ft | View Prior Sale |
| 09/30/2021 09/30/21 | Pending | -- | -- | -- | |
| 08/25/2021 08/25/21 | For Sale | $329,000 | -- | $58 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $650,000 | Local Title & Closing Services | |
| Warranty Deed | $225,000 | Mid South Title Services Llc | |
| Warranty Deed | $40,000 | Memphis Title Company | |
| Warranty Deed | $40,000 | -- | |
| Trustee Deed | $43,249 | -- | |
| Trustee Deed | $5,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,000 | Credit Line Revolving | |
| Previous Owner | $12,734 | Seller Take Back | |
| Previous Owner | $40,000 | Seller Take Back |
Source: Memphis Area Association of REALTORS®
MLS Number: 10196313
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Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.
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Ask me questions while you tour the home.