$225,000
SOLD OCT 13, 2021

1572 Hanauer St Memphis, TN 38109

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

Recently Sold

$40 Per Sq Ft

32% Below List Price

36 Days on Market

Highlights

  • 0.65 Acre Lot
  • Space Heater
  • Partially Carpeted

About This Home

As of September 2022

Location!Location! Location! 5 min from downtown and the river. 10 units total. See attached information sheet on the property. Great income potential. Long term tenants.

Last Agent to Sell the Property

Adam Kalin

Keller Williams License #315579 Listed on: 08/25/2021

Keller Williams

Last Buyer's Agent

Alissa Fowler

CrestCore Realty MphsBrokerage License #340310

Home Details

Home Type

  • Single Family

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
  • Composition Roof
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • 5,664 Sq Ft Home
  • Ceiling height between 8 to 10 feet

Flooring

  • Partially Carpeted
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 10 Units
  • Hanauer Subdivision

Building Details

Home Details

Home Type

Single Family

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
  • List Price Per Sq Ft: 58
  • Price Per Sq Ft: 346153.85
  • Estimated Sq Ft: 5664
  • Year Built: 1952
  • Construction: Brick, Vinyl Siding, Shake/Shingle
  • List Price Per Unit: 32900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floors/Ceilings: Vinyl Floor, Partial Carpet, 8 Feet

Exterior Features

  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Facility: Offsite/Street

Utilities

  • Hot Water: Gas
  • Cooling Systems: 1 Window Unit per Unit
  • Heating Systems: Gas, Wall Heat, Space Heater
  • Laundry: Washer in Unit, Dryer in Unit

Lot Info

  • Lot Number: 24 & N
  • Acreage: 0.65
  • Lot Size: 150 X 189.5
  • Price Per Acre: 506154

Rental Info

  • Actual Annual Rent: 33840
  • Tenant Pays: Heating, Gas, Electric, Cooling
  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 035067 00016

Multi Family

  • Perc Occ: 60
  • 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
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

    1 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

    116 Total Sales

    Alissa Fowler
    Section Image
  • Britney Hudson

    Buyer's Agent in 2022

    Britney Hudson

    Coldwell Banker Collins-Maury

    (901) 270-1861

    3 in this area

    22 Total Sales

    Britney Hudson
    Section Image
  • Adam Kalin

    Seller's Agent in 2021

    Adam Kalin

    Keller Williams

    (901) 219-0696

    2 in this area

    77 Total Sales

    Adam Kalin
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10107193

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 $225,000, approximately $39 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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