$650,000
SOLD SEP 29, 2022

1572 Hanauer St Memphis, TN 38109

South Memphis Neighborhood
12 Beds
-- Bath
5,664 Sq Ft
0.65 Acres

Recently Sold

$115 Per Sq Ft

156 Days on Market

About This Home

As of September 2022

Rehabbed 10 unit complex off South Parkway in 38109. Currently 90% leased, but should be 100% by closing. 4 of the 10 units have been renovated from the studs up, new mechanical, electric, and plumbing. Rents are $550/month for the 8 1/1s, $700/month for the 2 2/1s. New roofs on 2 of the 3 buildings, and the other is about 1 year old. Newer doors and windows. Owner pays for water and exterior security lights. Owner agent.

Last Agent to Sell the Property

Alissa Fowler

CrestCore Realty MphsBrokerage License #340310 Listed on: 04/18/2022

Last Buyer's Agent

Britney Hudson

Coldwell Banker Collins-Maury License #364315

Coldwell Banker Collins-Maury

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1952

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 150 x 189.5

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof
  • Composition Roof

Interior Spaces

  • 5,664 Sq Ft Home
  • Sheet Rock Walls or Ceilings
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Tile
  • Vinyl

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for heating, gas, electric, trash collection
  • Assessor Parcel Number 035067 00016

Community Details

Overview

  • 3 Buildings
  • 10 Units
  • Hanauer Subdivision

Building Details

  • Insurance Expense $5,680
  • Utility Expense $3,000

Property Details

Home Type

Apartment

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Complex
  • MLS Map #: 747A
  • MAAR Subdivision Name: HANAUER
  • Freestanding: Yes
  • Price Per Sq Ft: 1000000
  • Estimated Sq Ft: 5664
  • Year Built: 1952
  • Construction: Brick
  • List Price/ Sq Ft: 115
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floors/Ceilings: Tile, Vinyl Floor, Partial Carpet, Dry Wall

Exterior Features

  • Foundation: Slab
  • Roof: Composition, Pitched
  • Miscellaneous Exterior: Sidewalks

Garage/Parking

  • Parking Facility: Offsite/Street

Utilities

  • Hot Water: Gas
  • Cooling Systems: 1 Window Unit per Unit
  • Heating Systems: Wall Heat
  • Laundry: Connections

Lot Info

  • Lot Number: 24 & N
  • Acreage: 0.65
  • Lot Size: 150 X 189.5
  • Price Per Acre: 1000000

Rental Info

  • Tenant Pays: Heating, Gas, Electric, Trash Collection
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 035067 00016

Multi Family

  • Perc Occ: 70
  • Total Number Of Units: 10
  • Number1 Bedroom Units: 8
  • Number2 Bedroom Units: 2
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
09/30/2021 09/30/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $329,000 -- $58 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Cornes

    Seller's Agent in 2025

    John Cornes

    Braden, Braden & Braden LLC

    (901) 268-8333

    2 in this area

    76 Total Sales

    John Cornes
    Section Image
  • Alissa Fowler

    Seller's Agent in 2022

    Alissa Fowler

    CrestCore Realty MphsBrokerage

    (901) 385-3119

    3 in this area

    115 Total Sales

    Alissa Fowler
    Section Image

  • B

    Buyer's Agent in 2022

    Britney Hudson

    Coldwell Banker Collins-Maury

    Section Image
  • Adam Kalin

    Seller's Agent in 2021

    Adam Kalin

    Keller Williams

    (901) 219-0696

    2 in this area

    76 Total Sales

    Adam Kalin
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10121898

Memphis Area Association of REALTORS®
Tennessee Shelby County Memphis 38109 South Memphis

1572 Hanauer St, Memphis, TN

This home is located at 1572 Hanauer St, Memphis, TN 38109 and is currently priced at $650,000, approximately $114 per square foot. This property was built in 1952. 1572 Hanauer St is a home located in Shelby County with nearby schools including Riverview Middle School, Hamilton High School, and Memphis Scholars Florida Kansas.

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